Category - Making an Offer
Once you find your dream home and are ready to make an offer your agent will send you a digital packet (form RPA-CA) with about 15 pages or more to sign. The agent will handle filling the document out, your job is to review and sign it. The good news is you can usually e-sign these things now.
Within your offer you will list a series of contingencies that you will have 17 or 21 days to remove from the start of the process. Usually you have 21 days to release the contingency for securing the loan and 17 days for everything else. Your agent will list the usual contingencies in your offer packet these usually include things like an appraisal, an inspection and even ability for you to sell a current house if that applies.
One your first offer is sent, there will most likely be a counter offer from the seller. Now you will deal with 1-2 pages back and forth between you and the seller to complete counter offers until you both come to an agreement and are happy with the price, what items convey with the property, and who is responsible for what. Your agent and the seller's agent will most likely also list who they want to work with as far as title and escrow companies.