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Our Real Estate Professionals Know Offers to Purchase.. |
Major Elements of an Offer to Purchase
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- Price: Depending on the local market conditions, your opinion of value and market information provided by your Royal LePage Real Estate Professional, the price you offer may be different from the seller's asking price.
- Deposit: The deposit shows your good faith and will be applied against the purchase of the home when the sale closes. Your Royal LePage Real Estate Professional can advise you on an appropriate amount.
- Terms: Includes the total price offered and the 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 "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 or mirrors.
- Closing or Possession Date: Generally, the day the title of the property is legally transferred and the transaction of funds finalized unless otherwise specified (except in Manitoba and Quebec). Note: In British Columbia the Possession Date is legally 1 to 3 days after closing.
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Contact one of our Collingwood Blue Mountain Real Estate Professionals for more Info!!!...
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