MAJOR ELEMENTS OF AN OFFER
Price: depending on the local market conditions, your opinion of value and market information provided by us, the price you offer may be different from the seller's asking price.
Deposit: a deposit proves your commitment to the offer and will be applied against the purchase price of the home when the sale closes. We can advise you on an appropriate amount.
Terms: includes the total price offered and any additional 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 include, among others, "subject to home inspection", "subject to you obtaining financing" or "subject to you selling your property".
Inclusions and Exclusions: these might include appliances and certain fixtures or decorative items, such as window coverings, light fixtures, appliances, mirrors, etc.
Closing and Possession Date: generally, the date that title of the property is legally transferred and the transaction of funds finalized unless otherwise specified.
How to Make an Offer: