Once you have found the perfect place and negotiated the terms of the deal it is time to create a purchase contract with the help of the top real estate agent Mill Creek Highlands.
A purchase contract is a binding agreement between a buyer and seller that lays out the details of the sale. The purchase contract binds the buyer and seller to the sale of the property. It lays out in detail the terms of the deal between them. It is also useful for both parties so they know what to expect and when to expect it. If you’ve been thinking of buying a house, use these Buy House Tips! The top real estate agent says that the following are what the contract should include:
- Details about the parties involved in the sale, including contact information, property address, and any other relevant details.
- The purchase price for the property.
- Any contingencies that must be met before closing, such as an accepted offer on another property or meeting a certain deadline.
- A list of fixtures, furniture, and appliances is included in the sale. If there are items you would like to remove from the house before you sell it, note them in this section as “excluded” items. Commonly excluded items include window treatments and lighting fixtures.
- Purchase dates, including financing and possession dates, as well as other deadlines for contingencies like inspections and appraisals. You’ll also see a date for recording all documents with your state or county recorder’s office. This can take up to 30 days after closing.
- Items that are included in the sale, like appliances or furniture, as well as items that will not be included, such as light fixtures or window treatments.
- Documents that are required for sale, such as covenants, conditions and restrictions (CC&Rs) or homeowner association bylaws if you are buying a condo or townhome. A title report from a title insurance company will also be required; this lists what property taxes are owed on the property up to the day of closing.
- A closing date is when all paperwork will be finalized and ownership will transfer between buyer and seller.
- The sale price and deposit, which is usually 10 percent of your offer. The deposit is paid when you sign the contract, and it will be applied to the down payment at closing.
The real estate agents, Darren and Gwen Munson are ready to help you find the perfect home in Mill Creek Highlands. They will work with your needs, and wants, and will help you know the cost to buy a house in Mill Creek Highlands while providing a memorable experience that’s aligned with what YOU want! Call them at 425-338-9400 or visit their website millcreekhomes.com today to know more about buy house tips.
source https://localhomereviewguide.wordpress.com/2022/04/17/top-real-estate-agent-mill-creek-highlands/
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