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Once you have decided which property you want to buy and this property is sold by an estate agent, the agent will ask you to make an irrevocable offer to buy. This is a unilateral legal transaction in so far as the offer to buy is binding only for you as buyer and – should the vendor accept your offer – obliges you to the purchase. Please take into consideration that an offer to buy must already contain all essential items of the future sales contract, as well as a deadline for its acceptance on the part of the vendor. This deadline normally expires after a period of 2 weeks.
Along with your offer to buy oftentimes a small deposit of 5.000 – 10.000 euro is due. With this you underline the seriousness of your buying interest. To get more information continue.