The below topics are discussed in much more depth
on our members' Negotiating of Purchase Agreement page.

Be sure to also see our Buying & Selling Income Property e-Course.

Negotiating each and every aspect of an offer to purchase real estate offers several opportunities to enhance a property's ultimate benefit to you, in addition to the best possible price and terms.

There are several elements to a legal contract to purchase real estate:

  • Legal purpose
  • Offer
  • Acceptance
  • Written (Statute of Frauds)
  • Consideration
  • Principals must have capacity
  1. Negotiating Rule Number One: He who cares least wins. Ask for anything and everything
  2. Rule Number Two: Once an offer is made, ... the next one who talks loses.

Negotiable elements and pit-falls in a Purchase Agreement:

  • Cash Deposits
  • Loans
  • Agreements
  • Personal Property
  • Buying Tenants

The above topics are discussed in much more depth
on our members' Negotiating of Purchase Agreement page.