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Carol Gilles, REALTOR®, real estate agent and broker for Torrance California home listings, property and land for sale - NUMBER1EXPERT(tm)





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All agents are NOT alike! Find out why I am a top real estate expert. Call me: 310-540-5231.



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From My Sponsors: Torrance California home buying, real estate listings, and homes for sale in Los Angeles                    County, CA
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Real Estate Tips
Real Estate Contracts >Purchase Agreements

Whether it consists of several pages of big type or a few pages of fine print, a real estate purchase agreement is a serious, legally binding document. In most areas, there are "boiler plate" forms that spell out what each party agrees to do by certain dates and what happens if either side breaks the contract.

The best time to familiarize yourself with these forms is when you are beginning your search. Ask the real estate agent for a copy of the purchase agreement and then review it, keeping in mind that it has the force of law. If you don't understand the document, consult an attorney. If there is a dispute between buyer and seller, a court will hold you to what the purchase agreement specifies, not what you thought it meant or what you thought the real estate agent said it meant.

There are several key points you should be clear about. What are the deadlines for loan application and obtaining financing? If you decide to back out because of the structural inspection report, can you do that? Do appliances convey? When will the closing take place? If you understand these clauses before you find the perfect house, you will avoid a lot of stress and minimize the likelihood of misunderstandings.

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Real Estate Trivia
Q 
In what real estate market are more than 90 percent of home sales cash transactions?

A 
Palm Beach, home to princes, politicians, and CEOs, has homes from 2,000 sq.ft. condos to 56,000 sq.ft. estates.
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Carol Gilles, REALTOR®, real estate agent and broker for Torrance California home listings, property and land for sale - NUMBER1EXPERT(tm)

Carol Gilles
The Real Estate Group

3655 Torrance Blvd. Ste 420
Torrance, CA. 90503
CA DRE# 00803846
Phone: 310-540-5231
Cell: 310-864-9738
Fax: 310-792-5711
Email: carol@carolgilles.com

Carol Gilles has been in real estate in the South Bay area since 1979. She has been awarded Top Producing Agent seven years, and is a multi-million dollar producer. She guides all her clients through all of their real estate need with exceptional experience and professionalism. Carol Gilles is America's NUMBER1EXPERT™ in real estate for the Torrance area. So contact her today! DRE# 00803846


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