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real estate contracts

Real Estate Tip

Gerald’s Real Estate Tip of the – Week of 1/16/18

Pay attention to the specific language in any contract you sign. Each term and condition creates an obligation, the breach of which can give rise to a lawsuit.

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The first thing you must do before negotiating a real estate contract

Q: I want to make an offer on a property I found, should I start by just throwing out a price? (The first thing you must do before negotiating a real estate contract) Lily, Woodbridge, NJ A: That’s a great question, Lily. If you can deal directly with the seller of the property (sometimes you can sometimes you can’t) the first thing you want to do is ask lots of questions and try to build rapport with the seller. A successful negotiation is one where both parties are satisfied and happy to move forward—creating a win-win situation requires identifying what’s most important to both you and the other party and then writing down points you can both agree on. This […]

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