Understanding the Components of an Offer

A purchase offer contains more than just the proposed sales price.

Purchase Price

The amount the buyer is offering to pay.

Earnest Money Deposit

A deposit showing the buyer's commitment to the transaction.

Financing Terms

Information about how the buyer intends to purchase the property.

Contingencies

Conditions that must be satisfied before closing.

Closing Date

The proposed date ownership will transfer.

Included Property

Items that will remain with the home after closing.

Review every section carefully before making a decision.