Step 2: Submitting an Offer
When you’re ready to submit an offer on a house you need to understand the process & what info we need to provide in the offer. You also need to understand the strategies to submit a WINNING offer.
What does the Offer Form Look Like:
What if the Sellers Agent wants the offer on a Purchase Agreement:
Here are the components of an Offer:
Making an offer on a house (blog)
Making an offer on a house (video)
What are Contingencies in an Offer?
Full legal names of purchasers
Purchase Price + Escalation Clause details if included
Financing Contingency Deadline/Mortgage Commitment
Financing details (type of loan & amount of the loan)
Inspection details & deadline
Inclusions/Exclusions (ex. What appliances are included, if a multi-family are all tenants remaining)
Appraisal Details: subject to appraising at purchase price or are you willing to cover a gap?
Signed Seller Disclosures
Signed Lead Disclosure
Signed Mandatory Relationship Disclosure
Signed Exclusive Buyer Representation Agreement
Watch my full YoutTube home buyer playlist for more videos: Home Buyer YT playlist (please subscribe!)
Considering a condo? Watch this video!
Have questions–let’s chat!