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Create the Offer to Purchase

Before the offer to purchase is created, it is very important that you have been at least pre-qualified or better yet pre-approved by a lender. This is one of the best negotiating tool a buyer can have. It shows the seller that you are financially able to purchase the home. After you have found the right home, it is time to prepare the offer. In Texas, the offer to purchase is a six page Earnest Money Agreement. It covers all facets of the purchase process, such as:

  • purchase price
  • amount and type of earnest money
  • contingencies (financing, inspection, etc.)
  • personal items you wish the seller to include (washer/dryer, etc.)
  • closing date
  • time limit after which the offer will expire
  • responsibilities of both buyer and seller

Once you make the offer, we present it to the Seller and their Agent. The Seller may accept it, prepare a counter offer, or reject the offer all together. Once the offer is accepted, it is a legally binding contract.



Related Topics: Financing Strategies | Make Your Wish List | Research the Inventory | Create the Offer to Purchase | Negotiate with the Seller | Home Inspection | Loan Appraisal | Removing Contingencies | Protecting Your Interests | Escrow Process and Final Settlement

Lake Conroe Real Estate and Homes

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Patti Shannon
Contact Me

Patti Shannon
12455 Longmire Lakeview - Suite 100
Conroe, Tx 77304

Phone 936-588-4099
Cell 936-203-1801
Fax 936-441-1968

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