Receiving an Offer

The first and most important advice we can give you when you receive an offer is that it is essential that you allow yourself time to have the offer reviewed by us before you sign it. Barriston does not charge a fee for reviewing the offer if you retain our firm to act on your behalf for the sale transaction.

When we review the offer, we will make sure that you understand all of the clauses in the offer and we will consider and address such items as:

• Whether you can prepay your mortgage;
• Whether there are any title problems that should be revealed in the offer;
• Whether your survey is sufficient or whether you need to bear the cost of a new survey

When you receive an offer to purchase you have three options: (1) Accept the offer "as is"; (2) Change the offer to include terms that are more acceptable to you and send the offer back to the purchasers to see if they will accept your amendments; or (3) Reject the offer if you feel that you and the purchaser will not reach an agreement acceptable to the both of you.