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When you have zeroed in on the home you truly want, then it is time to prepare a formal offer to purchase on a standard form known as the Contract of Purchaseand Sale. It is imperative that the drafting of this very critical document be done in conjunction with a real estate licensee, notary public, or lawyer.
The offer will contain all of the standard details identifying the buyer, the seller, the property, and various related details. Then it will outline the essential elements of your offer to purchase the property and all the conditions which you feel are necessary for the seller to meet in order to consummate the transaction.
You should be completely aware that once you place your signature on this document, it forms a legally binding agreement which can be enforced by law. Both the buyer and the seller will have legal obligations to fulfill under the terms of the contract and failure to do so can lead to a court date.
The offer should include:
All aspects of the offer are important but none perhaps more than the subject clauses. These conditions spell out what events must successfully occur or the transaction will not be executed. In many offers, these include the possibility of the property not passing a home inspection, or the buyer not being able to obtain suitable financing or selling a previous property.
Anne has 20+ years of Real Estate selling experience.
"It is always such a pleasure to find that special place with all the most desired features that makes everyone feel at home! Your home is one of your biggest investments that you will make in your lifetime. It is so important to find a home that not only exceeds all expectations but also increases your net worth. A sound investment makes sense and will build a secure financial future."
Let me help in all your Real Estate requirements! Whether buying or selling I can help in every step of the journey. I consider my clients part of my family and always recommend solutions that are in your best interest and according to your desired goals.
Call or email me and we can get started.