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10th March
2008
written by Bob Schenkenberger

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Once we have researched the property, we will then prepare an offer on a Colorado Real Estate Commission approved contract.  This offer is then delivered to the agent of the seller, who will present the offer to the seller.  After the seller reviews your offer, they will then do one of three things. 

           1.      Accept the offer.  If this happens you will be under contract to purchase this home.

           2.      Reject the offer.  If this happens, we will then need to find another property or prepare another offer.

           3.      Counter the offer.  If this happens, the seller will prepare a document that states the things they would like changed to go ahead with your purchase.  You then have the decision whether to proceed or negotiate further.  We will help you negotiate for the best possible price, terms etc. 

Once you enter into a contract to purchase, you then begin the due diligence of title insurance, appraisals, inspections, finalize financing, etc. 

An important note:  To give an offer to purchase your home, we will need to include, with the offer, a check for earnest money.  This check will only be cashed upon acceptance of the contract and will be held in a trust account on behalf of both you and the sellers.

1 Comment

  1. [...] Rain City Guide | A Seattle Real Estate Blog… wrote an interesting post today onHere’s a quick excerpt Once we have researched the property, we will then prepare an offer on a Colorado Real Estate Commission approved contract.  This offer is then delivered to the agent of the seller, who will present the offer to the seller.  After the seller reviews your offer, they will then do one of three things.             1.      Accept the offer.  If this happens you will be under contract to purchase this home.            2.      Reject the offer.  If this happens, we will then need to find another pr [...]

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