Gainesville Fl Real Estate ~ Buyers Information
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Fl real estate index for NEFLA.COM. Our guide showcases Gainesville
homes for sale, plus, home builders, real estate agents, communities,
and real estate services and local information throughout the Gainesville,
Florida region. Home shoppers will also locate Gainesville
Florida condominiums, golf homes, country club homes, active adult
retirement communities, manufactured homes, modular housing and custom
builders who will build "on your lot".
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selection you are sure to find the Gainesville
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Tips for Buyers
helping you find the right house and making a good offer, the agent's
job is to help you understand the paperwork involved.
After your review, please note
that we can assist you in purchasing in the Gainesville, Florida area
buying a house involves a lot more than simply studying houses from
real estate ads or going to open houses. Real estate transactions are
complex, and contracts are several pages long. A typical contract is
about eight or nine pages long, not to mention the pages of reports,
disclosures, and addendums.
Things Not to Do Before Purchasing
Make No Major Purchases
Writing an Offer to Purchase Real
Do Not Buy a Car
Don't Move Money Around
Your offer is the first step to negotiating a sales contract with the
seller. So take the time to consider the seller's reaction to
everything you include in the offer because it is very important.
Unfortunately, you can't just say, "This is what I'll pay."
Since you are dealing with a large amount of money, both you and the
seller will want to build in protections and contingencies to protect
your investment and limit your risk.
Contingencies in a
Most purchase transactions are completed without difficulties.
However, keep in mind that problems can arise, and if they do you can
cancel the contract without penalty. These are referred to as
"contingencies" and you must be sure to include them when
you offer to buy a home.
Earnest Money Deposit
When you have determined your offer price, the next step is to
consider how large a deposit you want to make with your offer. The
"earnest money deposit" should be large enough to show the
seller you are serious, but not so large you are placing significant
funds at risk.
The Closing Date
An absolute necessity in your offer is to provide a closing date.
This way both you and the seller can make plans to move, and the
seller can make plans for buying his or her next home. Most
transactions do close on the right date, but do not be so inflexible
that a delay creates insurmountable problems.
Transfer of Possession
Once the deeds have been recorded, the transaction is considered
"closed." This is when you take ownership of the home.
However, it is not always possible for you to occupy it immediately.
There can be several reasons for this, but the most common is that
the seller may be purchasing a home, too. Usually, their purchase is
scheduled to close simultaneously with your purchase of their home,
but situations may arise.
As a result, it is customary to allow the seller up to a maximum of
three days to turn over actual possession and keys to the home.
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Start Packin Realty, Inc.
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