does a real estate contract have to have a closing date / Real Estate Contract Conditions

does a real estate contract have to have a closing date

does a real estate contract have to have a closing date

Earnest Money Earnest money is money deposited into escrow by the buyer to show good faith to the seller when the purchase agreement is signed. Find out what your home's worth! In the realm of property transactions, the real estate contract serves as the cornerstone, delineating the terms under which the sale and purchase of a property will proceed. Most contingency contracts come with home inspection clauses, but if yours does not, check with your realtor. Pay particular attention to deadline dates to avoid canceled contracts before the deal can close. Whether the transaction will be a cash closing or will involve financing. Other common contingencies revolve around inspection, financing, and appraisal.

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DOES A REAL ESTATE CONTRACT HAVE TO HAVE A CLOSING DATE / morphy.info