Making an Offer

Making an Offer
Once we find the home that meets everything on your LIST, we will then move forward to place an offer on your future home.

In the offer, we will specify what you, the buyer, are willing to pay for said property, state when the offer expires, and suggest a closing date for the property.  Some conditions you may consider to place in the offer are as follows:

  • Obtaining adequate financing.
  • selling your current home (the seller may continue to market the property, but will give you the right of first refusal);
  • the seller providing a current survey, or a “real property report,” showing the location of the house on the property owned by the seller and that there are no encroachments;
  • the seller having title to the property (your lawyer will check this out when he or she conducts a title search to see if there are any liens on the property, easements, or rights of way).
  • if there is a septic system,  the seller should have the system inspected and provide the proper documentation that such an inspection has taken place and everything is in proper working order.
  • Every home should be inspected by a professional home inspector.
  • Any inclusions – basically, what stays and what goes (ie the Fridge, Stove, Dishwasher, Pool Table, etc).

In addition, you will need to present a deposit to the Seller, which demonstrates your good faith as a buyer to move forward with the purchase on the closing date agreed upon in the purchase agreement.  The value of your deposit is usually ~5-10% of the value of the home.

From here, it’s all about negotiating. I will meet with the Co-operating Brokerage’s Representative, and do everything in my power to take you one step closer to you owning your dream home.