Putting an Offer on a House

What is the process of putting an offer on a home? When you submit an offer there are a number of documents that are filled out, signed and sent to the sellers agent. We'll take you through the process.

Purchase Agreement (Your Offer)

This is a legally binding agreement which, if accepted by both parties, binds the sale and starts the closing process to transfer ownership.

Pre-approval Letter (Proof of Funds)

This shows the seller that a bank has reviewed your finances and, upon initial review, will provide you with a loan to purchase the home. If you are using cash to buy a home you will need to submit proof of funds showing you can do so.

Signed Seller Disclosure Form

This acknowledges that you have received this form filled out by the sellers. This disclosure form is required by state law but can be waived if both the seller and buyer agree to it.

Arbitration Agreement

You have the right to choose whether to have any future disputes about the property that you are buying/selling decided by binding arbitration or by a court of law.

Common Addendums

• Common Interest Community: If you are purchasing a condo or townhome
• Disclosure of Lead Based Paint: If a home was built prior to 1978
• Subsurface Sewage Treatment System and Well Inspection 
• Buyer Purchasing “As Is” and Limitations of Seller Liability
• Sale of Buyers Property Contingency

We're happy to walk you through the process of putting an offer in and buying a home in Minnesota. 

Contact us today.