You've Found your Ideal Property. Now Make an Offer to Buy.

When you've found the property you wish to buy, and are ready to make an offer, it's always advisable to make your offer conditional on a satisfactory inspection report. That way you should be protected against any unpleasant surprises in respect of structural damage, or plumbing and electrical problems, for example, after you have taken possession.

You tell the seller how much you are willing to pay, and it is up to them to agree your offer or make a counter offer on price within 24 to 48 hours. You will also need to make a payment to the seller  - an earnest payment - to demonstrate your good faith in wishing to buy. This is normally arranged through your agent.

You can indicate when you would like to move in, and how you intend to fund the purchase. If you have a mortgage loan pre-approval document, this will reassure the seller of your sincerity and ability to buy.

Unless you are making a cash purchase and have no need of mortgage finance, making a offer when buying a house should always be based on a sound budget, and not made for purely emotional reasons. Mortgage finance is a long term commitment.