Show the terms that change the result
Start with the sale price, then subtract requested credits and other offer-specific costs using the same categories for every proposal. Put the estimated result beside your required proceeds range. Next, list contingencies and the dates on which they must be resolved. A price premium may be less useful when it depends on financing or a property sale that is not yet supported, but that dependency should be investigated rather than dismissed by a label.
Add the practical commitments: preparation or repair, included items, closing date, and possession. Check them against your replacement-housing and moving plan. Ask the relevant reviewer to explain unfamiliar clauses and identify missing confirmation. Finally, record why you prefer a proposal and what additional evidence is needed before acceptance. This is a decision aid, not a guarantee of buyer performance or a substitute for the contract. Consistent comparison makes it easier for co-owners to agree and avoids changing the accounting method merely because one headline number looks attractive.
- Use the same expense categories.
- Record dependencies and evidence.
- Check the move commitments.
This answer belongs to Evaluating seller offers and carrying the contract to closing. Read the guide for the wider transaction context.
Sources and effective dates
Read the original guidance and use the version applicable to your property and transaction. Practical planning suggestions are distinguished from legal or program requirements.
- CFPB: Buying a house
Consumer process guidance; a lender's current disclosures govern the loan.
Source checked · United States