contracts-in-real-estate | For Sellers

Details: Category: For Sellers For Sellers; Published: 06 March 2007 06 March 2007; Hits: 21305 21305

The contracts that are involved in a real estate transaction can be a complicated thing to the untrained eye. Typically a real estate contract encompasses all aspects of the sale and purchase of a particular property. This includes all subjects and sub-clauses, details of the property and the funding that is involved. It's advisable to read over these documents in entirety with your realtor who can explain all aspects of the contract in greater detail.

Whether you are on the selling side or the buying side of the contact, there are some areas that you will want to pay particular attention to:

The property information is the first area that will be detailed. This includes all pertinant info about the home and land that it is on. Also listed are the subjects of the sale. This area can include things such as inspections or necessary repairs that have to be completed for the sale to go ahead. As these subjects are met, they are removed from the contact with initials or signatures from both the buyer and seller.

Another important aspect of the contract is the itemized details of the financial transactions that are involved in the purchase/sale. The most important item in this section, especially for the buyer will be the mortgage information. Details of the deposit should also be covered by the contract such as the ammount of the deposit and where it is being held.

An extremely important area of the contract will deal with what is and is not part and parcel of the sale. Many people, when they move, decide to take certain things with them. Appliances, window dressings and other things that are not included in the sale must be itemized on the sale contract.

The best way to become aware of all aspects of the contract process is to sit down with your realtor and spend some time going over the contract itself. As a trained professional they will be able to explain all the details of the contact to ensure that you as the buyer or sell understand all the terms and conditions fully.

For more helpful tips on real estate contracts in other markets, check out these sites:

Delray Beach Real Estate information is available at Florida State Info.

Search the Orlando MLS for Orlando area real estate and homes.

If you are searching for beautiful homes, condos and properties at amazing prices in Florida, come check out Naples Real Estate, at previewnaples.com!

Madison WI Condominiums are very hot, catch the downtown resurgence today. Get in early and pick from all of the popular Bruce hardwood floors

Hawaii State Info is the place for all of your Hawaii Real Estate needs.

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"Thank you Don for your considerate and professional help on selling our house. Your informative correspondance we recieved before deciding to list it, got you the house, and your continued contact to let us know what efforts were being made to advertise and show the house were greatly appreciated. Showing mutual respect, we feel like we have made a new friend!"
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~ Jan Byers, satisfied seller

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"Thanks to Don Wixom, we have been enjoying our new home for six months now. Don as the realtor selling our house worked very hard for us. He helped us through all the complex paperwork involved in making offers, getting a loan, etc. Don paid attention to detail and kept us well informed about how things were going. When things needed to be done, Don was readily available, seeing us through a home inspection, even crawling under the house in the dirt and cobwebs when we asked him to. Don was always only a phone call away. We still remember his phone number, we called him so much! Don has a wealth of experience and resources to offer. We would definitely recommend him to anyone wanting to buy or sell real estate."
~Scott and Naomi Watson, satisfied buyers

"We were long distance buyers. We had been through some major life changes in 2005 and had first contacted Don Wixom in August of 2006. He stood by us 2 1/2 years showing us houses, driving out to houses and emailing us pictures when we were unable to go ourselves, never knowing if he actually would have gotten a sale from us and he never complained or pressured us once.
He always treated us with great respect as if we were his only customer. Don has done more for us than we would have done for ourselves. He gave us great advice. He was always learning what it was that we were looking for. As our needs changed midway through our searching he adjusted to them.
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When buying or selling in Idaho we would never consider anyone but Don Wixom. He stayed with us for the long haul and we will stay with him."
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Contracts in Real Estate