Tag: Contract

Posted on 03/13/2022

The 4 Key Rules Every Contingency Contract Must Follow

When making an offer on a home, a buyer may add contingencies to their contract. There are many types of contingencies that apply to myriad situations and can protect the buyer from unexpected issues in the transaction. Sellers can also add their own contingencies either on their own or in counteroffers to protect their interests in the sale....

Contingency

Contingent

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Posted on 02/21/2021

What is Title Insurance?

Image by Tumisu from Pixabay When you buy a house, you are making a huge investment – one of the biggest, other than buying a business, that you will make in your life. In the second quarter of 2019, the median listing price of homes in Florida was $265,000, an increase of 3.3 percent from the second quarter...

Title

Title Insurance

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Posted on 08/30/2020

What a Real Estate Contract Should Contain

Photo by Mohamed Hassan via PixabayBuying and selling real estate is a complicated process that takes time. Because you are making a life decision and dealing with strangers, you should always have a valid purchase contract. Real estate agents use a standard contract, but the buyer and/or seller may make changes to that contract. In making changes, be...

Home Buyer

Home Seller

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Posted on 06/21/2020

Real Estate Contracts: Reasons for Backing Out

Photo by Gerd Altmann via PixabayOnce you sign a purchase agreement, whether you are the buyer or seller, it is very difficult to back out of it. However, as a buyer, you are able to back out if your real estate agent drafts the contract properly. Real estate agents use a standard contract. That does not mean that...

Home Seller

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