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Get Free Presentation On Our Home Marketing. Before signing a contract with any real estate agent, make sure you know EXACTLY how your home will be marketed. Find Out More > View All Offers >
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Greg Is The Consummate Professional “He knows the island, knows the real estate market, and knows excellent value.” Ron and Jan Stanley, UK Read Quote > View All Quotes >
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Real Estate Contracts >Clean Contracts
"Clean" is a term that is often used to describe an offer on a house. A "clean" offer does not refer to the price of the house, but to the terms of the agreement. If you really want a particular house, the "cleaner" you can make your offer, the better.
What are the characteristics of a clean contract? A contract is considered "clean" when the buyers are paying cash or are clearly qualified for a mortgage, the sale isn't contingent on the sale of another home, the buyers don't ask the sellers to carry any of the financing, and if the closing date coincides with the sellers' needs. A clean contract doesn't have any unusual requests for repairs or insistence that certain articles convey that would not ordinarily stay in the house. A clean offer has an important competitive edge if you are offering less than full price or if you are in a situation where there is more than one offer on the property.
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What document must lenders provide within three days of receiving your application for financing?
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| A |
The "Truth In Lending Disclosure Statement" will give you complete financial information about the loan. |
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Greg James and Neil Castellane William F. Hilton Realty PO Box 5641 Hilton Head Island, SC. 29938 Phone: 843-785-4700 Fax: 843-785-8843 Email: realestatehiltonhead@NUMBER1EXPERT.com
Greg James has been in the real estate business for over thirty years. He is the sole Owner, President, and Broker-in-Charge of his company and has currently brought aboard eight Sales Associates......Neil Castellane, Greg's Associate, is also a Licensed Real Estate Agent, a Realtor®, and an Accredited Buyer's Representative. Call or email us today!
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