Offers and Subjects

Writing offers for purchase and understanding the conditions, or subject clauses, that must be met for the sale or purchase of a property to proceed forward can be a daunting task.

At the Jane Field & Louisa Cochrane we can provide expert advice regarding your real estate transaction through every step of the process. Some of the articles contained in this section will help to start guiding you through your sale or purchase.

Contact Jane Field today if you have any further questions or concerns.
We would be pleased to assist you!

Offer To Purchase 2005-03-27 2005/03/27 Originally published in the Vernon Morning Star.You have searched the marketplace and have found a house you would like to buy. It is time to make your offer, but, there is a lot more to this process than meets the eye. Your first task is to become... [Read More]
Back Up Offers 2007-05-15 2007/05/15 Originally published in the Vernon Morning Star.Back up offers are offers that are accepted by a Seller, after they have already accepted an earlier offer. The back up offer is accepted "Subject to the Seller ceasing to be obligated in any way under... [Read More]
Multiple Offer Situations 2006-03-28 Normal 0 MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in... [Read More]
Back Up Offers Buyers and Sellers 2008-08-18 2007/05/15 Originally published in the Vernon Morning Star.Backup offers occur when two or more Buyers want the same property. Obviously, the Seller cannot sell the property to both Buyers. So the Seller accepts the offer that pleases them most, and accepts... [Read More]
Purpose of Deposits 2007-07-18 2007/08/07 Originally published in the Vernon Morning Star.It is customary to tender a deposit when making an offer to buy real estate. Usually within 24 hours of acceptance of the offer, all or part of the deposit is collected from the buyer and placed in... [Read More]
Real Estate Purchase Options 2006-08-16 2006/08/16 Originally published in the Vernon Morning Star.In my last column I outlined the procedures most would follow if one were to buy without having sold first. One way is to make an offer subject to your home selling. The other was to finance the purchase... [Read More]
Removing Subject Conditions 2005-04-10 2005/04/10 Originally published in the Vernon Morning Star.You have been successful in locating the right home and removing all of your subject conditions (i.e. financing, home inspections, appraisals, etc.) Now what comes next?Firstly, your Realtor will prepare... [Read More]
Subject To Sale 2008-08-18 2008/08/18 Originally published in the Vernon Morning Star.Most homeowners don't have the financial capacity to buy a new place before they sell their present home. Buyers who have not yet sold their current homes often make offers on homes subject to or conditional... [Read More]
What the Dates Mean 2005-09-11 2005/09/11 Originally published in the Vernon Morning Star.When a real estate purchase is made there are an assortment of dates all parties to the contract must comply with.The first important date is the Open for Acceptance Date. This is the time allotted... [Read More]