The major Elements of an Offer:
Price:
Depending on local market conditions, your opinion of value and marketing information provided by us, the price you offer may be different from the seller’s asking price.
Deposit:
The deposit shows your good faith and will be applied against the purchase of the home when the sale closes. We can advise you on an appropriate amount.
Terms:
Includes the total price offered and the financing details. You may arrange your own financing or ask to assume the seller’s mortgage, especially if it has an attractive interest rate.
Conditions:
These might included “subject to home inspection”, “subject to buyer obtaining financing” or “subject to buyer selling their property”.
Inclusions and Exclusions:
These might include appliances and certain fixtures or decorative items, such as window coverings or mirrors.
Closing or Possession Date:
Generally, the day the title of the property is legally transferred and the transaction of funds finalized unless otherwise stated.
