How Do You Write A Contract For Buying A House?
When writing a purchase contract for buying a house, it is not necessary to begin with a blank piece of paper. Individual states typically have standard purchase contracts that are used by real estate professionals. Those contracts may be designed by attorneys and Realtors. You can often obtain a blank copy of a contract from a title or escrow company. Even with a prepared contract, there are important points that must be addressed. Read the purchase contract. If you begin with a blank standard contract, read it completely before proceeding. If there are terms you want to exclude from the contract, they will need to be crossed out and initialed by all parties. Identify the person or persons purchasing the property, and the parties selling the property. Properly identify the property in the contract. Include the physical address, along with the track, lot and block numbers. Identify what the purchase includes. Clearly state the purchase price that will be paid for the property. Identify
