Posts tagged as:

real estate contract

As Is Does Not Mean You Cannot Terminate The Contract

March 17, 2009

As is, in real estate contracts, usually means that the seller will not make any repairs.  It does not necessarily mean you cannot terminate the contract if a home inspection uncovers repair issues that you are unwilling to accept.  It all depends on how the contract is written.
In North Carolina real estate contracts, the best [...]

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What is Earnest Money?

February 4, 2008

Earnest money deposit is an up front cost that is required when buying a home.  When making an offer to buy a home in North Carolina, the earnest money deposit is quite possible the first money a home buyer invests in his or her new home.   As a home buyer, it is very important [...]

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