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 HE CONTRACT
 When it comes time to write the contract, you may be familiar with the current law and perhaps you are going to use your attorney or a local escrow company to draft your documents. The best advice I can offer is to always include acceptance dates for all the relevant particulars such as a contingency home sale, home inspection report, response time for any work required, lender qualification, appraisal, loan approval, preliminary title report, closing and occupancy dates. It's also a good idea to detail what happens in case the targeted dates are not met.
You need to follow-up on all the details. That's why I work as a "transaction coordinator" to just keep track of this phase so there are no delays or a lost sale. Basically, you're property is off the market during this time period, so don't allow your agreement to "flip" because the buyer did not accomplish some task as detailed in the purchase agreement.
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For More Info, Call Paul J. Abrams
[ 732-695-2121 ]
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