When you find a home that you like and it meets your budget, sit down with your representative and fill out an offer to purchase form.

Six Major Elements Included In An Offer To Purchase


You should make a "reasonable" offer to get consideration from the seller.


The deposit shows intent or "good faith" and will be applied against the purchase price when the sale closes. Your representative will guide you on the amount that is suitable.


These include the total price that you are willing to pay for the home and how much money will be paid. Other than paying all cash, you may be arranging a new mortgage, assuming an existing mortgage or asking the seller to carry the mortgage.


These might include "subject to financing"; "subject to home inspection"; "subject to some work being complete"; subject to a sale of another home." A condition has to have a definite date as to when the condition has to be satisfied and then has to be removed by the purchaser by signing a condition removal form.


This refers to the chattels in the home that you are asking to be included in the sale price such as drapes blinds, appliances, etc.

Closing Date

The seller might have one date in mind and the purchaser might have another. This is a vital part of the negotiations and may require some compromise from both buyer and seller.

Firm Offer Versus Conditional Offer

A firm offers for a home means that the buyer is not placing any conditions on the purchase. The seller has only to accept the buyer's offer and the home is sold.

A conditional offer means that the buyer has placed conditions on the purchase such as "subject to financing." Until any such conditions have been satisfactorily discharged, the sale is not complete.