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Welcome > Sitemap > For Buyers ...
For Home Buyers:
Why Buyers Choose The Luby Group - Why homebuyers looking for a real estate agent in the Chicago Northwest Suburbs, Barrington, Inverness and Palatine area choose The Luby Group.
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Mortgage Prequalification - Pre-qualify for a mortgage or loan for your Chicago Northwest Suburbs, Barrington, Inverness and Palatine house or other real estate or property.
Market Trends & Statistics - Click here for more information...
Go to Main Sitemap - Main sitemap sections include Find Chicago Northwest Suburbs, Barrington, Inverness and Palatine Homes, For Home Buyers, For Home Sellers, Chicago Northwest Suburbs, Barrington, Inverness and Palatine Information, Real Estate Resources, and About The Luby Group.
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Making An Offer >Negotiations Part 2
If you are the buyer in a home sale transaction, you should be prepared to submit an offer to the seller. An offer is not simply the price -- there are more components involved.
The real estate agent will act as the conveyor of information. There are a few things to look out for in such negotiations: 1) include a finance contingency, even if you have loan pre-approval, 2) insist on an engineer's, termite and radon inspection contingencies, 3) itemize the personal property you want included, such as chandeliers or drapes, and 4) submit the closing date you prefer.
Buyers should be prepared to make their best offer first, but if that offer is not acceptable to the seller, they should expect to go through a round of counter-offers.
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What document must lenders provide within three days of receiving your application for financing?
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The "Truth In Lending Disclosure Statement" will give you complete financial information about the loan. |
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