Donahue Real Estate Company



Posted by Donahue Real Estate Company on 5/22/2019

In some instances, it may be beneficial to reject an offer to purchase your home. Because if a homebuying proposal fails to meet your expectations, you may want to wait for another offer to come your way.

Reviewing a homebuying proposal and determining whether to reject this offer can be tricky. But we're here to help you evaluate an offer to purchase so you can decide the best course of action and feel confident about your choice.

Now, let's take a look at three tips to help you assess an offer to purchase and determine whether to decline.

1. Review the Local Housing Market

The housing market in your city or town is a major factor in the property selling journey. If you're selling your residence in a buyer's market, you likely face steep competition to sell your house and maximize its value. Comparatively, if you're operating in a seller's market, there may be an abundance of buyers and a shortage of sellers in place.

Take a look at the prices of recently sold residences and how long these properties were listed before they sold. You may want to consider the prices of currently available houses in your area that are similar to your residence too. With this housing market data in hand, you can differentiate a buyer's market from a seller's one and take a data-driven approach to decide how to proceed with an offer to purchase.

2. Weigh Your Home's Strengths and Weaknesses

You believe your home is great, but you also realize that your residence is far from perfect. As such, it often helps to weigh your residence's strengths and weaknesses relative to an offer to purchase and proceed accordingly.

For example, if a homebuyer submits a competitive offer to purchase your home in spite of its exterior damage, you may want to accept this proposal. On the other hand, if a buyer submits a "lowball" offer on your recently upgraded house, you may want to decline this proposal.

3. Consult with a Real Estate Agent

If you're unsure about whether to reject an offer to purchase, there is no need to worry. You can always hire a real estate agent, and this housing market professional can provide comprehensive support throughout the property selling journey.

A real estate agent is ready to help you in any way possible. If you need help listing your residence and promoting it to prospective buyers, a real estate agent can assist you. Or, if you want to find innovative ways to enhance your residence's curb appeal, a real estate agent can provide home exterior upgrade recommendations.

Of course, a real estate agent will work with you to review any offer to purchase your house. You and your real estate agent together can discuss the pros and cons of a homebuying proposal and make a decision that corresponds to your house selling goals.

Take the guesswork out of reviewing an offer to purchase use the aforementioned tips, and you can decide whether rejecting a homebuying proposal is the best option.





Posted by Donahue Real Estate Company on 5/21/2019


198 Sprague St, Dedham, MA 02026

Greenlodge

Single-Family

$435,000
Price

5
Rooms
3
Beds
1/1
Full/Half Baths
A COMMUTERS DREAM! Welcome to this fabulous 3 bedroom/ 1.5 bath ranch offering low maintenance vinyl siding and brick exterior, replacement windows, carport, deck, patio and storage shed on a magnificently manicured corner lot. The home boasts a sun drenched living room with the hardwood floors, a working wood fireplace, an updated granite kitchen and dining area with laminate flooring, it's the open floor plan you'll love. Three nice size bedrooms with hardwood floors and the large full tiled bath. Pull down attic for storage. Wait until you see the basement! Owens Corning basement system and half bath completely finish off this house perfectly. Close proximity to the Endicott commuter rail, Greenlodge School, and Paul Park. A quick ride to 95, Legacy Place, or University Station at Westwood...don't snooze, you'll lose this one!
Open House
Thursday
May 23 at 5:00 PM to 6:30 PM
COMMUTER OPEN HOUSE...Stop by and take a look at this fabulous 3 bed/ 1.5 bath ranch! See this house before Memorial Day Weekend!
More Open Houses
Cannot make the Open Houses?
Location: 198 Sprague St, Dedham, MA 02026    Get Directions

Similar Properties





Categories: Open House  


Posted by Donahue Real Estate Company on 5/21/2019


198 Sprague St, Dedham, MA 02026

Greenlodge

Single-Family

$435,000
Price

5
Rooms
3
Beds
1/1
Full/Half Baths
A COMMUTERS DREAM! Welcome to this fabulous 3 bedroom/ 1.5 bath ranch offering low maintenance vinyl siding and brick exterior, replacement windows, carport, deck, patio and storage shed on a magnificently manicured corner lot. The home boasts a sun drenched living room with the hardwood floors, a working wood fireplace, an updated granite kitchen and dining area with laminate flooring, it's the open floor plan you'll love. Three nice size bedrooms with hardwood floors and the large full tiled bath. Pull down attic for storage. Wait until you see the basement! Owens Corning basement system and half bath completely finish off this house perfectly. Close proximity to the Endicott commuter rail, Greenlodge School, and Paul Park. A quick ride to 95, Legacy Place, or University Station at Westwood...don't snooze, you'll lose this one!
Open House
Thursday
May 23 at 5:00 PM to 6:30 PM
COMMUTER OPEN HOUSE...Stop by and take a look at this fabulous 3 bed/ 1.5 bath ranch! See this house before Memorial Day Weekend!
More Open Houses
Cannot make the Open Houses?
Location: 198 Sprague St, Dedham, MA 02026    Get Directions

Similar Properties





Categories: Open House  


Posted by Donahue Real Estate Company on 5/21/2019


198 Sprague St, Dedham, MA 02026

Greenlodge

Single-Family

$435,000
Price

5
Rooms
3
Beds
1/1
Full/Half Baths
A COMMUTERS DREAM! Welcome to this fabulous 3 bedroom/ 1.5 bath ranch offering low maintenance vinyl siding and brick exterior, replacement windows, carport, deck, patio and storage shed on a magnificently manicured corner lot. The home boasts a sun drenched living room with the hardwood floors, a working wood fireplace, an updated granite kitchen and dining area with laminate flooring, it's the open floor plan you'll love. Three nice size bedrooms with hardwood floors and the large full tiled bath. Pull down attic for storage. Wait until you see the basement! Owens Corning basement system and half bath completely finish off this house perfectly. Close proximity to the Endicott commuter rail, Greenlodge School, and Paul Park. A quick ride to 95, Legacy Place, or University Station at Westwood...don't snooze, you'll lose this one!
Open House
Thursday
May 23 at 5:00 PM to 6:30 PM
COMMUTER OPEN HOUSE...Stop by and take a look at this fabulous 3 bed/ 1.5 bath ranch! See this house before Memorial Day Weekend!
More Open Houses
Cannot make the Open Houses?
Location: 198 Sprague St, Dedham, MA 02026    Get Directions

Similar Properties





Categories: Open House  


Posted by Donahue Real Estate Company on 5/21/2019


198 Sprague St, Dedham, MA 02026

Greenlodge

Single-Family

$435,000
Price

5
Rooms
3
Beds
1/1
Full/Half Baths
A COMMUTERS DREAM! Welcome to this fabulous 3 bedroom/ 1.5 bath ranch offering low maintenance vinyl siding and brick exterior, replacement windows, carport, deck, patio and storage shed on a magnificently manicured corner lot. The home boasts a sun drenched living room with the hardwood floors, a working wood fireplace, an updated granite kitchen and dining area with laminate flooring, it's the open floor plan you'll love. Three nice size bedrooms with hardwood floors and the large full tiled bath. Pull down attic for storage. Wait until you see the basement! Owens Corning basement system and half bath completely finish off this house perfectly. Close proximity to the Endicott commuter rail, Greenlodge School, and Paul Park. A quick ride to 95, Legacy Place, or University Station at Westwood...don't snooze, you'll lose this one!
Open House
No scheduled Open Houses

Similar Properties





Categories: New Homes