Art & Debbie DeBrito
  • Art & Debbie DeBrito

  • Broker Associates

  • Service Is Our Only Business!

  • Contact Info - Tel: 719.339.9671 / Fax: 888-469-7691 / / email me

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11 Steps in the Home Selling Process:
 
5. Receive an Offer on the Home You Are Selling

When a potential buyer decides to buy your home, an offer will be presented. We will advise you as to whether or not the prospective buyer is qualified to purchase your home. After all, there is no reason to review an offer if the person(s) making it will not be able to actually buy your home.


Then together, we will then review the written document, taking care to note what is required of both parties to execute the transaction. The contract should protect the best interests of all parties involved and should be comprehensive in nature. Your best interest is our goal. 


Once you accept the contract, it may be too late to make any changes. The State of Colorado require all real estate agents to utilize the same state approved form. The only things that can be altered are check boxes and fill-ins. Click here to see a copy of the Contract to Buy Sell Real Estate.

The contract, though not limited to this list, includes the following:
  • A legal description of the property
  • The offering price
  • The down payment
  • A list of fees and who will pay them
  • Amount of the deposit
  • Inspection rights and possible repair allowances
  • The method of conveying the title and who will handle the closing
  • A list of appliances and furnishings which will stay with the home
  • The settlement date
  • Any relevant contingencies


Remember that the legalities of this phase are very important. If you have any questions or concerns, be certain to address them with your real estate agent and / or attorney right away.



Have Questions? Contact Us!