Get Duproprio Catalogue 2022-2024

Your offer must include: your legal name, the name of the seller and the address of the property. the amount you're offering to pay (the purchase price) and the amount of your deposit. any extra items you want included in the purchase (for example, window coverings) the date you want to take possession (“closing day”)

You're under no obligation to agree to an offer on the home you're selling, even if it meets your asking price. If you turn down a full-price offer, you may still have to pay your agent, depending on the contract. If you turn down offers, agents might become reluctant to bring prospective buyers to your home.

In Greater Vancouver the deposit is usually 5% of the purchase price. If the seller counters your initial price, they do not typically also counter your deposit amount. Thus, the deposit usually remains the 5% of your initial offer price. However, there is no fixed deposit amount required by law.

Brokerages are required to keep copies of all offers (including counter-offers) and Buyers are able to verify the existence of additional offers through RECO. While Buyers will never be able to find out the details of the other offers, they will at least be able to verify their existence.

Home sellers aren't obligated to accept any offer on their home—no matter how much money it's for. 1 There may be other offers on the table or, in some cases, they may want to hold out for more money. In those cases, a seller may reject an offer, even if it's at the asking price—or even above it.

In the Promise to purchase, the seller undertakes to deliver the immovable in the condition in which it was when you visited it. It is important to agree clearly on the inclusions and exclusions, which are often the subject of disputes.

When a home purchase starts to go sideways, it is always a good idea to bring a litigation lawyer on board as early as possible, writes Bob Aaron.

Negotiating the price of a house in Canada can be intimidating, but if you take the right steps, you can save thousands of dollars in the long run. It's important to research recent sales prices for similar properties, understand the local housing market, find a good real estate agent and be willing to compromise.

Your offer must include: your legal name, the name of the seller and the address of the property. the amount you're offering to pay (the purchase price) and the amount of your deposit. any extra items you want included in the purchase (for example, window coverings) the date you want to take possession (“closing day”)

You're under no obligation to agree to an offer on the home you're selling, even if it meets your asking price. If you turn down a full-price offer, you may still have to pay your agent, depending on the contract. If you turn down offers, agents might become reluctant to bring prospective buyers to your home.

In Greater Vancouver the deposit is usually 5% of the purchase price. If the seller counters your initial price, they do not typically also counter your deposit amount. Thus, the deposit usually remains the 5% of your initial offer price. However, there is no fixed deposit amount required by law.

Brokerages are required to keep copies of all offers (including counter-offers) and Buyers are able to verify the existence of additional offers through RECO. While Buyers will never be able to find out the details of the other offers, they will at least be able to verify their existence.

Home sellers aren't obligated to accept any offer on their home—no matter how much money it's for. 1 There may be other offers on the table or, in some cases, they may want to hold out for more money. In those cases, a seller may reject an offer, even if it's at the asking price—or even above it.

In the Promise to purchase, the seller undertakes to deliver the immovable in the condition in which it was when you visited it. It is important to agree clearly on the inclusions and exclusions, which are often the subject of disputes.

When a home purchase starts to go sideways, it is always a good idea to bring a litigation lawyer on board as early as possible, writes Bob Aaron.

Negotiating the price of a house in Canada can be intimidating, but if you take the right steps, you can save thousands of dollars in the long run. It's important to research recent sales prices for similar properties, understand the local housing market, find a good real estate agent and be willing to compromise.