Once you have found your dream home, it is time to prepare an offer to purchase. Your buyer’s agent can provide guidance to you on the price you should offer to pay for the property. Have your agent compare prices for similar homes that have sold in the area recently. This will help you to determine a reasonable price to offer.

• The amount of earnest money (deposit) to offer.

• Concessions that you want the seller to make, such as a carpet or paint allowance, or payment towards the closing costs.

• Home inspection contingencies.

• Financing contingencies.

• A clear definition as to what is to be included with the home, such as appliances or window treatments.

• A closing date.

Don’t be surprised if your initial offer is not accepted. Your REALTOR® will represent you in all contract negotiations until an agreement is reached between the seller and you.