When a buyer decides to buy your home, an offer will be presented. Stacy 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.

You and Stacy 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.

Once you accept the contract, it may be too late to make any changes. The contract, though not limited to this list, should include the following:

	A legal description of the property
	The offering price
	The down payment
	Financing arrangements
	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 Stacy right away.