Submitting an Offer
Once you have found the right property, the next step is to make a purchase offer to the seller:

Determine the price you want to offer
  • The price the seller is asking may or may not reflect realistic market value.
  • The best way to determine market value is with a Comparative Market Analysis (CMA) showing similar properties that sold recently, those that are currently active on the market and those that failed to sell.
  • I will discuss with you an estimate of costs associated with purchasing this property.
Decide on financing.
  • We will review together the status of your loan pre-approval.
  • We will work together with your loan officer to explain financing options and help you determine the mortgage plan that best fits
  • your requirements.
Decide on other issues important to you, such as
  • Items of personal property you want included with the house.
  • Warranty, inspections, repairs or other home enhancements by the seller.
  • Closing date and possession.
I will present your offer
  • The seller will have three choices: accept your offer as it is presented; reject it completely; or propose adjustments to your offer (counter offer).
  • If there is a counter offer, you can choose whether to accept it, reject it or counter it.
  • Once you have reached agreement with the seller, you will have a firm contract to purchase the home.

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© 2018 Jill Hann - Royal LePage Atlantic Brokerage - Halifax