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Real Estate Contracts >The Purchase Contract
An important part of being an informed buyer or seller in a real estate transaction is understanding the purchase contract. Before you sit down with an agent to make a written offer to purchase a home or receive an offer on your home, you should take a look at the real estate forms used in your area.
In some areas the real estate agents use standard contracts which have been approved by the local Board of Realtors. In other parts of the country, agreements that contain a significant number of clauses are drawn up by real estate attorneys. You should get a copy of the paperwork you will be signing so that you can read it at your leisure and absorb the information.
Don't hesitate to ask questions about anything that you don't understand; and if any of the standard clauses do not fit your particular situation, you can discuss the wording that you would like to have changed. The key is to familiarize yourself with the paperwork before you have found your new dream house or buyers for your home.
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| Q |
What island was sold to Peter Minuit by the Indians for goods valued at 60 guilders ($24)?
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| A |
Peter Minuit arrived with a group of Dutch settlers in 1626 and purchased what is now known as Manhattan. |
 See More Real Estate Trivia > |
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Lucretia Pinnock
Pinnock Real Estate & Relocation Services, Inc.
115 E. Pennsylvania Ave.
Southern Pines, NC 28387
910-692-6767
Fax: 910-692-4141
lucretiapinnock@NUMBER1EXPERT.com
Whatever your questions, I'll help find the answer. I have been a full time
real estate professional in Moore County, North Carolina since 1985. And as
one of America's NUMBER1EXPERTST and an avid reader of professional
journals, I understand national and local trends in the real estate market.
Staying informed is critically important to my clients in the turbulent Real
Estate Market that exists. Because of this level of professionalism, I was
honored by Realty World-America and Keller Williams Realty as a Top Agent.
I was named as Realtor of the Year for our Association of Realtors in 2003.
I am well equipped to guide you through all your real estate needs in the
Pinehurst area and take that opportunity and responsibility very seriously.
I guide a Team of Real Estate Professionals to provide the highest level of
service and look forward to providing that level of service to you and your
friends! Call or email me today! 
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