Guess I chose the wrong business. When I write a contract for a single family home, I use an 8 page contract, a financing condition addendum, sometimes an intermediary relationship notice, sometimes a lead based paint addendum, or on site sewer facility addendum, or a multitude of other forms that might apply to the home. When I am finished a contract agreement can easily be 20 to 30 pages long. Even for a home priced under a $100,000 the forms are all the same. It takes a lot of paper to cover all the aspects of buying a home and make sure all potential hazards have been addressed.
After this is done, we look at inspection reports, well reports, title commitments, and then the several inch file of closing papers are unbelievable. You must declare you are a citizen, married or unmarried, sign a form that goes to the IRS and all the paper to the lender and the deed and on and on it goes. Does anyone have an idea how many pages of paper are used in the average purchase of a single family home with a 30 year note? It is considerable as you can see.
So my question and dilemma is: Why does it only take 3 pages to write an agreement to take $700 BILLION DOLLARS from the taxpayers!!!!! Guess I should have gone into politics or went to work on Wall Street!
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