Price Depends on the market and the buyer, but generally the price offered is different from the asking price
Deposit The deposit shows the buyer's good faith and will be applied against the purchase price of the home when the sale closes. I will advise you on the suitability of the amount of the deposit being offered.
Terms Includes the total price the buyer is offering as well as the financing details. The buyer may be arranging their own financing or may ask to assume your existing mortgage if you have an attractive rate.
Conditions These might include "subject to financing, subject to home inspection, subject to the sale of the purchaser's property, etc."
Inclusions and Exclusions These might include appliances and certain fixtures or decorative items, such as window coverings and mirrors.
Closing or Possession Date Generally, the day the title of the property is legally transferred and the transaction of funds finalized unless otherwise stated (except in Manitoba and Quebec)
All information is deemed reliable but is not guaranteed accurate by LSTAR. (ie. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the London and St. Thomas Association of REALTORS®. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied.)
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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Each office Independently owned and operated
Royal LePage Triland Realty, Real Estate Brokerage 334 Wellington Road S London ON N6C-4P6 (519) 672-9880