Create the Offer to Purchase from Sherry Ottewell

	Sherry Ottewell

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Before the offer to purchase is created, it is very important that you have been at least pre-qualified or better yet pre-approved by a lender. This is one of the best negotiating tools a buyer can have. It shows the seller that you are financially able to purchase the home. After you have found the right home, it is time to prepare the offer. In Texas, the offer to purchase is an eight page Earnest Money Agreement. It covers all facets of the purchase process, such as:

Purchase Price
Amount of Earnest Money
Contingencies (financing, inspection, etc.)
Personal Items You Wish the Seller to Include (refrigerator, washer/dryer, etc.)
Closing Date
Time Limit After Which the Offer will Expire
Responsibilities of Both Buyer and Seller

Once you make the offer, we present it to the Seller and their Agent. The Seller may accept it, prepare a counter offer, or reject the offer all together. Once the offer is accepted, it is a legally binding contract.

Next Step...Negotiate with the Seller

Sherry Ottewell, GRI, CHMS
Phone: 281-844-7795
Fax: 281-870-9995
Cell: 281-844-7795
Email Sherry Ottewell