The Offer

• The Search
• Financing
• The Offer
• Counter Offers
• Contingencies
• Home Inspection
• Homeowner's Insurance
• Appraisal
• Title Insurance
• Closing
• FAQ's

An offer is typically negotiated and recorded in a sales agreement signed by the buyers and the sellers of the transaction. Documents typically included with the sales contract include the seller’s disclosure and lead based paint disclosure if applicable, along with any contingencies such as financing, inspection, or appraised value. Many contingencies are placed directly into the sales agreement. Items identified in the sales agreement include:

 ·The parties to the transaction.
· The address and legal description of the property.
· The purchase price and how it is to be paid
· Amount of earnest money deposit.
· Provisions for the closing date of the transaction.
· When the buyer is to take possession.
· A provision for title evidence specifying title delivery.
· A statement of remedies available in the event of default
· Dated signatures of all parties
· The offer expiration date.
· Personal property and fixtures to be included in the agreement.