|
"She showed us how valuable a Realtor can be!"
"Jean helped us tremendously on both ends of the buying experience. She sold our old house and helped with the purchase of a newly constructed house. We were very apprehensive about selling a house we had lived in for so long but Jean made the experience very easy. We sold within a few weeks and were very happy with the price. She also showed us how valuable a realtor can be when buying "new construction". She knew exactly what questions to ask and made that experience enjoyable also. Jean will be the first one we call when we sell again."
Terry and Kathy Blosl, Portage, MI
Tell me how I'm doing!
You have a story to tell about me. You've
worked with me, and I've helped you buy or sell a home. I need your feedback.
Others need your feedback, too! Please take a moment to fill out this form and
tell me how I did...
 |
Real Estate Contracts >Sales Contracts
The purchase or sale of a home is one of the most complicated business transactions most people will be involved in during their lifetime. Whether the print is large or small, there is a lot of it! The purchase agreement covers not only the price of the property, but has many paragraphs governing the terms under which it will be conveyed to the new owners.
When you list your home for sale or when you begin your search for a new home, ask your real estate agent for a copy of the standard sales agreement. Familiarize yourself with the document ahead of time, and make certain you understand the responsibilities of both parties between the initial meeting of the minds and the closing date. You should be aware of all of the deadlines in the purchase agreement. Each contract is different, but there are usually time limits covering the structural contingency, the financing application, the loan commitment, and the closing.
You greatly increase the chances of a smooth transaction by being fully informed about the sales contract.
|
|
| Q |
In which 'Oil Sheikdom' of the Far East do the wealthy still choose to live in primitive houses on stilts?
|
| A |
Brunei's oil wealth results in no income tax, free education and health services, and cheap housing loans for its average citizen. |
 See More Real Estate Trivia > |
|
|
|
- NUMBER1EXPERT™ 
