November 15, 2009

Making An Offer

When it comes time to make an offer, your Real Estate Sales Representative can provide current market information which will aid you in presenting your offer.

Your Sales Representative will communicate the offer, sometimes known as an Offer to Purchase, to the seller, or the seller’s representative, on your behalf. Sometimes there may be more than one offer on a property. Your Sales Representative will guide you through this process as smoothly and effortlessly as possible.

Firm Offer To Purchase:

Usually preferred by the seller because it means that you are prepared to purchase the home without any conditions. If the offer is accepted – the home is yours.

Conditional Offer To Purchase :

Usually means that you have placed one or more conditions on the purchase, such as “subject to home inspection”, “subject to financing” or “subject to sale of buyer’s existing home”.

The home is not sold until all the conditions have been met.

Acceptance Of Offer:

Your Offer to Purchase will be presented at the earliest possible opportunity. The seller may accept the offer, reject it, or submit a counter-offer.

The counter-offer could be in reference to any number of factors, including the closing date and/or the purchase price. The offers may sometimes go back and forth until both parties have agreed upon an offer or until one or the other ends the negotiations.

wmcneil Filed under: Uncategorized — wmcneil @ 2:40 pm

No Comments »

No comments yet.

RSS feed for comments on this post. TrackBack URL

Leave a comment


 

 

 


Get Adobe Flash playerPlugin by wpburn.com wordpress themes

Listings | Buying | Selling | Relocation | Contact Us | Blog | Site Map
Website Design by Northern Output

Powered by WordPress

SEO Powered by Platinum SEO from Techblissonline