How Agreement of Sales Protects the Buyer
With Law Offices in Media, PA and Mt. Lauren, NJ
Are you looking to buy property in Delaware County? Learn how agreement of sales protects the buyer in this video, then contact our Media PA lawyers today!Do you need legal help?
Experienced Lawyers in Media, PA
Are you looking to buy property in Delaware County? Learn how agreement of sales protects the buyer in this video, then contact our Media PA lawyers today!
Question:
How does a real estate agreement of sales protect the buyer of the house in Delaware County?
Answer:
If you’re the buyer of a real estate property, it is important that the sales agreement ensures you get the benefit of the bargain at the price that you’ve agreed to.
This includes making sure the agreement has adequate contingencies that allow you to get out of the agreement if you’re not satisfied with what you find out about the property. Having the ability to inspect the property and determine its physical condition is essential, as are title and zoning.
Financing is another critical item to clarify in the agreement of sale. In addition to being clear about the agreed-upon price, buyers need adequate time to get financing, and if they are unable to obtain financing, they need to be able get out of the agreement of sale.
All these things should be in the agreement of sale. Make sure when you enter into this transaction and go to the closing table, you’re going to get exactly what you thought you were going to get at the cost you expected.
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Are you or a loved one buying or selling property and have questions about how agreement of sales protects the buyer? Contact our experienced Media, PA Real Estate Attorneys for a free consultation.
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