Elements of an Offer
There are six key components to the elements of an offer.
Depending on the local market conditions and information provided by me, your Real Estate Professional, the price you offer may be different from the seller's price.
Your deposit shows good faith and will be applied against the purchase of the home when the sale closes. As your Real Estate Professiona,l I can advise you on an appropriate amount.
Includes the total price offered and the financing details. You arrange your own financing or ask to assume the seller's mortgage, especially if it has an attractive interest rate.
These might include "subject to home inspection", "subject to you obtaining financing", or "subject to you selling your property".
Inclusions and Exclusions
These might include appliances and light fixtures or decorative items, such as window coverings and mirrors. These items would remain in the house.
Closing or Possession Date
Generally, the day the title of the property is legally transferred and the transaction of funds finalized.
If you'd like to see a copy of an offer, email, text or call me, I'll send you a copy so you can familiarize yourself with it before you make the initial offer for your new home.
Have questions? Let me know if I can answer any you might have.
I'm always around to help!