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Archive for February 10th, 2008

Elements of a Residential Property Contract

Sunday, February 10th, 2008

A contract is an agreement among competent parties to do or to refrain from doing certain things that are under consideration between the two parties. For example, buyer Smith contracts with seller Jones to purchase his property for a specific amount of money. Jones may be required by the contract to certain specifications, such as [...]

Walk Through the House

Sunday, February 10th, 2008

Check for warped doors, doors that won’t close easily or at all, loose doorknobs, creaking floors or stairs, loose tiles, poor plumbing and any resultant water damage, and too many electrical cords plugged into a single outlet. These can be clear signals of sloppy maintenance or even negligence on the part of the owner and/or [...]

A Residential Inspection

Sunday, February 10th, 2008

Before you buy residential property, have it inspected by qualified people to find any defects and potential problems. But there are a number of things you, even without professional training, can do on your own.
You need to begin asking questions even before you get to the site of the property. For instance, find out the [...]