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When a buyer wants to make an offer on your property, they will generally deliver a Residential Offer to Purchase. The offer is the contract for the transaction and all the terms and conditions of the contract are listed in the offer. It is imperative that sellers have an attorney review the offer to discuss how the terms of the offer may impact the seller's bottom line. The standard offer should often be modified to adequately protect the seller's interests in the transaction. An attorney should also assist the seller in drafting any necessary counter-offers. To adequately protect your transaction, we urge you to speak with an attorney prior to accepting any offer to purchase your property.
To review the standard, unedited version of Wisconsin's WB-11, Residential Offer to Purchase, visit WhoseHome.com.
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