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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 only land in the world that has not been walked on by human feet?
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A small 200 square-mile section of Antarctica is the only terrain on Earth that not one person has stepped foot on.
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See More Real Estate Trivia > |
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Brett Tanner Keller Williams Lifestyle Realty 4862 E. Baseline Rd #103 Mesa, AZ 85206 602-738-3999 Fax: 602-288-0189 bretttanner@NUMBER1EXPERT.com
As a leader, innovator, investor, and top-selling real estate agent, I blend a unique marketing methodology with a result-driven approach for today’s real estate market. The Brett Tanner Team is comprised over 15 members selling over 300 homes per year. . Currently, the Team has one of the largest portfolios of Short Sale and REO listings in the valley and is ranked 10th in Keller Williams International.
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