|
| |
contract offers: 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 offers: 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)
|
contract offers: Contract Offers: Buyers Need To Be Prepared_Part II - 05/03/09 06:57 AM
The Contract Offer: What Price to Start With
When a decision is made to make an offer to purchase a home, be sure to go back and take a second look. It is so much easier changing your mind about a home before a contract offer is made than after a contract offer is accepted and signed by the seller. This second appointment would be a perfect time to bring along others who may have an impact on a buying decision, such as parents, friend, contractor, etc.Go through the home a second time and look beyond the owner's décor, whether it … (0 comments)
|
contract offers: Contract Offers: Buyers Need To Be Prepared - 04/28/09 05:44 AM
Some Preliminary Information
Be it the real estate market in 2009 or any other real estate market for that matter, the structure of a real estate purchase contract offer can be the difference in it being accepted or rejected. No, the offering price is not the only factor in negotiating a contract to purchase a home. Regardless of the number of pages in the sales contract, a contract offer can be broken down into 3 separate parts which can be important to the seller: price, terms and conditions. Each has to be satisfactory in order to obtain seller acceptance. In some … (0 comments)
|
contract offers: Be Prepared in Making a Contract Offer_Part II - 01/01/09 12:10 PM
Initial Deposit
Be prepared to write a deposit check when making a contract offer to purchase real estate. Commonly referred to as a Binder, 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 in determining the amount of the Binder deposit however. Writing a check … (0 comments)
|
|
|
|
|
|
David Fialk
Iselin,
NJ
More about me…
Choice Realty Co.
Address: 1144 Green St., Iselin, NJ, 08830
Office Phone: (732) 283-2100 x 102
Email Me
 Links
Archives
|
|
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2012 ActiveRain Corp. All Rights Reserved
;)
;)