A sound purchase offer should fit both the home and the risks you can accept. I want you to understand financing and inspection requirements before deciding whether to change those protections.
In the latest market report, Leesburg homes sold for an average of 100.2% of their asking prices. The typical sale price was $825,000. These measurements cover single-family homes, condos, townhouses and apartments together. The average percentage of asking price that homes sold for does not identify how many individual homes sold above asking.
An asking-price percentage cannot tell us which conditions belong in your offer or what risks are appropriate for you. I would consider the proposed price alongside your financing readiness, inspection needs and the responsibilities created by the contract. Giving up protections without considering the risks can leave an important question unresolved when you become committed to the purchase.
Verify your financing requirements with your lender before we prepare an offer that depends on loan approval. Discuss the inspection questions you need answered and how the proposed contract would handle findings or deadlines. Confirm the seller's instructions for submitting an offer, then review the price and conditions together before signing.
