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Congratulations, you have searched
high and low and found a home you would like to live
in and can afford. You head will be full of ideas of
what price to offer, what contingencies you want included
with the offer, what personal property you would like
included in the sale and many, many more.
So what are the next steps you need to make to
try to secure this home? You will need to make an offer.
An offer is a legally binding contract, which must be
in written form. Verbal agreements are not sufficient.
If you are in any doubt as to what is the meaning of
the contract, consult your attorney and seek his legal
counsel. Your agent should be able to help answer many
questions and will generally help you complete the purchasing
contract. Real estate laws differ in different states.
The contract format and what's included will differ
also. Remember to be specific and include everything
in the contract. If you leave something out the seller
is not obliged to include it in the sale. For example,
if you want the window air conditioning units to be
included in the sale, include this in the contract.
If the seller verbally agreed to do this and you move
in and find no air conditioning units in the windows,
you will have no recourse.
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