Real estate blog entries tagged with real estate contract by Brian Block -- Northern Virginia & D.C. Real Estate (RE/MAX Allegiance, Managing Broker/Branch Vice President)

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Home : Blogs : Brian Block -- Northern Virginia & D.C. Real Estate : Northern Virginia & D.C. Real Estate Blog : Tag "real estate contract"

real estate contract: Read That to Which You Agreed! - 09/14/10 01:29 PM

The #1 Rule of Real Estate is Location, Location, Location.
A Close Second is: READ THE (insert favorite expletive) CONTRACT!

The real estate contract is the beginning and end, the authority, and the document with the most importance in any real estate transaction. You've heard it said that "an oral contract is worth the paper that it's printed on!"
In Virginia, there's a clause in our Regional Sales Contract that states that "All contracts for the sale of real property must be in writing to be enforecable. Upon ratification and Delivery, this Contract becomes a legally binding agreement. Any changes … (8 comments)

real estate contract: See it Before You Sign It -- The Sales Contract - 04/02/08 09:09 PM

Remember walking up to the counter to rent a car while you are on vacation?

You know that before they hand you the keys and walk you out to the lot to inspect the car you'll be driving around in for the weekend, the clerk behind the desk presents you with a multiple page small print contract.

    "Please initial here, here, and here. Sign and date on the bottom
      right hand corner on Page 3. We need 5 initials on this page and
      make sure you put a check mark in this box. By the … (29 comments)

real estate contract: Mighty Paragaph 7 of the Sales Contract - 10/03/07 10:09 PM

Virginia is a caveat emptor state.

That's Latin for "buyer beware." For one reason or another, lawyers, Realtors, and the Catholic Church manage to keep the almost dead language on permanent life support.
Thus, when purchasing a home in Northern Virginia, it is very important to understand that there are certain disclosures and disclaimers that are made by the seller. It is crucial to be aware of certain protections that are offered by the Regional Sales Contract.
The mightiest of these protections is Paragraph 7 of the Regional Sales Contract. Paragraph 7 is so important that I read it verbatim at our initial … (28 comments)

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Brian Block -- Northern Virginia & D.C. Real Estate

McLean, VA

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RE/MAX Allegiance, Managing Broker/Branch Vice President

Address: 6226 Old Dominion Drive, McLean, VA, 22101

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