The written offer you submit to a seller becomes a binding sales contract if the owner accepts it. We’ll ensure your offer is complete.

Address or legal description of the property

Price you are offering to pay for the property

Terms such as all cash or subject to your obtaining a mortgage for a given amount

Target closing date when title is transferred

Earnest money accompanying the offer and balance required, as well as the form it is in – check, cash, promissory note – and how it should be returned if the offer is rejected

Method for prorating real estate taxes, rents, water bills and utilities between buyer and seller

Payment provisions stating which party is responsible for the title insurance, survey, termite inspection and similar expenses

Type of deed to be given

Other requirements specific to your sale, which might include a chance for attorney review of the contract, disclosure of specific environmental hazards of other state-specific clauses

A provision that the buyer may make a last minute walk-through inspection of the property just before closing

A time limit after which the offer will expire

Contingencies that state the sale will only go through if certain conditions are met. Common contingencies include the buyer obtaining specific financing from a lending institution, attorney approval of the contract or a satisfactory report by a home inspector