Guide to SELLING Your Home       " The Major Elements of an Offer "

1. Price: Depends on the market and the buyer, but generally, the price offered is different from the asking price.

2. Deposit: The deposit shows the buyer's good faith and will be applied against the purchase price of the home when the sale closes. Heather can advise you on the suitability of the amount of the deposit being offered.

3. Terms: Includes the total price the buyer is offering as well as the financing details. The buyer may be arranging his/her own financing or may ask to assume your existing mortgage if you have an attractive rate.

4. Conditions: These might include "subject to home inspection", "subject to the sale of the purchaser's property.

5. Inclusions and Exclusions: These might include appliances and certain fixtures or decorative items, such as window coverings or mirrors.

6. Closing or Possession Date:

Generally, the day the title of the property is transferred to the buyer and funds are received by the seller, unless otherwise specified (except in Manitoba and Quebec).

NOTE: In B.C. the possession Date is usually 1 to 3 days after the closing.

Back to: Guide to SELLING Your Home

Heather can send you information on any Property Listed For Sale on the Multiple Listing Service in the Ottawa area. If you would like her to help you locate a home,
please fill out her Real Estate Information Request Form.

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Or perhaps you are considering selling your home in the near future, Heather can also offer you a Free No-Obligation Market Evaluation.

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