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Real Estate Contracts >The Purchase Contract

An important part of being an informed buyer or seller in a real estate transaction is understanding the purchase contract. Before you sit down with an agent to make a written offer to purchase a home or receive an offer on your home, you should take a look at the real estate forms used in your area.

In some areas the real estate agents use standard contracts which have been approved by the local Board of Realtors. In other parts of the country, agreements that contain a significant number of clauses are drawn up by real estate attorneys. You should get a copy of the paperwork you will be signing so that you can read it at your leisure and absorb the information.

Don't hesitate to ask questions about anything that you don't understand; and if any of the standard clauses do not fit your particular situation, you can discuss the wording that you would like to have changed. The key is to familiarize yourself with the paperwork before you have found your new dream house or buyers for your home.

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Q	What price range is considered upscale or high-end in residential real estate?
A	The price range varies depending on the local market, but upscale homes are in the top 10% of an MLS area's annual home sales.
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The Dinsmore Team
RE/MAX Professionals
6290 Abbotts Bridge Rd.
Bldg. 600, Suite 602
Duluth, GA 30097
Office: : 770-932-1600
Cell: : 770-712-7789
Fax: : 770-888-7793
Ron@DinsmoreTeam.com
Marie@DinsmoreTeam.com
The Dinsmore Team represent an established professional multi-million dollar producing team that builds relationships through loyalty, trust and transparent communication. Whether Buying, Selling, Renting or Investing, the Dinsmore Team will represent you with the highest degree of integrity. Our specialties are Residential, Luxury Estates, Waterfront Properties, Resales, Relocation, Acreage, Condominiums, Townhomes and Investment Properties.

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