While every contract will be different, below is
a checklist for the typical items to include.
Don't Forget Anything
You know what should be included in a typical contract. But what else
could be attached? Here are just a few items you may want to check off the list
before you sign:
Not the Easiest Thing You
may want to hire some help.
Since real estate contracts are so lengthy
and, well, dull, you may want to hire an attorney who specializes in real estate
law to help you out. Your home is the single largest investment you are likely
to have at any one time. Make an extra effort to protect yourself and your investment.
Your Last Recourse Be sure it is written in your favor.
contract is the only recourse you have during this process. Once you make an offer
on a house and it is accepted, you are tied to that house for the length of the
contract. Sure, there are ways to terminate a contract. You could use one of your
contingencies to declare the contract null and void. But that doesn't happen everyday.
Signing a contract is a legally binding agreement between two parties. Be sure
you know what you are doing before you sign. And always consult your attorney
before the signing takes place, not after.
Let's Talk Money Now...
payments and earnest money.
6 of 9