1. Making an Offer
So, you’ve finally made it!
After taking the time to get pre-approved for a mortgage, putting together a checklist of ‘Needs’ vs. ‘Wants’, working with a real estate practitioner, and looking at homes you’ve finally found the one you want. It’s time to make an offer.
Making an offer is the first step towards actually buying a new home, but there are several stages that will take place. You’ve already learned about many of these in Module 3 (home inspections, negotiating, signing paperwork, etc.), so they should be familiar. If not, take a minute to refresh yourself by clicking here
When it comes to submitting an offer, the real estate practitioner you are working with should guide you through the process. In most cases they will talk with you, and then take care of the formal work themselves. If there are any counter-offers or negotiations, they will also contact you to find out what you want to do next. This is another reason why it’s important to find someone whom you trust.