Real Estate Purchase Offer | Guide & Advice | B2 Real Estate

IMMOBILIERE B2
BRUSSELS
WALLOON BRABANT
FLEMISH BRABANT

THE PURCHASE OFFER

Guide & Advice

The purchase offer is a key step in any real estate project, whether you are buying or selling. However, certain elements deserve special attention to avoid unpleasant surprises. Here's everything you need to know before committing.

1. A Binding Purchase Offer

Once signed, a purchase offer can be legally binding. The buyer agrees to acquire the property under the defined conditions. It is therefore crucial to carefully analyze each point before submitting it.

2. The Offered Price

The amount of the offer must be carefully considered:
• If it is too low, it risks being rejected by the seller.
• If it is too high, it could result in excessive costs.
A good real estate agent will help you assess the property's fair market value.

3. The Validity of the Offer

The purchase offer must specify a specific period during which the seller can accept or decline. This period is generally between 3 and 10 days.

4. Conditions Precedent

A purchase offer may contain conditions precedent, which protect the buyer in the event of unforeseen circumstances:
• Obtaining a mortgage
• A technical appraisal of the property
• The absence of obstructive easements

5. The Seller's Commitment

The seller is not obliged to accept the offer, even if it corresponds to the asking price. They may decide to negotiate or reject the offer without justification.

6. The Impact of Registration Fees

The amount of registration fees varies from region to region in Belgium. It is important to factor this into your total acquisition budget.

7. Support from a Real Estate Expert