Diana Dedwylder, REALTOR®, real estate agent and broker for Arlington, N.E. Tarrant County and Mansfield Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

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Real Estate Contracts >Purchase Agreements

Whether it consists of several pages of big type or a few pages of fine print, a real estate purchase agreement is a serious, legally binding document. In most areas, there are "boiler plate" forms that spell out what each party agrees to do by certain dates and what happens if either side breaks the contract.

The best time to familiarize yourself with these forms is when you are beginning your search. Ask the real estate agent for a copy of the purchase agreement and then review it, keeping in mind that it has the force of law. If you don't understand the document, consult an attorney. If there is a dispute between buyer and seller, a court will hold you to what the purchase agreement specifies, not what you thought it meant or what you thought the real estate agent said it meant.

There are several key points you should be clear about. What are the deadlines for loan application and obtaining financing? If you decide to back out because of the structural inspection report, can you do that? Do appliances convey? When will the closing take place? If you understand these clauses before you find the perfect house, you will avoid a lot of stress and minimize the likelihood of misunderstandings.

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Q	What is the legal term used to describe the right of the U. S. government to condemn private land for public use?
A	Right of Eminent Domain allows the government to confiscate private land by paying full market value for the property.
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Diana Dedwylder
RE/MAX Pinnacle Group Realtors
1241 W Green Oaks Blvd.
Arlington, TX. 76013
Phone: 817 299-1033
Fax: 817 460-3903
Email: DianaDedwylder@NUMBER1EXPERT.com
Welcome to the END of the INTERNET! You have found the very last web site you will need for all of your real estate needs. www.YourDFWAgent.com Call Us Now, 817 299-1033 Credibility: · Over 1500 Homes Sold One at a Time · Over 17 Million Closed in 2002 Ranking Top 1% in the USA · Inducted into the Remax International “Hall of Fame” · Remax Platinum Club Award Winner · 30 Years of Market Knowledge · Graduate of Real Estate Training Institute, Prudential Mgmt Training, Century 21 Real Estate Training, Henry S. Miller Training, Certified Residential Specialist “less than 2% of agents Nationwide have this certification” · Proud Sponsor of the Childrens Miracle Network The Diana Dedwylder Team would like to thank everyone for all the continued support and referrals. Thanks to you we are looking forward to another record-breaking year. Although there is a wealth of knowledge at www.YourDFWAgent.com put our team to work directly! We want to speak with you. Call Us Now, 817 299-1033 arlington texas real estate, mansfield texas real estate, burleson texas real estate, southlake texas real estate, colleyville texas real estate, grapevine texas real estate, keller texas real estate,westlake texas real estate and surrounding areas Find Real Estate Investing Information History of Arlington

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