With Meng Estates, you will receive a comprehensive analysis of the current market you wish to purchase in before we draft your offer to purchase. Drawing on our market experience, we will provide you with invaluable insights into your offer and work hard to get you your ideal home at the ideal price, with your preferred conditions.
We are also highly experienced in multiple offer bids, and will provide you with sound and steady, professional advice during these highly emotional scenarios.
Offers to purchase:
Firm Offer to Purchase
Usually preferable to the seller because it means buyers are prepared to purchase the home without any conditions.
Conditional Offer to Purchase
Usually means there is one or more condition on the purchase, such as “subject to home inspection“, “subject to financing” or “subject to sale of buyer’s existing home“. The home is not sold until all the conditions have been met.
Acceptance of Offer
An Offer to Purchase is presented to a seller who may accept the offer, reject it, or submit a counter-offer. The counter-offer may be in reference to the price, closing date, or any number of variables. Offers can go back and forth until both parties have agreed to terms or either side ends the negotiations.