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Real Estate Contracts >The Purchase Contract
An important part of being an informed buyer or seller in a real estate transaction is understanding the purchase contract. Before you sit down with an agent to make a written offer to purchase a home or receive an offer on your home, you should take a look at the real estate forms used in your area.
In some areas the real estate agents use standard contracts which have been approved by the local Board of Realtors. In other parts of the country, agreements that contain a significant number of clauses are drawn up by real estate attorneys. You should get a copy of the paperwork you will be signing so that you can read it at your leisure and absorb the information.
Don't hesitate to ask questions about anything that you don't understand; and if any of the standard clauses do not fit your particular situation, you can discuss the wording that you would like to have changed. The key is to familiarize yourself with the paperwork before you have found your new dream house or buyers for your home.
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What is the most common name for a city in the United States?
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Fairview is the most common city name, according to the 1996 Top Ten of Everything Book. |
 See More Real Estate Trivia > |
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Peter Pena
Bay Water Realty
860-B SE 46 Lane
Cape Coral, FL 33904
Toll Free: 800-875-6182
Cell: 239-440-9550
Fax: 239-651-0083
peterrealtor@NUMBER1EXPERT.com
17 years experience Real Estate Advantage Training, Member Realtor Association Greater Fort Myers & The Beach, Member Florida Association of Realtors, Member National Association of Realtors, Member WCR Fort Myers Member regional mulitple listing service (MLS) and Professional Mortgages Broker. Full Time Realtor Servicing All Lee County and Miami Dade County.
My Specialities waterfront / luxury Homes, Cape Coral-Fort Myers-Sanibel and Miami. Languages Spoken English, Italian, Portuguese and Spanish
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