The highest offer price is not enough to judge an offer on your home. We should also examine the terms and obligations before you decide.
The latest market report covers Warren single-family homes, condos, townhouses, and apartments. Homes sold for an average of 98.8% of their asking prices. The typical sale price was $230,000. These price measures do not identify the expenses, financing requirements, or inspection terms attached to an individual offer.
For your decision, I would compare the full proposals rather than rank them by offer price alone. A requested credit or expense matters when estimating the money you would keep after paying the mortgage and sale expenses. Financing requirements and proposed deadlines also deserve separate attention because a higher price does not resolve those questions.
Review each received offer's price, requested credits, and expenses together so the financial comparison is clear. Identify financing and inspection requirements, including the deadlines and obligations written into each proposal. Confirm the proposed closing timeline with the professionals handling the transaction before agreeing to dates.
