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Legal Mistakes Home Sellers Should Avoid

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Legal Mistakes Home Sellers Should Avoid

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  1. Legal Mistakes Home Sellers Should Avoid In the real estate market, it is very crucial to understand all legal requirements before you sell your property. It is best to hire a real estate agent who is well versed with all real estate laws and regulations as they can help you comply with  laws of the land & guide you throughout the process. Here are a few legal mistakes that a home seller should avoid making Agreeing to sell the home to buyer with highest offer, without considering other contractual terms. Forgetting to remove those items from the sale agreement that you don't want to sell along with the home. Not verifying buyer's financial ability to close escrow before entering into an agreement with him/her. Ignoring the need to provide disclosures that are otherwise legally required to be known by the buyer. Collecting little or no earnest money from the buyer before entering into an agreement.  www.lonestarrealty.net Lone Star Realty & Property Management, Inc. 1020 West Jasper Drive, Killeen, TX 76542 Phone: (254) 699 - 7003

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