During the period of time you have your home for sale you will eventually receive an offer to purchase your home. At this time you have the opportunity to reject the offer, accept the offer, or make a counter offer. For more detailed information on the buying process or for any specific questions please feel free to contact Guy Walker at guy@guywalker.ca or by telephone at (613) 724-8110.
Some common conditions within an offer are:
• Price terms
• Move-in dates
• Contingencies
• Deposits
Some common contingencies are:
• Buyer’s financial qualifications
• Property appraisal
• Required repairs
• Home inspections
• Sale of another property
• First Refusal
Once the offer is accepted there a few details that may need to be
completed. The prospective buyer’s mortgage company may require
a home inspection and appraisal before financing the buyer. The title
company will also verify that there are no liens or other encumbrances
against the property.
