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How Long Do I Have To Make My Mind Up In Brampton, Ontario, Canada
How Long Do I Have To Make My Mind Up In Brampton, Ontario, CanadaHow long do we have to make up our minds about the offer? or When we will hear anything about the offer? These are questions we often hear on an offer presentation.  While we believe in striking while the iron is hot, and giving the other party an answer as quickly as possible, the Agreement of Purchase and Sale (the offer) itself will answer that question.Line 1 on the Agreement of Purchase and Sale will state date and time restrictions. When a Buyer first submits an offer, they actually decide how long they will wait for the Sellers decision.  The Buyer is only committed to the offer until that time and date they insert on Line 1 as their irrevocable time line. Which means, they are bound to the offer until that time passes or the Seller changes it.    



During an offer, this irrevocable date can change many times by both the Buyer and Seller, as the offer goes back and forth with each parties desires. The irrevocable date also requires that all necessary signatures and initials are on the offer before the time expires.  ... more

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