Residential Sales Form With Two Points
Description
How to fill out Pennsylvania Residential Real Estate Sales Disclosure Statement?
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FAQ
Sellers can accept the ?best? offer; they can inform all potential purchasers that other offers are ?on the table?; they can ?counter? one offer while putting the other offers to the side awaiting a decision on the counter-offer; or they can ?counter? one offer and reject the others.
At its most basic, a purchase agreement should include the following: Name and contact information for buyer and seller. The address of the property being sold. The price to be paid for the property. The date of transfer. Disclosures. Contingencies. Signatures.
If you're looking to purchase a house in a competitive market, you might find yourself in a multiple offer situation, meaning there is at least one other party interested in the same property as you.
Proposed clause: The Seller is selling this property in ?As Is? condition. Buyer acknowledges and agrees that Buyer is accepting the Property ?As Is? without any warranties, representations or guarantees, either expressed or implied, of any kind, nature or type whatsoever from or on behalf of the Seller.
Any purchase agreement should include at least the following information: The identity of the buyer and seller. A description of the property being purchased. The purchase price. The terms as to how and when payment is to be made. The terms as to how, when, and where the goods will be delivered to the purchaser.