One of the biggest mistakes you can make as a first-time homebuyer is not reading the contract. It is true that you may not understand every bit of it. That’s OK! But failing to protect your soon-to-be asset by reading and getting grasp of your legal obligations is NOT a good idea. It’s the first step to understanding what’s required of you, the buyer, as well as the seller. Your buyer’s agent can be a great resource in explaining each section and what it means. You’re also welcome to contact an attorney for an explanation. You’re signing a binding, legal document. Make certain you understand the conditions of the contract. Buying a home is a time consuming process but well worth the rewards it will provide. If you’re considering purchasing a home this summer or even next summer, contact me to get the process started. You can reach me at 314-773-5700 ext. 53.
Thursday, June 21, 2007
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