Entertaining OffersSo you have received an offer. Congratulations, but calm down. Do not get too excited. Read it over a couple of times. Go ahead, look at the offer price first, then go look at the contingencies.
Every offer should come with a Deposit $500 - $1000 and a Pre-approval letter from an accredited financial institution. Do not accept a Pre-qualification letter. They are not worth the paper they are printed on.
The home inspection should be scheduled within 7 days from the day the offer is accepted.
The Purchase and Sales agreement should be executed within 21 days to 45 days if you are ready to move. (ignore this if you do not use an offer and go straight the the P&S.)
The buyer should have a Commitment letter from their lender three or so weeks before the closing date.
VIEW LISTING AGREEMENT PACKAGE
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