Franklin Lakes, Wyckoff and Oakland real estate and homes for sale in New Jersey, luxury homes - Tammy King, REALTOR® Tammy King REALTOR(r) for Franklin Lakes, Wyckoff and Oakland, New Jersey real estate, luxury homes - NUMBER1EXPERT™ Tammy King NUMBER1EXPERT(tm) for Franklin Lakes, Wyckoff and Oakland, New Jersey real estate, luxury homes
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Tammy King, REALTORŪ, real estate agent and broker for Franklin Lakes, Wyckoff and Oakland New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)
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Local Information: Franklin Lakes, Wyckoff and Oakland New Jersey home buying, real estate listings, and homes for sale in Bergen County, NJ
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Real Estate Tips
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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Real Estate Trivia
Q 
What 45,000 sq.ft. home on 5-acres on Lake Washington is described as an 'adventurous house' by its owner?

A 
The home of Microsoft's Bill Gates ($40+ million) has a wall of 24 video monitors featuring art and film and a 60-foot pool.
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Tammy King, REALTORŪ, real estate agent and broker for Franklin Lakes, Wyckoff and Oakland New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Tammy King
Prominent Properties Sotheby's International

804 Franklin Avenue
Franklin Lakes
New Jersey 07417
Direct Line: 201-848-4002
Cell: 201-803-6456
Office: 201-848-4002
Fax: 201-848-8777
tammyking@NUMBER1EXPERT.com
tamking@aol.com

Tammy King is the Top Salesperson in the Franklin Lakes, NJ area. She is a Senior Vice President and Manager of the Franklin Lakes and Wyckoff offices of Prominent Properties Sotheby's International Realty. Tammy leads a sales team of 40+ experienced agents. She also holds the CRS designation and her Broker's license. Over 20 years of Real Estate Experience! You expect the best...shouldn't you hire the best?

CRS Equal Housing MLS REALTOR


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