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A consumer guide and workbook - page 41 / 79

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AN OFFER is more than A LEGAL DOCUMENT. IT’S an emotional E V E N T.

Making an offer can be an intense experience. For instance, you may decide that this is the perfect home in which you will live happily ever after. It’s a lovely dream, but it may not come true—at least not in this house. Try not to get ahead of yourself by moving into a house in your mind’s eye

before the deal is completed. Whenever an offer is made, you have to be prepared for it to be rejected.

HERE’S how TO HELP make sure ALL THE DECISIONS YOU MAKE ARE good ONES.

Once you’ve found a home that meets both your needs and your price range, you can present the vendor with an Offer to Purchase or an Agreement of Purchase and Sale.

This offer or agreement is legally binding. It should not be made casually. You may want to have a lawyer (or notary in Quebec) look it over to ensure that your interests are protected.

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STEP 7 • PREPARING AN OFFER34

STEP 7 • PREPARING AN OFFER

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