Preparing an Offer

 

Preparing an Offer

 

PRICE

As per the previously prepared CMA. preparing-an-offer

DEPOSIT

The Buyer includes a deposit in the Offer to give it authenticity and to show their sincerity to the Seller. The deposit is considered part of the purchase price and is ultimately adjusted as a credit to the Buyer on closing.

CONDITIONS

These may include Financing, Inspection, Insurance, Lawyer Approval, Sale of Buyer’s Home.

TERMS

These include Balance of Purchase Price, Chattels in Good Working Order, Right to Re-Visit prior to Closing, Survey.

INCLUSIONS

These may be appliances, window coverings, fixtures.

IRREVOCABLE

Time the Seller has to accept the Buyer’s offer. Note: If Seller is countering the Buyer’s offer, it is a new offer from the Seller to the Buyer and can be done after the expiration of the Buyer’s irrevocable time.

CLOSING DATE

When the Buyer can take possession of the home