Other than the PRICE, what's important in the DEAL?

Obviously, price is important. If we get so hung up on price without asking questions, we may miss good deals. Let's look at a few terms/conditions:

1. Financing / Timing. Will the seller carry the note so the flipper can rehab without incurring debt service costs, as an example?

2. Conveyance. What items (usually appliances) convey?

3. Timing. What is the flexibility for when the deal needs to happen? 

4. Warranty. How much is peace of mind worth for each party?

5. Is it As Is Condition?

These are a handful of variables that can affect deals. So, when you first see a property listed on a public site that looks interesting but may not work at first glance as described, think about reaching out to the seller to ask some questions before crossing the property off of your list. If you are the seller, consider these issues when meeting with buyers. There may be a buyer who isn't prepared to close immediately, but will have funds and resources in place in a few months and is willing to put down a deposit to hold the deal...Food for thought. 

Any other variables you incorporate into your offers?