3 Must Have Components To A Contract

Long story short, any contract from a buyer to purchase your home must be made up of 3 components. Anything less is often, a meaningless offer.

  1. A contract spelling out the terms of the offer (Ex: price, closing date).
  2. Evidence that buyer is able to buy property (Ex: letter from a bank).
  3. Good faith deposit, or escrow payment (this is THE BIGGIE, and must be made up front along with contract).

Explaining Escrow for Buyers

Questions about contracts? Call / text (305) 305 1535 or email me!

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