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Since 1986
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Linda and Bob Reeder
Terms to Watch for in a Purchase Contract
When Selling Your Home in St. Louis
1. The closing date. See if the date the buyer wants to take title is reasonable
for you.
2. Date of possession. See if the date the buyer wants to move in is reasonable
for you.
3. The earnest money. Look for the largest earnest money deposit possible; since
it is forfeited if the buyer backs out, a large deposit is usually a good
indication of a sincere buyer.
4. Fixtures and personal property. Check the list of items that the buyer
expects to remain with the property and be sure it’s acceptable.
5. Repairs. Determine what the requested repairs will cost and whether you’re
willing to do the work or would rather lower the price by that amount.
6. Contingencies. See what other factors the buyer wants met before the contract
is final—inspections, selling a home, obtaining a mortgage, review of the
contract by an attorney. Set time limits on contingencies so that they won’t
drag on and keep your sale from becoming final.
7. The contract expiration date. See how long you have to make a decision on the
offer.
More Information? Have Questions?
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Linda and Bob Reeder provide St. Louis Missouri real estate information and resources in order to assist home owners and home buyers with the process of buying and/or selling their St. Louis home or other residential real estate (house, condo or other property in St. Louis MO). Linda and Bob Reeder are top St. Louis real estate agents and will assist you in getting the best value for your purchase or sale of a St. Louis MO home. Their on-line services include free search of the St. Louis area (includes St. Louis MO homes - St. Louis houses and St. Louis condos) Multiple Listing Service (MLS) with NO REGISTRATION, Email updates on new listings as they become available, and more. They provide you the information to help you learn more about St. Louis condominiums, St. Louis houses, and other St. Louis MO real estate. Bob Reeder is a Graduate, REALTOR Institute (GRI). Linda Reeder is also a GRI and is designated a Certified Residential Specialist (CRS) and Coldwell Banker University Graduate (CBU). Additionally, Linda Reeder is also an Accredited Buyer's Representative (ABR). When you want a top St. Louis REALTOR, Linda and Bob are your best choice. Linda and Bob can help you obtain financial services, professional building inspections, assist you in maximizing your relocation benefits, advise you on how to prepare your home for sale to maximize your selling price, and make your St. Louis home buying or St. Louis home selling process go smoothly and successfully. When you need a Realtor in St. Louis MO, call us. Linda & Bob
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Copyright © 2005 Linda & Bob Reeder
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