How To Make An Offer

When it comes time to make an offer, I will provide current market information and will assist you in drafting your offer. We 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 coming in at the same time. We can guide you through this process.

Firm Offer To Purchase

Usually preferable to 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 as soon as possible. The seller may accept the offer, reject it, or submit a counter-offer. The counter-offer may be in reference to the price, the closing date, or any number of variables. The offers can go back and forth until both parties have agreed or one of you ends the negotiations.

Why Hire A Lawyer?

A legal professional is there to represent your interests and to process the legal documentation required. I will provide you with the names of legal professionals who specialize in real estate.

Other Purchase Expenses

Be aware of these costs "Other Ajustments" would include additional money the purchaser is required to pay to the seller. These are usually reimbursements of expenses that the seller has prepaid on behalf of the purchaser.

The "statement of adjustments" covers these items. This statement, detailing adjusting figures and amounts owed by both parties as of the adjustment date, is usually prepared by the purchasers lawyer. These items are additional expenses that are not included in the down payment. Before committing your entire savings to such a down payment, you, the purchaser, should be aware of these costs.

Additional costs at purchase possession date can range from $1,000 to $3,000. I will make an itemized list of approximate costs for you.

Legal fees are especially important for you to consider.

I am committed to your success, and am pleased that you would considering me as your Realtor. This is a list of some of the expenses that can and will be incurred with your purchase. I feel you should be aware of them:

• Mortgage application fee
• Deposit at time of offer
• Property appraisal
• Property inspection
• Balance of purchase price
• Legal fees
• Legal disbursements including land title fee
• Real Property Report (Property survey)
• Land transfer fee

• Mortgage insurance
• Adjustments for fuel and taxes
• Home and garden implements
• Moving expenses
• Home and property insurance
• Utility hook-ups such as phone, electricity natural gas
• Re-decorating--paint, drapes, curtains carpeting, and such
• Appliances