January 11, 2007
So, you’ve found a buyer, you’ve got your deposit – here’s a few thoughts to keep in mind:
If the possession date is close to the end of your mortgage term, try to coincide it to avoid paying penalties on an early payout.
Make certain that the buyer is clear on what stays with the house and [...]
January 8, 2007
One of the first things you must do before signing an offer is add the following:
This offer is accepted subject to lawyer’s approval as to form and content by (state date and time).
Usually give no more than 24 hours unless it’s a weekend and you anticipate a delay. If you don’t put this [...]
January 5, 2007
Your lawyer can help you fill out the contracts and understand the language used. Having certain areas pre-filled means you won’t make mistakes in the anxious moments that a prospect is willing to make their offer. It will also prevent you from creating loopholes for the prospect if they get buyers remorse (unfortunately, not all [...]
January 2, 2007
Selling and buying homes requires legal paperwork. Writing contracts to sell your home is tricky business and you do need a lawyer to help you. Find one by asking for recommendations from family or friends or by looking for one in the phone book.
Ask questions. Often you can have a free consultation before deciding [...]
December 29, 2006
By asking for a substantial deposit – anywhere from 3-5% – you will not be running the risk of the buyer giving into “cold feet” or opting to forgo the deposit and start proceedings on another home. Unfortunately some people don’t find a problem with staking claims on more than one property while searching for [...]