This is done with a series of steps one of which is signing the sales contract. The sales contract is a legally binding document.
If you are intimidated by signing one, you are perfectly right to feel so.
Nevertheless, as long as you make sure the information contained in the sales contract is in your best interest, then you have nothing to fear.
Here are the key pieces of information that most sales contracts will include.
? A legal and physical description of the property being purchased. The legal description is used by the county government to identify the property even if the street address changes. The legal description of the property will never change.
? The selling price and method of payment should be included. In most cases, a mortgage is the method of payment. In this section of the sales contract, there should be details about the amount of the down payment, mortgage loan, and earnest money deposit. The name of the escrow that will hold the earnest money must be included. If you have any contingencies about the mortgage, they should be listed as well.
? The closing date must be laid out. Details about when and where should be included in the sales contract.
? What's included and what's not included in the sale should be detailed. If the seller agrees to throw in appliances, it must be listed in the sales contract. Otherwise, you could end up purchasing your own appliances.
? Any warranties that are included with the home should be detailed in the sales contract. A description of the warranty should also be listed.
? If there is a well and septic, they must pass testing.
? Termite and pest inspection should be conducted. The sales contract should detail not only who will pay for the inspection, but also the party responsible for any repairs if infestation or damage is discovered.
? The exact date that the buyer will take possession of the home should be included. This date can be anytime before, at, or after closing.
? The sales contract should include the amount of time that the seller has to respond to the offer, whether it is to accept or counter the offer.
? Provision for arbitration is sometimes included.
? Either the seller or the buyer will have to pay for property insurance up until closing date. The sales contract should stipulate the responsible party.
? Any property disclosures pertaining to the house should also be included in the sales contract.
In many cases, the seller will have the sales contract, especially if he or she is working with a real estate agent. You might also want to have sales contracts on hand. You can purchase these from an office supply store like Office Max or Office Depot.
Have you considered a part-time business where you could do just one or two small side-jobs a month to make your house payment and or pay other bills? Maybe you are looking for something more than that, but hey, that is a good start!
Maybe you work at home right now but could use an extra $1,000 a month to pay the bills so you can continue to work at home in comfort the rest of the month and be able to concentrate on your work.
If so, listed below are three great ways that you can start your own part-time business and make some red-hot immediate income on the side. This is also a great way to test the waters before doing anything radical like quitting your present job and going part-time on a full-time basis.
Way back in 1991, I decided to start my own house painting business. I didn't plan on making it a part-time business but that is what it shaped itself into over the years.
You see, I only work 6 hours a day on average and I never work weekends so that amounts to only 30 hours a week that I do work. The nice part though is that I make a lot better money working part-time than I used to when I had a boss and worked 45 hours a week.
I can actually make more in a day and a half painting than I did all week long at my last regular full-time job. And I can come and go as I please. I can't get fired or get in trouble for being late either and I like that a whole lot.
Anyways, listed below are three easy to start, low-cost part-time businesses. Each one can make you a quick $300 - $500 for just a few hours work and over a thousand a week if you wish. The reason I write about these 3 businesses listed below is because I know them and they make me money. These are 3 moneymakers that I specialize in.
#1 Residential/Commercial Painting Business: If you love to paint this is a handy service you can render for the busy homeowner. Many wives won't let their husbands go near a paint brush. Many customers like having things done for them. I started my painting business for almost nothing and it gives me great immediate profits whenever I need it.
#2 Ceiling Stars Painting Business: Another good part-time business. Star mural painting done right is breath-taking. This is something new and is just getting started. Kids and teens everywhere have glow stars stuck to their ceilings. Just think if you offer families a realistic looking star mural ceiling in their bedrooms! There is no competition. If you are fascinated with the stars this is an awesome business to get into and is perfect for retirees as well as teens and college students.
#3 Drywall Repair/Finishing Business: Drywall Repair and Finishing goes hand-in-hand with painting. You can easily charge $300 - $500 doing simple small repairs like water damage and texturing. I just finished a small repair job for $335. It took me an hour and a half the first day and the second day took 6 hours. Not too bad a wage for only 7 hours work.
You can also get small jobs hanging drywall. A customer might have a basement or garage that they need drywall hung in. Then taped, finished and painted as well. You will also get asked to do the painting most of the time as well.
So there you go. 3 easy low-cost ways to start a full or part-time business. All can be started for less than $500. You can run them at 30 hours or less or turn them into a thriving empire. You can even add them all together as a home improvement business.
Both Geri Mason & Lee Cusano are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Geri Mason has sinced written about articles on various topics from Forex Software, Forex Trading Forex and Mortgage. Download 101 Free House Selling Secrets Here-with resale rights: . Geri Mason's top article generates over 27100 views. to your Favourites.
Lee Cusano has sinced written about articles on various topics from Acid Reflux, Painting and SEO Search Engine Optimization. Lee Cusano has owned his own successful since 1991. He has also helped many others to start their own painting business with his "Paint Like a Pro Est. Lee Cusano's top article generates over 18100 views. to your Favourites.