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!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s