Putting in an offer on a home can be nerve-wracking, especially if you aren’t exactly sure what happens during the process.
When you are ready to put an offer in on a home, your agent will have a sale and purchase agreement form for you to sign. Always get legal advice before you sign something or put an offer in. Your offer can be under certain conditions, for example, subject to an inspection, a valuation or finance.
The agent will negotiate on your behalf with the seller and there could be many amendments to the original contract. When it’s time to sign the document, be sure to look it over and then have your lawyer review it.
Remember – whatever you sign is a legally-binding contract.
You have rights! Visit the REAA website for a complete walk-through of the process and what your rights are.
There will be three copies of the contract, one for each solicitor and one for you.
One of the most important things you can do is find an agent you trust. They will be negotiating on your behalf and the middleman between you and the seller. Make sure they have your best interests at heart.
If you would like more information on putting an offer in on a home, get in touch with me today!