Make an Offer
Many things need to be taken into account when making an offer
- Are some essential repairs needed
- Is the property sensibly priced
- Is it a high demand property, which many buyers may bid for
Most Dowen properties are priced with a view to accepting a little less than the asking price, but ultimately there is no set rule. If a property attracts many buyers, it may well achieve its asking price or possibly even more.
Once your offer is "on the table", the sales negotiator will contact the owner for a response. Your offer may be accepted immediately or the owner may indicate what offer he/she is willing to accept. Negotiations will continue until your offer is accepted or the owner and/or you decide not to proceed further.
Once your offer has been accepted you will need to quickly arrange a mortgage.