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2020 Buyer's Guide Step 4
MAKING AN OFFER
When you have found a home or homes that you want to buy, the offer process begins. In this
market, you can put multiple offers in at once, meaning offering on more than one property at a
time.
Purchase Contract Prepared
With the help of Active Buyers Network, a purchase contract will be prepared for presentation to the
seller. This agreement will include your terms of the purchase including how much you are offering for
the home & any contingencies, such as home inspections or lender appraisal. Earnest money may also
be included. We will have your lender send us your pre-qualification to strengthen the offer. We will
review all this will you beforehand so you understand fully, then we may send it to you via email to have
all parties sign.
Offer is Presented
Upon completion of the purchase contract, we will contact the listing agent & he or she electronically
transfer the offer, or make an appointment to present the offer in person.
Offer is Accepted, Countered, or Rejected
The seller will evaluate the offer within the given time period then decide to either accept, reject, or
prepare a counter offer.
Closing Process Begins
If the seller accepts, the closing process will begin. If the seller counters, the ball is back in our court &
we must decide whether to accept, reject, or counter the counter offer.
Be Readily Available
Throughout this entire process it is crucial to be available. The offer process in specific, typically moves
quickly.
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