If financing was a condition of the sales contract, the buyer must go to a local financial institution to request and secure financing for their home. This is usually referred to as a „mortgage“ and may require up to 20% for a count with other financial commitments, depending on market conditions. Now that you have published your property for sale, you are receiving requests. It is essential that you keep an eye on your emails and accept/return all incoming calls. People will contact you, ask different questions about the house and finally ask to visit the property. Showing your home can be a bit difficult, especially if you have other family members in and out of the apartment. However, it`s important to realize that the more people see the house, the more likely you are to receive an offer. Follow the guidelines below to improve the quality of your demonstrations: the presentation of the contract for the sale of real estate makes it easier to establish the contract for the purchase of a legal home. If you are a private seller who wants to protect your business interests, if you are selling your home, you can use the template for the conclusion of the contract. The contract is necessary if the private seller plans to finance the property for the home buyer. It can define the promise of payment to which both parties agree, so that all the responsibilities of the party are clear and legally binding.

A supplement is usually added to a sales contract to describe a contingency contained in the agreement. An eventuality is a condition that must be met, otherwise the terms of the comprehensive agreement may not be valid. Treuhandservice: Escrow is a neutral third party responsible for holding funds during the purchase transaction. Serious money deposits are usually deposited on Treuhand. Escrow offers protection to both parties as long as the contractual risks are still outstanding. For example, a buyer could deposit their serious money deposit in trust until a home inspection is complete, and be sure that if there are problems with the inspection and the buyer decides not to proceed with the contract, he or she will recover the serious money deposit from the fiduciary party…