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Create the Offer to Purchase Before the offer to purchase is
created, it is very important that you have been at least
pre-qualified or better yet pre-approved by a lender. This is one of
the best negotiating tool a buyer can have. It shows the seller that
you are financially able to purchase the home. After you have found
the right home, it is time to prepare the offer. The offer to
purchase is a five page Earnest Money Agreement. It covers all
facets of the purchase process, such as:
-purchase price
- amount and type of earnest money
- contingencies (financing, inspection, etc.)
- personal items you wish the seller to include (washer/dryer,
etc.)
- closing date
-time limit after which the offer will expire
- responsibilities of both buyer and seller
Once you make the offer, we present it to the Seller and their
Agent. The Seller may accept it, prepare a counter offer, or reject
the offer all together. Once the offer is accepted, it is a legally
binding contract.
Interested in finding a home in Central Indiana? Put us to work for
you today. Our team would love to help!
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