One of the most common and misunderstood documents used in the transfer of real estate is the purchase agreement. This document sets forth the terms in which you agree to buy or sell property. It is 8 pages of fine print, that when accepted legally binds you to what you have agreed as indicated by your signature. There are no mulligans or do overs. The question becomes "What did I agree to? The Initial Red Flags When I receive an offer on a property we are selling, the first impression I … [Read more...]