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Buying:
Financing, Find a Home, Home Tracker Wizard, Create the Offer to Purchase,
Negotiate with the Seller, Appraisal, Settlement

Create the Offer to Purchase

Before you create the offer to purchase, it is very important that you have been pre-qualified or pre-approved by a lender. This is 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 New York, the offer to purchase is a five 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

    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.

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    Ayres Realty, Inc. info@ayresrealestate.com
    Toll Free: 1-866-ADK-HOME, 1-866-235-4663
    Office: (518) 891-2713, Fax: (518) 891-0652
    57 Main Street, PO Box 1300
    Saranac Lake, NY 12983