Thinking of buying or selling a house? Starting and managing a small business with them? Maybe you have a little 'help with personal motivation, or information technology ... If so, this column can be useful, because there will, in time to protect the ways to save money and time to discuss your legal and financial interests and agreement on an equal footing with industry associations to avoid costly mistakes, so many people. Let's face it, is a complexWorld out there and you're a working from a position of knowledge and understanding or guesswork and blind faith. Money Matters is designed to help remove the blinders. Knowledge is power right? We believe that applied knowledge is powerful.
Start-up this column, we decided to launch a couple of tips for buyers and sellers of immovable property in the season begins. You can run up to clip this article and stow. Buying or selling a home is the biggest investmentof a lifetime for most people ... It 'a big problem of people, emotions, contracts and cash ... all the ingredients for legal and financial pain if you do not know what you're doing (and most people don 't).
1. Buyer: Seller Real Estate, NOT customer accounts ... their task is to maintain the highest possible price for the property. They are not "your agent" and tell them what can be used against you. Caveat Emptor is legal jargon that means "buyerWarning "...
2. Buyers: Do not over $ 100.00 when you write an offer on a house. In this way, if you can not complete a transaction you have less money at stake. Large deposit of good faith, does not guarantee that you get the financing. Why do not you risk your money?
3. Buyer: Arrange your finance first home first you're looking for a house. This means that the same benefits of a cash buyer, you can use the financial pre-qualification to thousands when buying a house, if you are a SAVESmart negotiators.
4. Buyer: if you are an offer to purchase, make sure you write your signature before the clause "subject to the approval of the buyer's attorney." ) The 5 magic words (known as a weasel clause allows evil to a business, if not approve your lawyer ... It is possible (Wiesel) from a bad deal ...
5. Purchaser intends, "a purchase offer becomes a legally binding contract, if the seller accepts. To understand the legal information before signing a contract orDocument.
6. Avoid Sellers signing long term contracts with listing realtors. Hold agreements list to 90 days limited steps, so you can check the sales.
7. Sellers: Do not sign a listing contract with part-time staff. Use only full-time staff, allowing you to increase your chances to get a professional representation.
8. Seller: Interview agents before the announcement of the signing of the contract. Sure to sell the potential "Prices Quote, "you are right. Many agents will mention the high prices to reach an agreement on admission. There is a saying in the property but to make the list, not last" ... many agents and say that almost everything to sign a long-term announcement. (see Tip-6)
9. Sellers: Avoid races with the signature of qualified buyers. Eliminated so that your property off the market on hold, it is adud.
10. Ensure Sellers: Make Your agent will provide you a detailed marketing plan in detail the sale of assets that is executed during the contract period.
If you are interested in more information about books smart, check us out online at http://www.smart67.com
Copyright © 2005
James W. Hart, IV
All rights reserved
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