 |
Buyer’s obligation |  |
|
Home Inspection | |
|
Seller Obligation | |
|
Think Before Buying A Home | |
|
Think Before Selling A Home | |
|
Tips Of Better Buying | |
|
Buyer and Real Estate Agent | |
|
Rights Of Buyers and Sellers | |
Rights of Buyers and Sellers
In either issues such as purchase and acceptance
you should know about the contract tights of buyer & seller.
You can discuss verbally and can come into a compromising stage
yet without contract your verbal communication has no value. Only
in written form from buyer to purchase or on the part of the seller
to sell can make value and create an enforceable obligation.
Whatever may be the material terms like offer to purchase a home, easy installment, etc unless & until both the buyer and seller has not countersigned on the agreement paper the process selling or buying has no value in verbal discussion. If there is an attractive offer
from a buyer side yet not a full price offer then the seller should
deny the offer. Before going forth to sell he/she should be well
aware of all terms and conditions. Seller should not give any chance
of rethinking to a buyer if the terms are not up to the expectation
of seller. It can encourage negotiating by offering second time
to think to a buyer yet it is not required. Whether you may be a seller or buyer until you are not fully understood should sign the paper. It is better to consult an attorney before signing. In the event another Buyer wants to submit an offer to purchase, even though a written offer has been accepted, the listing agent is obligated to inform the Seller of such offer. For more information please feel free to contact us. |