Introduction

Should I hire a Realtor?

Selecting a Realtor

Buyer Agency Agreement

Buyer Agency Agreement

Buy the Right House
>Trends

>New vs. Resale

Hiring a Lawyer
>New Homes

>Resale
>how to hire

Final Thoughts

 

Resale:

  • Unlike builders' contracts -they are usually on a standard form written impartially.
  • No harm in seeking legal advice prior to finalizing but in practice few consumers do this because the contract is so much simpler.
  • A good agent should have no trouble drafting a basic Agreement of Purchase and Sale.
  • Consider obtaining a Home Inspection (actually, you probably would be crazy not to ) be sure to get one that is insured. Many inspectors are not that professional and frequently the back of the inspection contract states that their liability is limited to the cost of the inspection. A good inspector will carry insurance - ask for it. Your Agreement of Purchase and sale should have been conditional on the inspection. Most realtors include inspection clauses as standard in all offers.

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