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The Major Elements of an Offer Print E-mail

Many different factors affect and determine price.  Depending on the local market conditions, your opinion of value and market information emerging from the CMA (Comparative Market Analysis) that Jacques Meloche will provide you with, the price you are ready to offer may be different from the Seller's asking price and expectations.

Jacques can also suggest a strategy to help you in reaching you terms in a positive and attractive way for the Seller.

The deposit shows your good faith and will be applied against the purchase of the home when the sale closes.  The deposit is usually  more or less 1% of the amount offered.

Includes the total price offered and the financing details.  You may arrange your own financing or ask to assume the Seller's mortgage, especially if it has an attractive interest rate in a up going mortgage rate trend.

These might include "subject to home inspection", "subject to you obtaining financing", or "subject to you selling your property" or any other situation like "the right to revisit before closing", etc.   Jacques will suggest elements that will protect your interest and apply to your personal circumstances.

Inclusions and Exclusions
These might include appliances and certain fixtures or decorative items, such as window coverings, shelving, etc.

Closing or Possession Date
It is the day the title of the property is legally transferred and the transfer of funds finalized through your Lawyer and the Seller's Lawyer.