Blog entries tagged with "purchase contracts":


purchase contracts: Real Estate Term: Earnest Money - 05/05/08 05:49 PM
When a buyer and seller reach agreement on a home sale, the buyer typically puts a small amount of money into a trust account. This up-front deposit is more commonly known as "earnest money". A sales contract's earnest money requirement will vary from contract to contract. It can be as … (0 comments)

purchase contracts: I am Getting a Little Tired of Slick Offers - 05/05/08 12:30 AM
I have gotten more than a couple of offers lately that are becoming annoying to say the least. 
Ridiculously lowInsulting cover lettersIncomplete paperworkUnsigned, weird contingenciesLists of everything they think is wrong with the home (two from folks who never saw the property)Contract forms from more than 30 years ago or from … (111 comments)

purchase contracts: Real Estate Contracts for Dummies - 01/31/08 11:30 AM
  The real estate contract is the most often used, yet little understood tool in the real estate business. Whether you are a rank beginner or seasoned expert, there is no excuse for not knowing and understanding the real estate contract. Real estate contracts are based on common law contract principles, so … (2 comments)

 
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