Buying property, Step 8
You are buying a house or condominium in Saint Petersburg. This is step number 8 in the real estate buying process. We are talking about time frames and you need to pay very close attention, because this could cost you the deal.
The moment the last party (either seller or buyer) signs the offer, you have a legal binding contract to purchase property and this day is also your effective date.
Every time frame or dead line stated in the real estate contract typically start counting on effective date. You need to know if your contract counts in business or calendar days, this will make a huge difference. Do not miss a dead line, it might mean that you are in default and the purchase contract might become null and void. So, the moment you have an effective date ask your Realtor to help you make a list of all dead lines. I do not care if you have your Realtor take care of everything or if you want to order inspections etc. yourself or if you have your lender or title company do it for you, in the end it is your home, your money, your dream and you better stay on top of things and make sure everything gets done in time. Communication between all parties is the key, (seller, buyer, Realtors, inspectors, title companies etc.) do not wait till the last moment to get things done, do them asap and leave room for errors. Trust me on this one, no matter how easy the deal looks, there is always one thing that throws you off and you want to have time left to deal with it.
Anne Hensel 727 410 7777
Step # 3 How does a buyer find a Realtor?
Step # 6 Negociating a Real Estate deal
If you think about buying or selling a house or condo in the Saint Petersburg Florida area, please give me a call. Ask me about waterfront homes or condos in St. Pete beach, Treasure Island, Madeira beach, Seminole and other Clearwater Tampabay neighborhoods. Find out what we can do to sell your home or condo and what the value of your property is. Check out great real estate deals or visit condo associations like Seminole Isle.