The Formal Offer
Offers must be in writing, signed and dated by all buyers, and include the following:
Negotiating An Offer
The seller has the following options when considering offers:
If the seller rejects the offer, they may modify one or more terms and submit a counter offer. However, they are under no obligation to do so. Once all terms are agreed to by both parties the home inspection process begins, after which the parties proceed to execute the purchase contract (typically within 5-10 days), and begin the closing steps.