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Real Estate f=>
Eileen M. Day realtor ss.55
PUT IT IN WRITING
Try this situation on for size. In order to “save” some money you decide to sell on your own. You advertise your house and a prospect drops by and tells you he wants the house at the price you’re asking and — asks you to please take it off the market and bold it for him for a ■ month. No papers signed, no earnest money down. This is a disaster waiting to happen. One disagreement and the whole deal is off.
As a rule, agreements for the sale of teal estate must be in writing to be enforceable. A sincere buyer (the kind a Realtor would bring you) should have no qualms about signing a written agreement which » spells out the terms, date of closing and other specifications. Any hesitation to sign such an agreement would indicate that your prospect is not really a buyer in the firs place.
In addition, the buyer should be . willing to produce a substantial amount of earnest money to be held in trust until closing. This is the LEAST you can expect when you deal with a Realtor.
If there is anything we can do to help you in field of real estate, please phone or drop in at EILEEN M. DAY, Realtor, The Clopton House, Washington, Va. 22747. Phone: 675-3400. We’re here to help.
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