If you're bid for a house comes in second, be sure to make a backup offer. This puts you next in line if the first offer falls through. Be sure to keep in touch with the seller's agent, or have your broker touch base.
Your real estate agent will assist you in making an offer, which will include the following information: Complete legal description of the property; Amount of earnest money; Down payment and financing details; Proposed move-in date; Price you are offering; Proposed closing date; Length of time the offer is valid; Details of the deal. Remember that a sale commitment depends on negotiating a satisfactory contract with the seller, not just making an offer.