contract negotiations: Are Your Contracts Reflecting Your Professionalism? - 08/12/11 11:40 AM
 
First impressions are important, not only in how a home looks but how you as a professional present yourself.  It begins with prompt and informative communication with agents.
Then judgment day arrives when an offer is submitted.  This judgment is not rendered on the offer price but to how well the contract is written up and the preparation questions launched to the listing agent prior to the offer being submitted.
Fact gathering information for the offer should include:
Is the property still available and do you have any offers/activity that my client will need to know about when they are … (12 comments)

contract negotiations: Jumping Over the Home Repair Hurdle - 03/18/11 08:42 AM
 
We are about to approach one of the most painful parts of the purchase transaction ... the home inspection and Amendment to the Contract for repairs.
This hurdle is not only one of emotion for the sellers and buyers but is also one of the lawyers' personal favorites for legal battles.
It begins with the property inspection.  Items cited as deficient.  The amendment to do certain repairs is presented to the seller.  Then the fireworks begin!  The seller has just never seen a more outrageous report, how picky can an inspector be, just ridiculous!  We have heard this outcry many … (16 comments)

contract negotiations: Possession at Close or Seller Lease Back? - 04/23/09 07:28 PM
 

An offer comes in and it calls for possession at close.  Your seller currently occupies the property.  What are your options, what are the flaws that can occur?
Risk of giving possession of the property at close, many factors to consider.
Seller loads up a moving truck, has the utilities turned off and the home does not close on time, or just does not close. Closing of the seller's next home may delay and they are left homeless. Risk to the buyer if the seller remains in the property after close and leases back for a short period of … (17 comments)