Do you need a buyer agent? I think most people who have purchased a home in the past would suggest that you do need a buyer agent. But let's take a look at several things that you will encounter on your home buying journey and then you can make up your own mind. … [Read more...]
You are here: Home / Archives for real estate contract
Do I Need A Buyer Agent?
Filed Under: Buying a Home Tagged With: buyer agent, negotiating, real estate contract
Five Reasons The New NC Real Estate Contract Will Benefit Buyers
There are lots of changes in the NC real estate contract for 2011. Big changes. At first glance it may seem that these changes put more burden on home buyers. However, if we dig a little deeper we begin to see how these changes can actually benefit buyers. Better Chance of Loan Approval This is huge! Last minute loan approval issues is the number one reason for stressful and costly … [Read more...]
Filed Under: Buying a Home Tagged With: buyer agent, real estate contract
NC Real Estate Contract Has Big Changes For 2011
The NC real estate contract has changed dramatically for 2011. The new North Carolina real estate contract, called the Offer To Purchase And Contract, will require a totally different approach to the home buying process. Let's take a look at the major changes to the NC real estate contract. Due Diligence Period: The biggest change to the NC real estate contract is the addition of a due … [Read more...]
Filed Under: Buying a Home, Selling a Home Tagged With: real estate contract
As Is Does Not Mean You Cannot Terminate The Contract
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 way for a home buyer to cover themselves when a property is … [Read more...]
Filed Under: Buying a Home Tagged With: home inspection, real estate contract
What is Earnest Money?
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, this is quite possible the first money a home buyer invests in his or her new home. As a home buyer, it is very important for you to understand the benefits as well as the risks before you write that check! What Is it? Earnest money is just what it sounds … [Read more...]
Filed Under: Buying a Home Tagged With: closing costs, real estate contract
