Skip to main content

Contracts - seller

Location: MA

Most brokerage firms have a boiler plate contracts. I’ve read a few and some of the legalese is difficult and other parts were fine to read.

When asking to modify the contract, I always get the answer ‘ I cannot’. …”our lawyers have drafted this and they won’t budge”

I am going to sell my home (first time seller, hcol, sellers market, low inventory) and wanted to know if I could indeed add an addendum or modify sections. Are there any particular items to exclude/include from a contract to protect myself (eg contingencies, etc)? For example, one agent said I would owe him 6% regardless if the home sold or not. I didn’t move forward.

I’d like to make sure I protect myself. I spoke to a few real estate attorneys who did they normally don’t read sellers contracts or give advice only do P&S. That seemed strange

submitted by /u/Green_Dare_9526
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/1oyhl9i/contracts_seller/
Labels:

Comments

Post a Comment

Popular posts from this blog

North Carolina – “One to Buy; Two to Sell”

I realize I will likely have to contact a real estate attorney but also hoping to hear insights and experiences from others! I have a house in NC that I bought by myself in 2009, and paid off, in full, in 2022. I got married in 2023. My spouse and I have not lived in the house as our "marital residence". We have maintained separate residences even after we got married. (That a separate topic!). I am now selling this house. Realtors have told us that my husband has to sign the deed at time of transfer but I am not convinced since the house has not been our marital residence. The realtors like to use the phrase "one to buy; two to sell", which seems like a broad-stroke statement which is not applicable under all circumstances. And of course, the realtors don’t realize the details of my specific circumstances: I purchased and paid for the house in full prior to marriage Only my name is on the deed And most importantly, we have never lived in the house as a marit...
Post a Comment
Read more

Looking for Prospective Opportunities to Utilize Floor Plan Redraw Skills

"Hey HomeOwners & Investors , I have a team of 10 professionals who are trained in redrawing/redesign floor plans in both 2D and 3D interior& exterior using floorplanner.com/3ds Max and TruView point cloud. We're looking for prospective opportunities to utilize our skills. Are there any companies or individuals in need of accurate floor plans and measurement reports ? Any suggestions for where to start looking? Thanks in advance for your help!" submitted by /u/mangojuicelife [link] [comments] source https://www.reddit.com/r/RealEstate/comments/119uoh0/looking_for_prospective_opportunities_to_utilize/
Post a Comment
Read more

Question With Tricon "Pending ID".....

My wife and i, along with 2 other peopl applied to rent a house, and our application says "Approved, Pending ID". Anyone else know what that means? Do we pretty much have the place or are we missing something? submitted by /u/Itskrueger [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1orixqj/question_with_tricon_pending_id/
Post a Comment
Read more