Once
a buyer decides they would like to
buy your house, an offer will be presented. Review the written
document taking care to note what needs to be done by both
parties to execute the transaction. The contract should
protect the best interests of all parties involved and should
be comprehensive in nature. Once you accept the contract,
it may be too late to make any changes. The contract, though
not limited to this list, should include the following:
A legal description
of the property
The offering price
The down payment
Financing arrangements
A list of fees
and who will pay them
Amount of the deposit
Inspection rights
and possible repair allowances
The method of conveying
the title and who will handle the closing
A list of appliances
and furnishings which will stay with the home
The settlement
date
Any relevant contingencies
Remember that the
legalities of this phase are very important. If you have
any questions or concerns, they need to be addressed right
away.
Alexis Eldorrado
can save you time and money by making
sure that the offer is presented to you by a qualified buyer.
There is no reason to review an offer if the person(s) making
it will not be able to actually buy your home. Alexis will
also be available to review the written offer to make sure
that it is written in a proper way and covers the necessary
areas.
equal
housing opportunity