Lisa Hopkyns - Sales Representative
24hr pager:  613 692 2555    
Stonebridge Properties for Sale
Direct line:  613 227 1773    
Toll Free:  1 800 387 2526    
Stonebridge Properties for Sale    
Stonebridge Properties for Sale
5510 Manotick Main St
PO Box 803
Ottawa Ontario K4M 1A7
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The elements of an offer

Here's a quick reference to everything you need to know about accepting on offer on your home.
  1. Price
    Depends on the market and the buyers, but generally, the price offered is different from the asking price.
  2. Deposit
    Shows the buyer's good faith and will be applied against the purchase price of the home when the sale closes.
  3. Terms
    Includes the total price the buyer is offering as well as the financing details. The buyer may be arranging his/her own financing or may ask to assume your existing mortgage if you have an attractive rate.
  4. Conditions
    These might include "subject to home inspection," "subject to the buyer obtaining financing," or "subject to the sale of the purchaser's property."
  5. Inclusions and exclusions
    These may include appliances and certain fixtures or decorative items, such as window coverings or light fixtures.
  6. Closing or possession date
    Generally, the day the title of the property is transferred to the buyer and funds are received by the seller, unless otherwise specified (except in Manitoba and Quebec).
Copyright © 2010, Lisa Hopkyns