http://kb.ulistit.com en-us http://kb.ulistit.com N/A webmaster@ulistit.com Tue, 07 Sep 2010 17:04:16 PDT 20 http://kb.ulistit.com/questions/19/I+just+received+an+offer%2C+now+what%3F When an agent writes an offer from a prospective buyer, he or she will contact you to present it to you either in person or by fax.The offer will typically be prepares on a state approved form. P... Dale Rainey Tue, 05 Dec 2006 18:35:36 PST http://kb.ulistit.com/questions/20/I+have+received+multiple+offers%2C+now+what%3F First of all, Congratulations!!The first thing to do is review each offer side by side and see which seems strongest and most likely to be able to complete the transaction. Purchase price, down paymen... Dale Rainey Tue, 05 Dec 2006 18:35:23 PST http://kb.ulistit.com/questions/21/I+want+to+counter+an+offer%2C+how+do+I+do+that%3F You should have a counter offer form that was supplied with your initial package from Ulistit.com. This form is a one page document and fairly easy to fill out.Section 1 - Terms.This should be where... Dale Rainey Tue, 05 Dec 2006 18:35:13 PST http://kb.ulistit.com/questions/22/What+is+escrow%3F Escrow is simple the process by which title is transferred from you to the buyer. In most states this is performed by an escrow or title company and in some areas attorneys assist. If you are obtainin... Dale Rainey Tue, 05 Dec 2006 18:34:54 PST http://kb.ulistit.com/questions/24/Can+I+back+out+after+I+have+accepted+an+offer%3F Generally NO.The purchase agreement is a binding contract and may be enforceable in court if the buyers chooses. The best bet is to talk the the buyer or buyers agent and express the reasons you do no... Dale Rainey Tue, 05 Dec 2006 18:34:40 PST http://kb.ulistit.com/questions/30/What+about+required+disclosure+forms Each state has a requirement for certain forms to be completed in a real estate transaction. Most of these forms deal with disclosure (notification) of existing conditions that affect the property. Ul... Dale Rainey Tue, 05 Dec 2006 18:34:23 PST http://kb.ulistit.com/questions/31/I+made+a+counter+offer%2C+can+I+retract+it%3F YesOffers and counter offers are just that until accepted by the other party, it then becomes a binding contract between the two parties. If you are not sure of what you want to do with an offer, then... Dale Rainey Tue, 05 Dec 2006 18:34:12 PST