Review The Contract Before You Sign

Before you sign a contract of any sort, it is important that you have a full understanding of the terms and conditions, as well as any other factors that are written within that contract. This is especially important when you are signing a contract for a major investment, such as the purchase of a home. It is important that you completely understand what you are signing and that everything in the home is as you expected it to be.

Here are some essential factors to consider before you sign a contract. First, it is important that you establish whether the seller will pay for any repairs in the closing costs. Will the seller pay for the home inspection? The buyer should also be sure to establish a date in which the seller (or any current tenants) must be completely moved out of the house so the buyer can move in. It is important that the contract outlines exactly what the property should include and where the property lines are. These are only a few of the many factors that should be taken into consideration when reviewing a contract. Others can include issues regarding the title, the inspection, the survey, and the deed.

If you are considering buying or selling a home, it is important that you consult with an experienced real estate attorney who can review your contract and ensure everything is as expected.

Joseph Gachko, Esq. is an experienced New Jersey attorney who can assist you in any of your estate or real estate-related legal matters. If you require legal counsel for your real estate matters, please contact The Law Office of Joseph Gachko today to set up a consultation.