What is a Contract?

Real Estate Contracts What is a Contract? Facebook Twitter Linkedin We’ve all signed contracts before. In fact, in the age of the internet, we enter into contracts nearly every day.  In real estate, understanding the ins and outs of contracts is particularly important since the transaction values are usually pretty high. So, in this article,… Continue reading What is a Contract?

Types of Contract Terms

Real Estate Contracts Types of Contract Terms Facebook Twitter Linkedin Contracts are made up of terms and conditions. Often, the words “terms and conditions” will appear at the top of the document, after which you will find multiple pages of legal language. In this discussion, we’re going to break down the most common legal terms,… Continue reading Types of Contract Terms

What’s in a Real Estate Purchase Agreement?

Real Estate Contracts Real Estate Contracts 101: What’s in a Real Estate Purchase Agreement? Facebook Twitter Linkedin In residential real estate, the purchase agreement is the key document in the process of buying and selling property. It contains a number of important terms that govern the transaction and the title and closing process.  It is… Continue reading What’s in a Real Estate Purchase Agreement?

What’s in a contract: Parties and Property Information

Real Estate Contracts Real Estate Contracts 102: Parties and Property information Facebook Twitter Linkedin Real estate purchase agreements are the guidelines for the transaction that your title agent will follow as you prepare for closing. Like any contract, purchase agreements have terms and conditions that bind the buyer and seller in the real estate transaction.… Continue reading What’s in a contract: Parties and Property Information

Whats in a Contract: Price and Financing Terms

Real Estate Contracts Real Estate Contracts 103: Price and Financing Terms Facebook Twitter Linkedin The financial terms of the contract are important and should be clearly articulated. In particular, the real estate contract should include provisions on the purchase price, earnest money, financing terms (if any), taxes and assessments, HOA fees (if applicable), title insurance,… Continue reading Whats in a Contract: Price and Financing Terms