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Whether you are a buyer or a seller, there are several things you can do to protect your interests when creating a property sale agreement.
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Property Tips For Buyers And Sellers Whether you are a buyer or a seller, there are several things you can do to protect your interests when creating a property sale agreement. For Buyers: Before signing, it is advisable to hire a real estate attorney to review the agreement thoroughly, and also make sure to read the entire agreement carefully and ask questions regarding any provisions that may not be clear. 1
Consider including contingencies in the agreement, such as a financing contingency, to protect yourself if the transaction falls through. Have the property inspected before completing the transaction to identify any issues or defects. Hire a professional to assess the value of the property. For Sellers: Ensure a comprehensive agreement to sell, including a format detailing any known defects or issues with the property, and hire a real estate attorney to properly draft and review the agreement before signing. Be sure to provide a clear title to the property at closing. Consider requiring a substantial deposit or down payment to ensure the buyer is committed to completing the transaction. Dialurban: Search Jobs, Property, Matrimony, deals and service in Bhubaneswar, Odisha Contact Us: Website URL: https://www.dialurban.com Email :dialurban78@gmail.com 2