READY TO MAKE AN OFFER? WATCH THIS!
Before the offer to purchase is created, you must be at least pre-qualified or, better yet, pre-approved by a lender, unless you are paying cash.
A pre-approval letter 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.
Now, let’s break down exactly how the offer-making process works. Here are the steps:
- First, you’ll view a house and decide you want to make an offer.
- Our team will do an analysis of the property to help you decide what a solid offer on the property looks like.
- We will help you write an offer letter and send it to the seller.
- The seller will respond in one of three ways:
The seller accepts the offer. Everyone is happy and as soon as both sides sign the offer letter, you’re officially under contract and on your way to buying a house!
The seller makes a counteroffer. You can either accept this counteroffer, go back with another offer of your own, or walk away.
The seller declines the offer. You could then try to make a more appealing offer, if your budget allows, or move on to find another house.
If you have questions or are ready to begin the home buying process, just complete the form below, and a member of our team will be in touch shortly!
Are you thinking about buying? The video resources below cover many of the common questions that most people have during the home buying journey.View Resource
Edmonton is a great city for families with plenty of safe and family-friendly communities to choose from. This guide helps you find the perfect neighborhood for your family by highlighting the best communities in Edmonton.View Resource
Buying a home in Edmonton can be an exciting, but also a daunting experience. It's important to understand the latest market trends and conditions in order to make an informed decision about your purchase.View Resource
Are you a first-time homebuyer? Did you know that if you haven’t owned a property in the last three years that you are considered a first-time homebuyer?View Resource
The best properties usually don’t stay on the market very long. Below is a list of properties that just became available for sale. This is where many active buyers find their dream home!View Resource
Before the offer to purchase is created, you must be at least pre-qualified or, better yet, pre-approved by a lender, unless you are paying cash.View Resource
The real estate market is constantly changing. If you are thinking about selling your home then now is a really good time. Property values have increased over the past few years and pent-up demand is pushing the price even higher!View Resource
Thinking about buying a new home? If you're not paying cash, then you’’ probably need a mortgage.View Resource
Relocating to Edmonton The city offers a warm, friendly welcome for newcomers, and boasts one of the lowest costs of living in Canada.View Resource
We have a variety of off-market homes to choose from, including historic and modern styles, there is something for everyone. These are homes you won't find on MLS.View Resource
Once your offer is accepted by the seller it starts the offer accepted period. You will be asked for a down payment, typically 1% of the purchase price, on the home you are purchasing which will be held with an attorney or settlement company and applied to the final purchase of your property.View Resource
Complete the form below and we'll create you a custom property search. Anytime when we find properties that match your specific criteria we’ll send you an email.View Resource
Safety is a top priority for many families and Edmonton has many neighborhoods with low crime rates and a strong sense of community. This guide helps you find the safest communities in Edmonton by highlighting the top neighborhoods in the city.View Resource
Buying a home can be a complex process. However, by understanding the local real estate market and following a few key steps, homeowners can increase their chances of a successful purchase.View Resource
At the Matt Ferguson Group, we understand that buying a home can be a complex and stressful process. That's why we're proud to offer our clients a comprehensive Buyer Concierge Program, designed to make the home buying experience as smooth and effortless as possible. Our team of experts will be with you every step of the way, providing personalized service, expert advice, and all the resources you need to make informed decisions. From searching for properties, to negotiating deals and closing the sale, we'll be there to guide you and ensure that you find the perfect home at the right price. With our Buyer Concierge Program, you can rest assured that you're in good hands and that your dream home is just a phone call away.View Resource
You've found your dream home, the seller has accepted your offer, your loan has been approved and you're eager to move into your new home.View Resource