Sometimes the easiest part of the transaction is to find and agree to buy the property. What to do after that, from contract to closing, is often confusing.
In most cases, the buyers' agents will usually prepare the offer form which, when signed, becomes the contract.
The starting point for any real estate transaction is a written contract. As a general rule, real estate contracts must be in writing to be binding.
In order to fill out any real estate contract, the parties, buyers and sellers, must first agree on the terms of the purchase and sale. Please refer to the list of questions contained in the For Sale By Owner Questionnaire in this guide. Until these questions are answered, it will not be possible to complete contract. |