Making an offer on a property

When it comes time to make an offer on a specific property, you will require assistance in current market information and drafting your offer.

A Real Estate Professional such myself, will communicate your 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 at the same time which would put you in a multiple offer situation.  A Real Estate Professional such as myself can guide you through this process.

Firm Offer to Purchase
Usually preferable to the seller because it means buyers are prepared to purchase the home without any conditions. (Most typical in “hot” listings where multiple offers are being conveyed to the Seller)

Conditional Offer to Purchase
Usually means there are one or more conditions on the purchase, such as “subject to home inspection”, “subject to financing” etc.  The home is not sold until all the conditions have been met.

Acceptance of Offer
An Offer to Purchase is presented to a seller who may accept the offer, reject it, or submit a counter-offer. The counter-offer may be in reference to the price, closing date, or any number of variables. Offers can go back and forth until both parties have agreed to terms or either side ends the negotiations.