Saturday, November 23, 2013

Buyer’s Home-buying Mistake #7

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MISTAKE #7: NOT KNOWING YOUR RIGHTS AND OBLIGATIONS


Real estate law is extensive and complex. The contract for sale and purchase is a legally binding document. An improperly written contract can cause the sale to fall through or cost you thousands of dollars for repairs, inspections, and remedies for title defects.


-You must be certain which repairs and closing costs are your responsibility.


-You must know whether the property can legally be sold “as is” and how deed restrictions and local zoning will affect the transaction.


-If there are defects in the title, or if the property is in conflict with local restrictions, you or your Realtor must remedy them.


Otherwise, you could lose thousands!


I will assist you! I will make sure you understand the technical lingo in the sale of your home. A commercial for a local vendor states that “Our best customer is an educated consumer.” How true! It is my job to know the laws governing real estate transactions. I am involved in an on-going training program to keep up-to-date with these laws.


You deserve to have an agent who is not only knowledgeable about the transaction but is also willing to educate you throughout the process so you will feel more comfortable.






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