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House buyers need to read the contract, and know everything the contract ties them in to. And what the contract entitles them to. Also house buyers need to know the penalty for ending the contract early.
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∙ 12y ago
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What should I know before signing a real estate contract?
Make sure to read the contract carefully and have the house checked and inspected by a professional. This will ensure a safe and fair signing.
Who is responsible for repairs to a lease purchase house?
In most cases, the renter of the lease purchase house is required to do the repairs. The renter should do a full house inspection before signing their contract.
Your home goes up for sale tomorrow how long before you have to leave?
it depends what state you live in You will have to be moved out of the house the day before closing, so that when the people sign the mortgage and the loan is funded, they can move their stuff in. Also, the buyers are entitled to a walk through before signing, so having the home clean and empty makes that process easier. You can stipulate any delays in the sales contract, such as waiting until school is out, but you may lose the sale if the buyers are unable to agree to that.
What legal issues should a person consider before buying a owner financed house for rent to own?
Before buying an owner financed rent to own home be sure to have the contract checked out by an attorney. It is necessary to know what might violate the contract prior to signing.
Is contract signing necessary for hiring a maid?
I need to hire a maid to help with cleaning my house. In general, will I have to sign a contract if I want to do it once a month?
If you had expensive light fixtures mounted when the house was sold can you replace them with cheaper ones before you move?
Not unless it was clearly stated in the sales contract that the fixtures were to be removed. If it wasn't so stated, then everything the buyers saw they should receive. If you now wish to keep them, you could contact the buyers agent and request that you be allowed to take them with you. The buyers may allow it or, in exchange for them, ask for the price to be adjusted.
Why is owner of record listed as the seller on a contract for sale and purchase of a house and not the buyers name?
Until the sale is closed and funded the seller is still the owner.
How long is a seller obligated to pay commission to a real estate agent after their contract has expired before you can sell to someone new that the realtor had no communication with?
I would hope this was covered in the contract you signed. There is usually a protection period but it extends only to buyers that looked while listed with the brokerage. If your buyer has never seen the house and your contract has legally ended, you are free to sell right away.
Can you get out of a real estate contract after signing?
The contract establishes the rules for the purchase but does not finalize it. Contracts generally include certain conditions that must be satisfied before the sale actually takes place and if they are not met the contract is cancelled or penalties may be instituted. For example, a contract may be voided if the buyer is unable to obtain a mortgage or if the seller fails to make specified house repairs. Other than the above, getting out of a contract requires discussion with the other party and with an attorney and may involve financial penalties.
Where was constitution signing at?
State House Philadelphia, Pennsylvania. If you are on the west coast Knoxberry Farm has recreated the state house and the signing.
How do I word a land contract so that if my landlord passes onhis family can't take the house from us prior to payoff?
You can secure your mortgage by signing a prior agreement with the landlord in the presence of an advocate.
What lenders will refinance a house that is for sale?
Lenders will usually want to know the financial state of the buyers. Only in exceptional circumstances will a seller need to re-finance a house shortly before sale.
