What is an offer to purchase? It is the written proposal to a seller to purchase real estate. In order for a real estate transaction to be legally enforceable it must be in the form of a written contract. A written proposal will specify all of the terms and conditions of the purchase.

After the offer to purchase it drawn up and the buyer signs it, it is usually presented to the seller by their real estate agent. In some cases both agents will present the offer to the seller. If the seller signs as is, it will become a binding sales contract.

It is important that the offer to purchase includes items such as:

– The address and the legal description of the property
– The sale price
– The date of the anticipated sale
– The amount of earnest money deposit
– Contingencies: for example the ability to obtain a mortgage, home inspection, and the opportunity for an attorney to review the contract
– How to make adjustments to things such as real estate taxes, rents, and utilities bills
– The type of deed to be given
– Any access the buyer may have to the property, for example, a final walk through inspection before the sale
– A time limit in which the offer will be good for

Your real estate professional will be able to help you prepare the best offer for your circumstances.

Date: 03/29/2015 Time: 11:30 AM to 1:00 PM  
For Directions: click on the map image or feel free to contact me.  
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Nothing to do but move right in. Meticulously maintained inside and out. Gleaming hardwood floors on first floor, freshly painted throughout, new granite counters. Inviting marble Gas fireplace in front to back living room. Formal dining room. 1/2 bath on first floor includes laundry hookup. Walk out to private deck from kitchen / dining room. 3 spacious bedrooms with full bath and walk in closet in Master bedroom. Enjoy entertaining in the family room comes completely wired for surround sound throughout the home. Plenty of room in the garage for storage. Flowers will soon be coming up, low outside maintenance with 4 zone sprinkler system and 2 sheds for extra storage. Showings Begin at OH 3/29 11:30am!!

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