Once you have the right property and financing in place, the next step is to make a purchase offer to the seller.
- The seller will have three choices: accept your offer as it is presented; reject it completely; or propose adjustments to your offer (counter offer).
- If there is a counter offer, you can choose whether to accept it, reject it or counter it.
Once you have reached agreement with the seller, you have made a legal commitment to purchase the home and are bound to complete the purchase as outlined on the sales contract.