- The Buying Process -

Value is one of the most important aspects of your experience We will provide a market analysis on the home you select. That way, you will know before the offer is written what the market value is (regardless of asking price.) When writing an offer to purchase a property, we’ll use a standard contract called the Real Estate Purchase Contract or REPC. You will generally need to include a personal check, cashier's check or cash to be used as an earnest money deposit. This represents your sincerity in the attempt to purchase and is totally refundable IF the offer is not accepted. An earnest money deposit of at least $1,000 is usually required. As a general rule, 1% of the total purchase price is common. This money is generally kept in the trust account of the real estate brokerage and is not turned over to the Seller. It is transferred to the title company at closing as a CREDIT to your purchase.

The remainder of the offer outlines deadlines, dates, contingencies, possession, settlement, closing, specific items that will be included in the purchase, warranties, etc.

You'll appreciate the benefit of an experienced professional guiding you through the intricacies of the offer.