Chris Zaharko
I wanted to write and thank you for your support this year. Moving from Poland to Canada as and into one of the hotter property markets could have been a stressful adventure for an Englishman. You explained patiently how things work in Calgary and the support we received from half way across the world was just excellent. I thought you were going to sell us a house but in fact you helped us buy just the one that we wanted. Your objective insights helped us find our way. Amazing to say all of that was achieved in just a few days . Thanks so much, we are well settled now and having a happy time. J Pluck

The major elements of an offer 1. Price

Depends on the market and the buyers, but generally, the price offered is different from the asking price.

2. Deposit

The deposit shows the buyer's good faith and will be applied against the purchase price of the home when the sale closes. Your Royal LePage Real Estate Professional can advise you on the suitability of the amount of the deposit being offered.

3. Terms

Includes the total price the buyer is offering as well as the financing details. The buyer may be arranging his/her own financing or may ask to assume your existing mortgage if you have an attractive rate.

4. Conditions

These might include "subject to home inspection", "subject to the buyer obtaining financing", or "subject to the sale of the purchaser's property."

5. Inclusions and Exclusions

These might include appliances and certain fixtures or decorative items, such as window coverings or mirrors.

6. Closing or Possession Date

Generally, the day the title of the property is transferred to the buyer and funds are received by the seller, unless otherwise specified (except in Manitoba and Quebec).

Note: IN B.C. the Possession Date is usually 1 to 3 days after the closing.