On both sides of a real estate transaction, the purchase offer is the first formal communication that leads to the final deal. The offer combines financial details with the nuances of negotiation, and ...

Like marriage, homebuying is one part love, one part legal transaction—and it starts with a proposal. Making an offer on a house is a major step that combines strategy, paperwork, and a clear ...

If you’re in the process of buying a home, there’s no doubt you’ve seen the term “Sale Pending” or “Pending Offer” on more than a few real estate listings—perhaps even on the very home you’re trying ...

Ever since their low during the coronavirus pandemic, housing prices have been on a tear, in some cases more than doubling in ...

Prospective buyers should limit any offer to the value of a property as they see it. By Jill Terreri Ramos Q: I’m looking to buy a home in New York’s Hudson Valley, where it seems sellers sometimes ...

Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...

Getting preapproved for your mortgage is only the first step in the homebuying process. And, while it can guide you toward an appropriate price range and help you make an offer on a home, it's not a ...

Escalation clauses incrementally increase your offer on a home if the seller receives higher bids, up to a maximum price. Including one in your purchase offer can help you stay competitive without ...

A backup offer is an offer that’s submitted even though the seller has already accepted an offer from another buyer. Accepting a backup offer as a seller means you have a fall-back in case the buyer ...

Buying a home is often a mix of excitement and stress, especially when issues like foundation damage and agent disagreements come into play. If you've found a property you want to pursue—despite the ...