Is a New Home in Your Future?

DECEMBER 18, 2014 • WNC HOMES & Real Estate 5
Get answers to your
legal questions about real estate ...
Email your questions to [email protected]
the question:
What is an ‘Offer to Purchase’?
the answer:
Like the name sounds, an “Offer to Purchase” is the written form of a contract
to buy real property on certain terms and conditions. All contracts to purchase
real property must be in writing to be binding. Also, any lender will absolutely
require a contract before it would consider loaning money against real property. As with all contracts you can get yourself into trouble if you don’t fully
understand what you are
doing and that is why
you should always consult a Realtor or a Real
Estate Attorney before
entering into a binding
contract. Always remember as Paul Adair said:
Real Estate Closings
*Affordable *Experienced *Accessible
When your Agent or Lender asks who your
Attorney is, tell them Phillip C. Price.
828-633-2374
www.phillippricelaw.com
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should not be considered a
legal opinion between an
attorney and a client.
Call an attorney.
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Is a New Home
in Your Future?
WE CAN HELP.
Whether you’re interested in purchasing, building or refinancing a home, you’ll
find the mortgage products you need, with service you can count on, right here
in your community.
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