Don’t sign without reading!

November 1, 2011 at 4:52 am Leave a comment


It’s amazing how few people read the purchase contract when buying a home. In many cases it’s not just the contract, but many additional pages that cover negotiations, repairs, and many other aspects of the ;purchase process. Many agents tell their clients that these are standard contracts (there is no such thing when you add additional pages or have to fill in blanks) and buyers, in order to look “sophisticated” ,sign the documents with reading or understanding what they signed.

I give my buyers a “buyers package” which includes many items, among them is a blank copy of a contract. I make another appointment, not to look at homes, but to go over the paperwork that is involved in the purchase process.

After everything is reviewed and understood ( I also encourage the use of an attorney if needed) then we go look at properties. In many cases, the price, the location and other factors that were originally considered are changed by the buyer to conform to their new knowledge.

It’s a win-win situation.

Nick Petra
Arizona Real Link
petra@azreallink.com
www.phoenixmetro.listingbook.com

Entry filed under: Uncategorized. Tags: .

Are Real Estate Values Going Up? Instant Real Estate Riches, still don’t exist!

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 )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 3 other followers

Business Tweets

  • please visit strategicduck.com and sign up for the blog and newsletter. This will help me test my new site. Happy Thanksgiving*************6 months ago
  • Just returned from three full days at the National Association of Realtors Convention. So much is happening...*************6 months ago
  • Gandi said: " You must be the change you wish to see in the world" The new DUCK will help you achieve that goal.*************6 months ago

Follow

Get every new post delivered to your Inbox.