Question
PROJECT: Make an offer to purchase a residential property. You are to research a house for sale in your county (using realtor.com or any other
PROJECT: Make an offer to purchase a residential property.
You are to research a house for sale in your county (using realtor.com or any other website) and prepare an offer to purchase the home. Specific clauses in the offer should include a mortgage contingency, responsibility for inspections, title insurance, personal property included in the sale (Make the offer include some personal property, including a 4 person hot tub and a framed painting in the living room.), fixtures, commissions (6% to be split between buyer and seller's realtor), time to respond (give seller 3 days to respond), etc. Be sure to include specific provisions to protect the buyer (inspections, title search, time to obtain financing, warranty deed) and identify which provisions of the offer provide protection to each party
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