Page 21 - Real Estate Buyer Book Carolann Clynes

Preparing to make an offer
Here is what we will do for you when you are ready to submit an offer on your new home:

• Provide any information necessary to help you make a decision. This includes past sales of comparable properties, market
statistics and other relevant information.

• Answer questions and make specific recommendations for structuring a contract in your best interest.
• Provide you with copies of all the documents involved in the purchase agreement and financing.

• Arrange to connect you with a loan officer, if you haven’t done so earlier, or discuss the transfer of cash funds required
for closing.

• Provide you with estimated costs of settlement, including points, title
insurance, appraisals, credit reports, for the property you are buying.

Writing a Contract to Purchase
Your offer must be in writing and accompanied by an “earnest money” check or

arrangement for wired funds. The offer will include:

• The amount you are willing to pay

• Earnest money deposit

• Financing or payment terms

• Personal property included

• Contingency dates and deadlines

• Closing and possession dates

• other conditions, including inspections and appraisals

• The offer will be written on a State of New Jersey contract form. if the seller does not accept the initial offer, we’ll continue
until agreeable terms for both the Buyer and Seller are reached. When both agree on the terms, we get documents signed by all
parties and begin the closing process. our Transaction Manager will assist you from that point forward.
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