Direct: 416-471-7919    -     Office: 416-489-3434    -    Fax: 416-489-5445

Elements of an Offer Explained

Elements of an Offer Explained

There are six key components to the elements of an offer. They are:

Price

Depending on the local market conditions and information provided by me, your Real Estate Professional, the price you offer may be different from the seller's price.

Deposit

Your deposit shows good faith and will be applied against the purchase of the home when the sale closes. As your Real Estate Professional I can advise you on an appropriate amount.

Terms

Includes the total price offered and the financing details. You arrange your own financing or ask to assume the seller's mortgage, especially if it has an attractive interest rate.

Conditions

These might include "subject to home inspection", "subject to you obtaining financing", or "subject to you selling your property".

Inclusions and Exclusions

These might include appliances and certain fixtures or decorative items, such as window coverings or mirrors. These items would remain in the house.

Closing or Possession Date

Generally, the day the title of the property is legally transferred and the transaction of funds finalized.

RE/MAX Hallmark Realty Ltd., Brokerage
Independently Owned & Operated.

9 OFFICES TO SERVE YOU BETTER!

 

Yonge Street Office

3434 Yonge Street

Toronto, Ontario, M4N 2M9

Tel: 416-489-3434  •  
Fax: 416-489-5445

College Street Office

968 College Street

Toronto, Ontario, M6H 1A5

Tel: 416-531-9680 •  
Fax: 416-531-0154

Riverdale Office

724 Pape Avenue

Toronto, Ontario, M4K 3S7

Tel: 416-462-1888  •  
Fax: 416-462-3135

Central Office

723 Mount Pleasant Road

Toronto, Ontario, M4S 2N4

Tel: 416-486-5588  •  
Fax: 416-486-0000

Beach Office

2237 Queen Street East

Toronto, Ontario, M4E 1G1

Tel: 416-699-9292  •  
Fax: 416-699-8576

Dorset Office

1066 Main Street, P. O Box 337

Dorset, Ontario, P0A 1E0

Tel: 705-766-2400  •  

Fax: 705-766-2800

Fairview Office

245 Fairview Mall Drive, Suite 108

Toronto, Ontario, M2J 4T1

Tel: 416-494-7653  •  

Fax: 416-494-0016

Richmond Hill Office

8 Weldrick Road West

Richmond Hill, Ontario, L4C 3T8

Tel: 905-883-4922  •  
Fax: 905-883-1521

Muskoka Office

113 Medora Street, Box 457

Port Carling, Ontario, P0B 1J0

Tel: 705-765-6801  •  
Fax: 705-765-6253

 

 

Powered by Lone Wolf Real Estate Technologies (CMS6)