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6 Cards in this Set
- Front
- Back
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What is currently one of the most common reasons a home sale falls apart? -adverse property conditions discovered during inspections -buyers present sellers with a list of contingencies that may not be accepted -the home is put back on the market bc a counteroffer is submitted -none of the above |
adverse property conditions discovered during inspections. |
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what should be written up once a buyer decides to buy the property? |
a purchase agreement |
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What is one benefit of an early move-in? |
the buyers are able to take possession of the property before escrow closes |
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what is an offer known as that is made by someone rejecting an unsatisfactory offer? |
counteroffer |
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What is the offer to purchase also known as? -fiduciary -deposit receipt -escrow instructions -terms of purchase |
deposit receipt - receipt for earnest money and is the offer to purchase |
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What does the deposit receipt become once it has been signed by all parties? -structural dependency -bilateral contract -complete financing agreement -salesperson's responsibility |
bilateral contract |
