STEP #7 Submit Purchase Contract on a Home

Once you’ve found a home that meets your must have criteria checklist, the next step is making a compelling offer. Keep your emotions tight and don’t fall in love with the house, you may not get it. Now you must be wondering how much you should offer. When you work with Chanu Badwal she will guide you through the purchase contract process. This is how she will help you make an strong offer.

• I will research similar properties in the neighborhood to help you determine the market value, and fair price, for your home.
• We come up with a valid Purchase price and Earnest Money amount.
• We will write an purchase contract with important Contingencies and closing date.
• You write a check for the Ernest money.
• I’ll present the offer to the Listing Agent.
• We wait for the response from seller.

What Happens After You Make an Offer to Purchase?

Once the offer is received by the seller. Seller has three possible options.

1. Accept the offer as written.
2. Make a “counter offer” on unacceptable terms.
3. Reject the offer, if it is totally unacceptable to the seller.