RECEIVE OFFERS
ON THE HOME
When a buyer decides to buy your home, an offer
will be presented. Your RE/MAX
Village Properties realtor will advise you as to whether or
not the prospective buyer is qualified to
purchase your home. After all, there is no
reason to review an offer if the person(s)
making it will not be able to actually buy your
home.
You and your RE/MAX Village Properties realtor
will then review the written document, taking
care to note what is required of 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:
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- 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, be certain to address them with your
RE/MAX Village Properties realtor right away.
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