The sales contract should include the price of the offer accepted by the seller as well as the means used to provide it. Among the most common methods are full cash payment, with a cash payment and a new mortgage, or with an agreement involving an existing mortgage. This information may be mentioned in the sales contract or an additional financing may be included to clarify the buyer`s down payment and credit situation. If the buyer decides, between signing the sales contract and closing the house, that he wants to resign for a reason that is not stipulated in the contract, he loses his serious money and the seller puts it in his pocket. However, a buyer can get his serious money back if he returns for a reason defined in the contract. “Locked-in property can only be transferred by a transport permit (deed of sale), duly stamped and registered legally. We therefore assert that goods can only be transferred/transported legally and legally through a registered transport obligation. A purchase and sale contract becomes unconditional if all the conditions are met. As a general rule, the buyer`s representative writes the sales contract. However, unless they are authorized by law to practice law, real estate agents generally cannot establish their own legal contracts. Instead, companies often use standardized form contracts that allow agents to fill gaps with sales specifics. If this is a condition of the sale, you can use whom you wish to inspect the property, but we recommend the use of a registered real estate inspector.

If the report is not satisfactory to you, you can withdraw your offer for these reasons, but the seller may consult a physical copy of the owner`s report. In other words, a pre-qualification letter certifies to the buyer that he can afford the property. In most market conditions, the buyer will have no problem seeing each home for sale. The sales contract may contain a date of ownership that may differ from the billing date, z.B. if the property is leased.