Amelia Island, Fernandina Beach and Nassau County Florida real estate listings, home buying, selling and relocation information

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Real Estate Contracts >Purchase Agreements

Whether it consists of several pages of big type or a few pages of fine print, a real estate purchase agreement is a serious, legally binding document. In most areas, there are "boiler plate" forms that spell out what each party agrees to do by certain dates and what happens if either side breaks the contract.

The best time to familiarize yourself with these forms is when you are beginning your search. Ask the real estate agent for a copy of the purchase agreement and then review it, keeping in mind that it has the force of law. If you don't understand the document, consult an attorney. If there is a dispute between buyer and seller, a court will hold you to what the purchase agreement specifies, not what you thought it meant or what you thought the real estate agent said it meant.

There are several key points you should be clear about. What are the deadlines for loan application and obtaining financing? If you decide to back out because of the structural inspection report, can you do that? Do appliances convey? When will the closing take place? If you understand these clauses before you find the perfect house, you will avoid a lot of stress and minimize the likelihood of misunderstandings.

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Q	What was the first territorial acquisition made by the U.S. Government?
A	The Louisiana Purchase from France in 1803 for $15,000,000 increased U.S. national territory by 140%.
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Team Werling, REALTORŽ, real estate agent and broker for Amelia Island, Fernandina Beach and Nassau County Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

"Team Werling" - Paul & Karen Werling
Prudental Chaplin Williams Realty
5472 First Coast Hwy., Ste 1
Fernandina Bch., FL 32034
Direct Line: 1-866-437-8505
Office: 1-904-261-9311
Fax: 1-904-277-4886
Cell: 1-904-556-9549
Karenwerling@bellsouth.net
Pwerling@bellsouth.net
Paul and Karen Werling have been in the real estate and mortgage lending profession for thirty years and they feel that before you put your trust and confidence in them as your Real Estate Agents, it is important for you to be familiar with their "Team", their qualifications and experiences in their profession. Both of the Werlings are Graduates of the Real Estate Institute and regularly attend classes to stay abreast of changes in their profession. Combined, their designations include Investment & Analysis Real Estate Certificate from the Commercial Investment Real Estate Institute, the "Senior's Real Estate Specialists" and "Certified Residential Specialists" and Mortgage Certification. They have a full support group, which includes two licensed REALTOR/partners, accountant, financial planner, and a mortgage lender. With PRUDENTIAL offices located throughout the state, Buyers and Sellers can be assured that:

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