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The home buying process – Step 5 – Write an offer to purchase

The home buying process - 
                                  Step 5 – Write an offer to purchase

 Buyers go through a whole range of emotions when it is time to write an offer to purchase a home.  They are excited, nervous and anxious.  A home is the single largest purchase that most people will make in their lifetime. 
  
It is easiest to meet with your real estate agent at an office when writing an offer.  The contract takes some time to go over and copies will need to be made. 
Writing an offer to purchase is much more than filling in a price.  In Indiana we have state purchase agreement contracts that we use.  The real estate brokerages are required to have an office policy document for buyers to sign.  The seller disclosure and lead paint forms are two other forms that may go with the offer to purchase.
 
The purchase agreement will determine the price, terms and conditions of the home purchase.  Everything is negotiable but it needs to be in writing. 
 
Your real estate agent should pull the solds for the area surrounding the subject home.  The ... more

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