Archive for September, 2016

What is the Due Diligence Period When Selling Your House?

Friday, September 16th, 2016

The due diligence period is a designated number of days specified in the Purchase and Sale Binding Contract. During this period a Buyer may have any and all inspections (or not) they choose. These could be Home, Pool, Termite, Radon, Mold, Stucco, Roof and more. After such inspections the Buyer has the opportunity to negotiate […]

What to expect once we accept an offer on our house for sale (aka, Purchase and Sale Agreement, PSA)?

Friday, September 9th, 2016

First off, an offer will tell you the terms of the contract. Purchase Price, Closing Date, What Closing Costs Seller Shall Pay (if any), Amount of Earnest Money, Closing Attorney, Due Diligence Period, Expiration of Offer, Special Stipulations. Sellers Property Disclosure, Community Association Disclosure, Lead-Based Paint Exhibit (if house is built prior to 1978), Survey, […]

Happy Labor Day

Monday, September 5th, 2016

I hope you have a safe and happy Labor Day! Phylis Simoni 404-456-2683