| 4. Before Putting In An Offer Introduction
Check the Sale Comps
Check out the Neighborhood
Check out the Seller
Check the Commute Introduction
Once you find the right home that fits your budget and requirements the next step is to make an offer on the property. Before you make an offer you need to get as much information as possible so that you can make an intelligent offer. A good agent will provide you with all the information at his disposal so that you can make an informed decision. Check the Sale Comps
The first and most important thing your agent should do is to provide you with a report showing what comparable properties in the neighborhood have sold for in recent past. In general, the more recent the sale the more relevant it is. Lacking any recent sales in the particular neighborhood then your agent should provide you with sales comps on similar homes in similar neighborhoods within the area in question. Your agent should be able to interpret the reports and give you an opinion on the true value of the home within a range. Check out the Neighborhood
If you haven’t checked out the neighborhood yet then do it now before putting in an offer. Drive around the neighborhood at different times to get a feel for the neighborhood. If possible, walk around and talk to other property owners to get their opinions of the neighborhood. Ask your agent for their opinion and what they know about the neighborhood. Check out the Seller
Why are they selling, divorce, debt, job relocation or retirement? Your agent should be able to find out this information from the listing agent and possibly a clue as to how motivated the sellers are to sell. Information is the key to putting in a good offer. Check the Commute
If you commute, drive from your job to the house. Or better yet take the morning drive from the house to your job. You want to be sure the commute time is acceptable. | 
