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Negotiate an Offer to Purchase

With your research in hand, you can now negotiate with a better understanding of what a reasonable price would be for the property and feel confident when signing your Offer to Purchase.

The terms and conditions of a property transaction must be agreed upon by the Buyer and Seller before the Offer to Purchase is signed.

An Offer to Purchase is an agreement that contains the terms and conditions of the property transaction, and once signed by both the Buyer and the Seller, it constitutes the Deed of Sale.

In this contract you will find terms that both parties have to agree on, such as: date of occupation, occupational rent, fixtures and fittings and other conditions of sale.

You can use the Offer to Purchase as part of your negotiations where everything can be bargained, from selling price to fixtures.

But before any signing should take place, it is advisable to have an Attorney check the contract to help make everything go as smoothly as possible and prevent problems at a later stage.

What’s in an Offer to Purchase?

Do your property research first