• Ohio Offer Initiation Form

    Ohio Offer Initiation Form

    When it comes to your financial future, we don't leave anything to chance. Our Redfin Offer initiation form helps us to ensure we capture all of the terms of your offer. Please take a few moments to provide the details of the offer you would like to present for the purchase of your new home. Once we receive this form back, we will draft your official offer paper work and send it to you for your final review and signature. If you have any questions about the form, we are standing by to help you.
  • Property details and Terms of your offer

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  • Title Insurance

    Title insurance compensates the insured buyer or lender if title defects, liens, or competing claims of ownership on a property arise after closing. If you have title insurance and you lose your home due to a title dispute, an owner's policy could compensate you for that loss and help cover legal fees related to the dispute.
  • Mortgage Location Survey:

    Mortgage Location Survey: A Mortgage Location Survey is the surveyor's professional opinion as to the relationship between the improvements and the boundary lines. A boundary survey will collect as much evidence (property corners) as required to determine the location of the subject property's corners. They will then be reestablished.

  • In Cleveland, closing and possession are separate events with potentially different dates. Closing refers to signing documents and the lender funding the purchase, while possession occurs after the deed is filed with the county recorder, which may happen after the closing date. We suggest selecting an early-week closing date to facilitate a quicker move-in process.

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  • ADDENDUM: 

    An addendum is a document added to the parties' Purchase and Sale Agreement that includes additional contract terms not included in the agreement. Depending on its language, the addendum can override terms in the Purchase and Sale Agreement.

  • Escalation Clause: 

    An escalation clause is language written into a purchase offer that automatically increases your purchase price by a certain amount above competing offers until the offer reaches the maximum price you are willing to pay for the home.

  • We would like to offer  $    over the highest offer a seller receives, but not to exceed a maximum purchase price amount of  $   .

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