There are six key components to the elements of an offer. They are:

Price

Depending on current market values and other important information, I will help you determine the best price to include in the offer.  The price we offer may differ than the selling price of the home.

Deposit 

Your deposit shows good faith and will be applied against the purchase of the home when the sale closes.  In Brampton, deposits generally range between $5,000 - $10,000 for the purchase of a new residence.

Terms

Includes the total price offered and the financing details. You arrange your own financing or ask to assume the seller's mortgage, especially if it has an attractive interest rate.

Conditions

These might include "subject to home inspection", "subject to you obtaining financing", or "subject to you selling your property".  These conditions are included for the benefit of you, the seller, and if these conditions are not met to your satisfaction, you can withdraw your offer to purchase.

Inclusions and Exclusions

These might include appliances and certain fixtures or decorative items, such as window coverings or mirrors. These items would remain in the house and are yours when you move in.

Closing or Possession Date

Generally, the day the title of the property is legally transferred and the transaction of funds finalized.  This is the day you get the keys to your new home!