The posting below is a copy of an article published in Boca/Delray Life Magazine in March of 2006.

In last month‘s article we went over real estate contracts, contract contingencies, disclosures and the structuring of contracts. This month I’d like to get a bit more detailed about a specific subject in the contract which is probably least understood and which leads to the most problems, the seller warranty and the home inspection.

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The posting below is a copy of an article published in Boca/Delray Life Magazine in February of 2006.

Before you get to the point of making or accepting a purchase offer/contract ask for and read a contract to get familiar with the various clauses and paragraphs. Buying or selling a home, the contract is vital to insuring a smooth transaction and in protecting your interests. Be sure you choose an agent to represent you that is a good negotiator, understands contracts with an eye to structuring the contract to reach your goals and minimize any risks. It’s true for the most part that agents use standardized contract forms but choosing the right forms, and adding in the necessary addendums and/or contingencies into a contract can make the difference between success and disaster. Every real estate transaction is somewhat unique as all parties have a different set of concerns and each home has its own set of issues, all of which must be addressed in the contract. Read the rest of this entry »

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