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NOLA Home Buying Tip 5 | What’s in the Contract?

NOLA Home Buying Tip 5 | What’s in the Contract?

September 11, 2013 By Crescent City Living

New Orleans Real Estate Contracts

Once you’ve found the perfect NOLA home, the next step is putting pen to paper (or finger to iPad) and writing up that first offer.Ā It can be a bit intimidating if you’ve never done it before, so here’s some of our advice about New Orleans real estate contracts.

The purchase agreement is filled with language that you may or may not have heard before, so having an opportunity to review everything that’s in it ahead of time can help you feel less stressed about signing your name on the dotted line.

That’s why we think every homebuyer should take the time to read a standard New Orleans real estate purchase agreement. Get familiar with it. Ask your agent questions about anything that seems unusual. Understand how you can get out of the deal. Know the timelines that must be adhered to. Get educated on what you need to do to remain in compliance and not put yourself at risk of a lawsuit.

Remember, the blanks will be filled in by your agent with terms designed to protect YOU, so get comfortable, grab a beverage and learn what you are signing.

Download your free copy here: New Orleans Real Estate Purchase Agreement

Filed Under: Buyers Tagged With: home buying

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