Common Contracts
1 similar Real Estate Purchase Agreement contracts
Free printable blank real estate purchase agreementReal Estate Purchase Agreement • June 5th, 2023
This process can go back and forth for quite a while until the parties finally agree or they both go their separate ways. If the parties come to an agreement, they will sign the purchase contract. The buyer will then provide the seller with their earnest money deposit, which shows their intent to purchase the property as long as the remaining steps go as planned. Step 6 – Inspection To ensure they’re not buying a property with underlying issues (such as lead walls or contaminated water), the buyer will hire an inspector to go through the house thoroughly. Every property has different systems and features, so the inspection may take time and could cover a great number of concerns. The most common areas an inspector will cover include the following: Foundation Basement Structural components Walls Roof Appliances Floors Plumbing / electrical systems HVAC systems Heating elements The buyer is typically responsible for paying for the inspection, although they can require the seller to pay i
