Make an offer
Once you decide which home will best fulfill your needs it is time to make an offer. Your agent will assist in determining the best offering price and create a written contract meeting all regional and national legal requirements. The document will detail such items as a legal description of the property, the price offered, financial arrangements, inspection rights with possible repair allowances, contingencies, etc. Remember, almost everything is negotiable, so now is the time to include any special requests you may have such as painting, appliances, repairs, closing costs etc. in the offer to purchase contract. This written contract will be delivered to the seller’s agent along with an earnest money payment from you. The earnest money deposit will be kept in the trust account of the listing agency and will be shown on the closing statement as a part of your payment for the property. |