Making an Offer Resource Center

There are three prerequisites for purchasing a home: The sales contract must be in writing. There must be both a proposal and a response. Usually, "consideration" involves an exchange of money for a property. To formalize an offer, you must make an...

The term "contingent" refers to a condition that must be satisfied before another event may occur. What does contingent mean in the real estate industry? It might be one or more of the following: Your existing home must sell before you can close on...

What characterizes a real estate contract? Each legitimate real estate transaction must satisfy four conditions: A fair agreement to purchase a house must be in writing. Contracts must include both an offer and an acceptance. The intent of the...

Making an Offer Is More Complex Than It Once Was Bidding wars are prevalent in the current property market and can get intense. How can you ensure that your offer is the one that the seller cannot refuse? These seven techniques will improve your...

Real estate contract, purchase agreement, sale agreement, purchase contract - what do they all mean? These terms are actually referring to the same thing - a legally binding contract between a buyer and seller that outlines the specifics of the...

When supply is low and demand is high, it’s important to arm yourself with an awareness and expectation that the house of your dreams may enter into a bidding war. Competing for a house, with multiple offers pushing the price higher, may seem like...