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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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Fewer than 2 percent of homeowners build this type of home:
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| A |
Fewer than 2 percent build a custom home; most buy an older home or select from a home builder's menu. |
 See More Real Estate Trivia > |
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Ann H. Hoke
Ann Hoke & Associates
Keller Williams Realty
450 St. Andrews Dr.
Murfreesboro, TN 37128
615-397-4024
Fax: 615-427-4084
AnnHoke@NUMBER1EXPERT.com
Ann Hoke’s method of doing business is “Put clients first and do what you say you are going to do.” As a multi-million dollar producer who consistently ranks among the top 5% of her peers, she is the #1 mega-selling agent with the shortest days on the market while obtaining a 98% list to sales price ratio. Focused on educating clients on present market conditions, home values, marketing plans, and financing options, Ann will do whatever is needed to empower you to make confident and informed decisions. Ann is also known for her free staging service for sellers called StagingMagic, which enables you to get the quickest possible sale for the best price.    
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