Understanding Purchasing Contracts

[Bruce Gibson]

What’s the most efficient way to understand a purchasing contract so I can help explain anything to my seller

[Eric H.]

@Bruce Gibson Greetings,

1. Read it. And then read it again. Highlight any areas that you don't understand.

2. Go over those areas with a local real estate attorney.

3. Go over those areas with a local real estate agent or broker.

4. Ask questions here on the forums about the areas you don't understand.

I don't think you want to focus on efficiency in this circumstance. The main thing is to make sure you understand what you are signing. Take as long as you need to read any contract and ask as many questions as necessary to get a clear understanding to your satisfaction.

I wish you the best!

Peace!