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CONTENT
SOLD
Legal Matters

When selling your home it's a good idea to be represented by an attorney. Look for an attorney with expertise in real estate transactions or let CGRI staff know. When a potential buyer puts an offer in writing and you accept it, the signed acceptance becomes the sales contract. Your attorney, along with CGRI broker/agent will be present at the actual closing to protect your interests and can assist you with the following elements of a sales contract:

  • The sale price
  • What is included in the sale price -- draperies, carpeting, light fixtures, heating oil, etc.
  • The amount of the down payment
  • The date of settlement and possession date
  • Contingencies to the sale--inspections (e.g. structural, lead-based paint, radon), required improvements, legal review of the contract by the buyer's or seller's attorney, etc.
  • The amount and length of the mortgage loan, interest rate and time limits to secure the loan
  • Determining which closing costs are to be paid by the buyer and which by the seller

CGRI broker/agents are experienced and can help you evaluate these factors.


EHO  REAL  
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