Wendy Morris Presents:
The Florida Dream
Wendy Morris Realty
Dr Phillips Luxury Real Estate
407 575 5392
Call Today!

Listing Search

IMPORTANT PARTS OF A HOME SALE CONTRACT | 32819 | 32836 | Dr Phillips

NEXT
PREV

IMPORTANT PARTS OF A HOME SALE CONTRACT

In proper order of a Florida sales contract the earnest money deposit has to be in line with the offer. If not more than likely your offer will be countered or refused. For example a contract price of 700,000 home and 500.00 deposit wont work. Deposit is to be held in escrow at title company or at an attorney office.You need to understand the dynamics from your realtor on this. Time of acceptance is very important, this gives a window or date you need to have an answer back on your offer. Closing date can be on or before date entered. If any issues arise you may have an addendum provided in a timely manner. Another item if property going to be vacant once sold. If not there are common dynamics need to be put on contract. Typically buyer will live in home. Financing if pre approval is necessary or Cash is always acceptable and typically seller uses their title company title company. Home warranty are not mandatory. When buying cash survey is not required.

DISCLOSURES AND INSPECTION

Most certainly these documents are very important. They disclose all repairs and conditions of home since owner has lived in home to the best of their knowledge. Every property is different. On residential homes, look for seller disclosure, homeowners association are the most common disclosures.  I highly suggest hiring a licensed home inspection, on average 300-500 depending on home. This is well worth the money and will give you peace of mind of home you consider purchasing. Walk thru are necessary to determine all is in working condition and all items in place as per your contract. and scheduled with all parties. All if any open permits seller deliver to buyer if any.  This is very important that both parties are aware. 

IN SUMMARY 

Everything needs to be put in writing, signed, initialed and dated. Time is of essence when producing documents. This helps the process moves much faster and close the deal.  This is a quick snapshot of the nuts and bolts of a Florida contract that must be accomplished. Commercial and rental contracts are just as important.  Any further questions feel free to reach out at 407 479-8583 and Facebook Kevin Sells Florida and Kevin Selling Florida.


IMPORTANT PARTS OF A HOME SALE CONTRACT | 32819 | 32836 | Dr Phillips

All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: Stellar MLS (updated 5/24/22 11:58 PM) |
Featured Listings
Orlando Real Estate
$420,000
3 BED
2 BATH
Welcome to this charming one-story 3 bed, 2 full bathroom home. Located in beautiful Dr. Phillips, Clubhouse Estates c... Read More
Orlando Real Estate
$574,900
3 BED
2 BATH
STUNNING DR. PHILLIPS LUXURY CONDO!!! Beautiful views of Spring Lake with amazing SUNSETS and DISNEY FIREWORKS. This i... Read More
Orlando Real Estate
$699,000
3 BED
2 BATH
Gated ORANGE TREE, POOL HOME, 3/2, pool, spa, fenced yard, garage. BRAND NEW A/C, ALL NEW FLOORING, NEW KITCHEN... Read More
Orlando Real Estate
$479,000
4 BED
3 BATH
Location, Location, Location! Zoned for Windermere High School. Cypress Chase is an exclusive Gated Community! This is... Read More
Orlando Real Estate
$405,000
3 BED
2.5 BATH
WELCOME HOME. This is a beautiful townhouse with lots of space at the well desired Community of Vistas at DR. PHILLIPS C... Read More
Orlando Real Estate
$659,000
4 BED
3 BATH
Multiple Offer Situation. Seller will make a decision on Monday, May 23rd at 6:00 p.m. Spectacular Home located on a qu... Read More
Orlando Real Estate
$134,900
1 BED
1 BATH
In the heart of the Vacation Capital!!! Enclaves Suites is one of the best known vacation rental investments in Central ... Read More
Orlando Real Estate
$265,000
2 BED
2.5 BATH
Beautiful upgraded 2 bedroom 2.5 bathroom condo in desirable Marabella Woods of Orlando. This beautiful condo is large... Read More
Orlando Real Estate
$625,000
4 BED
3 BATH
GREAT LOCATION! Enjoy beautiful sunsets and fireworks from your backyard overlooking a pond! Just minutes from Walt Disn... Read More
Orlando Real Estate
$507,000
3 BED
2 BATH
This Orlando one-story home offers an in-ground pool, quartz countertops, and a two-car garage. Read More
Contact Kevin Strawter

407 575 5392

Wendy Morris LLC
DBA Wendy Morris Realty
Licensed in the State of Florida
BK 3146762
16797 Broadwater Avenue
Winter Garden, Florida 34787

Your privacy is our utmost concern. We will never sell your personal information. Privacy Policy
©2011 -2022 drphillips.info - all rights reserved. | Site Map | IMPORTANT PARTS OF A HOME SALE CONTRACT | 32819 | 32836 | Dr Phillips