Make Offer
Now that we have found your Dream Home, we will start the purchasing process. It is time to make an offer. Taking into account all of the recent sales of homes in that neighborhood which are similar in size, quality, conveniences, and amenities, is the asking price fair for the home? We will consult with you and give you our best advice. Then we will create an offer that will have the greatest chance of being accepted.
We will ensure that you have everything in writing... no verbal agreements. Your offer will be put into a written agreement that meets all of the legal requirements according to our local and national guidelines. We will present the written document to the seller detailing what needs to be done by both parties to execute the transaction. The agreement should protect the best interests of all parties involved and should be comprehensive in nature. We will also ensure your financial position as the buyer, by including any necessary contingencies, which will protect you if a particular requirement is not met, otherwise, once the seller accepts your offer it may be too late to make changes.
The agreement, though not limited to this list, should include the following:
? A legal description of the property
? The offering price
? The down payment
? Financing arrangements
? A list of fees and who will pay them
? Amount of the deposit
? Inspection rights and possible repair allowances
? The method of conveying the title and who will handle the closing
? A list of appliances and furnishings which will stay with the home
? The settlement date
? Any relevant contingencies
Remember that the legalities of this phase are very important. If you have any questions or concerns, they need to be addressed right away. After all, you do not want to be in your closing saying, "I wish I had asked more questions."
|
EMAIL
