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Welcome > Local Info > Concord Township, Mentor and Painesville Township Information ...

About the Concord Township, Mentor and Painesville Township, Ohio Area

Request my Free Concord Township, Mentor and Painesville Township Relocation Package. It's packed full of useful and important information about the Concord Township, Mentor and Painesville Township, Ohio area. Don't move here without it! Remember: I'll send it to you for free and without obligation. Just fill out the form and I will send it right out...

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School Reports in Concord Township, Mentor and Painesville Township, Ohio

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Schools in Concord Township, Mentor and Painesville Township

Real Estate Contracts >Purchase Agreements

Whether it consists of several pages of big type or a few pages of fine print, a real estate purchase agreement is a serious, legally binding document. In most areas, there are "boiler plate" forms that spell out what each party agrees to do by certain dates and what happens if either side breaks the contract.

The best time to familiarize yourself with these forms is when you are beginning your search. Ask the real estate agent for a copy of the purchase agreement and then review it, keeping in mind that it has the force of law. If you don't understand the document, consult an attorney. If there is a dispute between buyer and seller, a court will hold you to what the purchase agreement specifies, not what you thought it meant or what you thought the real estate agent said it meant.

There are several key points you should be clear about. What are the deadlines for loan application and obtaining financing? If you decide to back out because of the structural inspection report, can you do that? Do appliances convey? When will the closing take place? If you understand these clauses before you find the perfect house, you will avoid a lot of stress and minimize the likelihood of misunderstandings.

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Q	What document must lenders provide within three days of receiving your application for financing?
A	The "Truth In Lending Disclosure Statement" will give you complete financial information about the loan.
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Greg Sommers, REALTOR®, real estate agent and broker for Concord Township, Mentor and Painesville Township, Ohio home listings, property and land for sale - NUMBER1EXPERT(tm)

Greg Sommers
River Oaks Homes Inc. / RE/MAX Results
7757 Auburn Road, Unit 18
Concord, OH 44077
Office: 440-358-9050
Fax: 440-357-8848
Cell: 440-478-6034
greg@riveroakshomes.net
Greg Sommer’s Agent Profile -New Construction Specialist -Condo Specialist -Relocation Specialist -1st Time Home Buyer Specialist -Vacant Land /Homesite Specialist -Up to date with all the Newest Technology -Has An Entire Team that is Dedicated to You -Able to Find Great Financing Options -Will Work Hard for you from Beginning to End!

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