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Congratulations! You’ve finally found your dream home.
Here is where things get very serious. Your real estate agent and/or lawyer will help you prepare your offer to purchase. Before you sign an offer, there are a few things you should know.
When your offer to purchase is drawn up, it must include the following:
Your legal name
The name of the seller
The property address
The purchase price you are willing to pay
The amount of your deposit
Any extra items you expect to receive such as appliances or window coverings
The closing date when you will take possession
A request for a current land survey
The date the offer expires
Any other conditions such as a satisfactory home inspection
Your offer to purchase will also add some common conditions, including:
The seller being confirmed as the legal and registered owner of the property
Resolving any issues discovered by your lawyers such as liens or defects
That all complaints and concerns are made by you prior to signing and cannot be brought up once the offer is accepted
A conditional sale based on you selling your current home if you own one or on your arranging financing
The seller must provide a survey of the property
A Status Certificate be provided when purchasing a condo
The offer is void if problems are discovered during a home inspection
We can help answer any questions you might have regarding your mortgage and pre-approval to make the offer to the purchase process more comfortable.
Please fill out the form below and one of our brokers will be in touch shortly.