Sentences with phrase «valid sales transaction»
Your purchase contract is the most valid sales transaction there is.
https://www.clearlending.com/ Not exact matches
If you have a real estate agent, they will assist you with this, and the offer should contain the following items: a complete legal description of the property, the amount of earnest money, your down payment and finance details, the price you are offering, your proposed closing date and move - in date, the length of time the offer is valid, and any other details of the transaction, such as if appliances are included in the sale, etc..
The buyer is protected by (1) the contractual promise of the seller to deliver title in the purchase and sale contract (giving rise to a lawsuit if breached, e.g. requiring disgorgement of any additional profit made in the other transaction), (2) by a warranty of title in the deed provided at closing, (3) by the title company's insurance if the warranty deed is not valid, and (4) by an affidavit saying that the seller didn't do that provided at closing.
Many real estate professionals have made the mistake of taking a listing and marketing it as a short sale only to find out later that the investor will not approve the transaction due to the seller not having a valid financial hardship.