Sitemap: Home Buying in Annapolis, Crofton and Severna Park, Maryland

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School Reports in Annapolis, Crofton and Severna Park, Maryland

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Schools in Annapolis, Crofton and Severna Park

Real Estate Contracts >The Purchase Contract

An important part of being an informed buyer or seller in a real estate transaction is understanding the purchase contract. Before you sit down with an agent to make a written offer to purchase a home or receive an offer on your home, you should take a look at the real estate forms used in your area.

In some areas the real estate agents use standard contracts which have been approved by the local Board of Realtors. In other parts of the country, agreements that contain a significant number of clauses are drawn up by real estate attorneys. You should get a copy of the paperwork you will be signing so that you can read it at your leisure and absorb the information.

Don't hesitate to ask questions about anything that you don't understand; and if any of the standard clauses do not fit your particular situation, you can discuss the wording that you would like to have changed. The key is to familiarize yourself with the paperwork before you have found your new dream house or buyers for your home.

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Q	What Newport, Rhode Island mansion was built as a birthday present and incorporates 500,000 cubic feet of white marble?
A	The Vanderbilt Marble House was constructed by railroad baron William K. Vanderbilt for his wife Alva, who later divorced him, remarried and moved into a mansion down the street.
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Joe Fagiolo, REALTORŽ, real estate agent and broker for Annapolis, Crofton and Severna Park, Maryland home listings, property and land for sale

Joe Fagiolo
Keller Williams Select Realtors
#7 Old Solomans Island Road
Annapolis, MD 21401
Direct: 443-951-1449
Main Office: 410-320-6428
Fax: 443-647-0689
Email: jfagiolo@kw.com
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