Contracts Are Important When Buying or Selling Real Estate

By
Real Estate Broker/Owner with Maxus Realty Group - Broker 301-246-0001 Broker - Realtor - CEO

Homes For Sale

As originally published in www.ReallyNiceHomes.com

Our brokerage Herboso & Associates and all our buyer agents who are involved in assisting you in buying a home are very aware of the process of transferring ownership of properties and how important that is to all the participants. Expect every step of the process to be recorded and formalized through the use of various real estate forms culminating in the "closing" that is often staged at a local Settlement Company.

From all the forms and documents that a seller and a buyer must agree and sign, nothing will give them greater joy than the much anticipated "offer to purchase real estate contract". Once home sellers receive an "offer to purchase" and agree to the terms, the property buyer and the seller become involved in a promise that will ultimately lead to the transfer of the property.

An offer to purchase real estate contract form is very important, not just because it could signify the start of the sale of the property, but also because this piece of paper will have a marked effect on the lifestyle of the new buyer and the seller. The offer to purchase will indicate the price which the buyer is willing to pay for the property, the conditions of the contract and will also outline how the money will be paid. This includes the proposed down payment, type of loan to be obtained and conditions of the contract.

As real estate agents we are well versed in presenting the right UPDATED REAL ESTATE FORMS that must be signed between a property buyer and a property seller.

Homes For SaleThe ready to use offer to purchase forms are only as good its users understanding and guidance. Under no circumstance a real estate agent, broker o facilitator in the sale of a property can change the verbiage or "scratch" conditions already outlined based on local ordinances and laws. Any change to a contract that changes its integrity must be done under the supervision of an attorney to protect all parties involved.

Our agents are trained in making sure not to step over the line when it comes to contracts. We utilize Village Settlements in Gaithersburg Maryland as our choice of professionals that help us complete our sales. When there is a change that could jeopardize the integrity of the contract and the sale of a property, we have at our disposal attorneys like Michael C Hollman to help us bring an acceptable contract that could enforce any agreed upon changes protecting all parties.

We now invite you to see an actual settlement conducted by the principal attorney James E. Savitz in Villages Settlements Gaithersburg

Incidentally, most of our closings take place with Village Settlements unless the principal (Property Buyer or Property Seller ) elect their own company and attorney based on their own rights outlined by law.

Sellingselling

Herboso & Associates is proud to be associated with Village Settlements and their help just enhances the quality of services we provide for all our clients.

Here are Twenty Great Reasons why Village Settlements, Inc. should conduct your real estate settlement…

 

A sample of our services. . .

As soon as you call Fernando Herboso, broker of Herboso & Associates LLC and you are considering selling your property. . This will be our introduction video to bring you just a hint of the quality of our services. .

Thank You!

Our direct number is 240-426-5754

MD, DC and VA

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Rainmaker
1,006,256
Beth and Richard Witt
Long Island Cash Home Buyer - Huntington, NY
Long Island Cash Home Buyer 516-330-6940

What an AWESOME post ... I give you an A# on this one... You know in NY we still use attorneys for everything and everything is so complicated and convoluted that it can confuse and upset all; with the greatest of ease...

I love your before presentation... really good.. in fact I will be encouraging Rich to get this made up for our agents..

Great One!!!

Apr 27, 2012 02:16 AM #1
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Brenda Mullen
RE/MAX Access - Schertz, TX
Your San Antonio TX Real Estate Agent!!

Very good post on how settlements are done in your area Fernando.  Here in Texas, buyers and sellers close seperately and generally the escrow officer runs the closing (unless buyer or seller elect to have an attorney).  Pretty cool ;)!

Apr 27, 2012 02:51 AM #2
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Fernando Herboso - Broker for Maxus Realty Group
Maxus Realty Group - Broker 301-246-0001 - Gaithersburg, MD
301-246-0001 Serving Maryland, DC and Northern VA

Thank you guys. .

You can get a custom video here. .

http://videolettersforrealestateagents.yolasite.com/

Apr 27, 2012 03:15 AM #3
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Jerry Newman
Brown Realty, 210-789-4216,www.JeremiahNewman.com - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Hi Fernando. Contracts are very important, both sellers and buyers are always encouraged to hire an attorney for any assistance with legal matters. Like Brenda stated above, Escrow Officers close transactions in Texas, and buyers and sellers go in at different times. Sellers are done is 30 minutes are less, and buyers normally take an hour with all the lender documents.

This is a Great Presentation of how closing are done in your area.

Apr 27, 2012 03:16 AM #4
Rainmaker
3,250,487
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Fernando

It sounds you plan in working to a T.

Good luck and success.

Lou Ludwig

Apr 27, 2012 09:17 AM #5
Rainmaker
4,798,182
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Fernando, writing a contract properly and correctly can make or break some transactions.  Training is a necessity.

Apr 27, 2012 08:56 PM #6
Rainmaker
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Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

Reliable, responsible and professional partners....who could ask for more for the best service to clients and customers ?

Apr 28, 2012 08:44 PM #7
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Fernando Herboso - Broker for Maxus Realty Group

301-246-0001 Serving Maryland, DC and Northern VA
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