When Is A Real Estate Contract Not Valid? – Fridays with Fred

     

    When Is A Real Estate Contract Not Valid?

    It doesn’t matter if you are listing your home, or selling your home, at the end of the day a buyer is going to come and buy the property.

    In the State of California, we have a Residential Purchase Agreement, also known as the offer. This is a comprehensive document that includes a variety of factors, points, terms, and conditions.

    The key to success with navigating the process of buying or selling a home is to work with a Real Estate agent who has a successful history of buying and selling homes in Southern California because this also means that they know the Residential Purchase Agreement thoroughly and will be able to make sure that this contract is executed before the home closes.

    A Real Estate Contract Is Invalid When It’s Not Executed Correctly

    As we mentioned earlier, the key to success with selling or buying a home in SoCal, or elsewhere in the United States, is to hire an experienced Real Estate Agent because if the contract is not ratified (signed or completed) a buyer or sell can easily lose money, not get what they want with the transaction or possibly even get sued.

    With every Real Estate deal, the buyer and seller have to sign or initial every page. This also includes the brokers as well.

    Regardless if you’re working with a listing agent or buyer’s agent, it’s their sole responsibility to make sure that your contract gets executed properly otherwise if there are signatures or initials missing the contract will be considered to be invalid.

    Contact the Fred Sed Group

    To learn more about this issue, or to view homes for sale in Southern California, contact the Fred Sed Group today by calling us at (800) 921-9231 or connect with us online.

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    Our agents write often to give you the latest insights on owning a home or property in the local area.