Source: RisMedia —
Buying and selling real estate is a big deal—and it can be a tricky to understand at times. That’s why it’s so important to have a clear understanding of the offer-to-purchase real estate form. This form can be a crucial part of the buying and selling process, and it’s vital to know how to fill it out correctly.
From the seller’s stand point, it is crucial to understand all the terms, especially the real estate contingencies. The meaning of contingencies can sometimes be challenging for a layperson who is not buying and selling real estate all the time.
An offer to purchase real estate is a legally binding contract, so they are essential to understand. In most circumstances, you can’t escape a contract without some consequences.