Real estate blog entries tagged with contract negotiating by David Fialk (Choice Realty Co.)

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Home : Blogs : David Fialk : All Real Estate Talk : Tag "contract negotiating"

contract negotiating: Contract Offers: Buyers Need To Be Prepared_Part IV - 05/24/09 06:35 AM

Conditions in the Contract Offer
A contract to purchase real estate includes a sale price, a mortgage amount to be obtained and a closing date whether the home being purchased is in Iselin, New Jersey, in Middlesex County or any other state.However, there is more to a contract to purchase than these details, and that includes the content language in the contract document. The form of the real estate contract prepared by a REALTOR® or real estate licensee can be different from one real estate company to another, from county to county and from state to state.While price and terms are … (0 comments)

contract negotiating: Contract Offers: Buyers Need To Be Prepared_Part III - 05/04/09 07:30 AM

Terms of the Contract Offer
Initial Deposit
Be prepared to write a deposit check when making a contract offer to purchase real estate. Commonly referred to as a Binder, more commonly known as the initial deposit, this is the check made out to the Selling Real Estate Office when submitting a contract offer. In simple terms, it is a good faith deposit to express interest in purchasing real estate.
What is the required amount of a binder deposit? There is no law as to a required amount, but local real estate practices may determine what is acceptable. Common sense should prevail … (0 comments)

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David Fialk

Iselin, NJ

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Choice Realty Co.

Address: 1144 Green St., Iselin, NJ, 08830

Office Phone: (732) 283-2100 x 102

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