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Real Estate Tips
Accepting An Offer >Offers and Counter Offers

Many of the offers real agents submit for prospective buyers aren't exactly what the sellers want. The price may be lower than they are asking or there might be terms included in the offer that will require negotiation. What happens after the offer is submitted?

The seller's real estate agent will present the offer to the sellers, along with the buyer's qualifications. If the sellers accept the offer, then a purchase agreement is written and signed by both parties. If the sellers counter the offer, the next action is initiated by the buyers when they make a response, either accepting the counter offer or countering it with yet another figure. If you want to buy a particular house, your chances of succeeding are greater if your initial offer is as close to the asking price as possible. You could save money by engaging in lengthy negotiations, but you run the risk of losing the home if a more attractive offer comes in from another buyer.

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Real Estate Trivia
Q 
What is the maximum interest you can deduct on your federal tax return to purchase or improve a first or second home?

A 
One of the greatest benefits of home ownership is the federal tax deduction for interest up to, but not exceeding, $1million.
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Jill Biggs Real Estate Team, REALTOR®, real estate agent and broker for Jersey City, Hoboken, Union City and Weehawken, New Jersey home listings, property and land for sale - NUMBER1EXPERT

Jill Biggs
Coldwell Banker Residential Brokerage

100 Washington Street
Hoboken, NJ 07030
Cell: 973-495-6038
Direct: 201-533-3073
Office: 201-798-3300
eFax: 862-345-1528
Fax: 201-798-9366
JillKBiggs@gmail.com
jillbiggs@NUMBER1EXPERT.com

Jill Biggs has set the standard for service in Hudson County. As a Realtor, Jill Biggs takes customer service to a new level, handling every detail of all transactions to make each sale a pleasant experience for both buyers and sellers.

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