Understanding and performing paperwork

There is an increasing amount of documents and attachments that must be included in every sale.  Some closing officers are even having the parties sign an agreement that they will sign additional forms if it is discovered that that they have been accidentally omitted.

Specific disclosures can be required to be given to buyers prior to them seeing the property for the first time and others prior to entering into a contract, and still others prior to closing the transaction.    A bill of sale is generally required when personal property is included in the sale but special care needs to be taken so that it doesn’t affect the mortgage amount.

Specific types of buyer financing require specially promulgated contracts.  Understanding which sales contract to use is important to protect the rights of all parties.  It is also necessary to know what special provisions to include.