Making an Offer

Essential Elements for Making an Offer on Your Dream Home

HOW TO MAKE AN OFFER

When you’re ready to make an offer, we’ll provide you with up-to-date market information and assist you in drafting a legal document that outlines the terms and conditions of your offer to purchase the home.

We’ll communicate your offer to the seller or their representative on your behalf. In some cases, there may be multiple offers on the property, but we’ll be there to guide you through the process.

Your offer can be either firm or conditional, depending on your preferences.

ACCEPTANCE OF THE OFFER

Once your offer is submitted, the seller can accept, reject, or counter-offer. They may negotiate on aspects such as the price, closing date, or other variables.

This back-and-forth process can continue until both parties agree or one party decides to end the negotiations.

Rest assured; we’ll support you and guide you throughout the acceptance process.

Common Home Buying Offer Terms

For a better understanding of the home buying process, here are some frequently used terms you may encounter while making an offer on a new home.

PRICE

To determine the price you offer, take into account local market conditions, your own opinion of value, and advice from your real estate professional. It may differ from the seller's asking price.

DEPOSIT

Providing a deposit shows your good faith and commitment to the purchase. The amount will be applied against the purchase price at closing. Your sales representative can suggest an appropriate amount.

TERMS

Outline the total price offered and financing details, including whether you may arrange your own financing or assume the seller's mortgage, especially if it has an attractive interest rate.

CONDITIONS

Specify any conditions attached to the offer, such as "subject to home inspection," "subject to obtaining financing," or "subject to selling your property."

INCLUSIONS & EXCLUSIONS

Outline any items included or excluded in the sale, such as appliances, fixtures, or decorative items like window coverings or mirrors.

CLOSING DATE

Generally, the closing date is the day when the title of the property is legally transferred, and the transaction or possession of funds is finalized, unless otherwise specified.

Don't wait any longer to find your dream home!

Contact one of our experienced agents today and let us help you make your dream a reality.