The Offer
When an offer arrives, review it carefully. Key components include:
Buyer Qualification
Request proof of mortgage pre-approval.
Deposit
A strong deposit demonstrates commitment.
Purchase Price
Negotiation is expected. Remain objective.
Closing Date
Ensure it aligns with your timeline.
Conditions
Common conditions include:
- Financing
- Inspection
- Status certificate review
Understand timelines and obligations before accepting.