Here are seven terms you are likely to come across in a real estate purchase agreement, and why you need to check these provisions carefully before you sign on the dott… See more

What it is: Checking the home’s purchase price on your contract is par for the course, but you also have to cough up some money immediately, in the form of an earnest money dep… See more

What it is: “A contingency in a deal means there’s something the buyer has to do for the process to go forward, like selling a property they already own,” says Jimmy Branham, … See more

What it is: The settlement date, or “closing,” is the day when all involved parties meet to make the sale official. Buyers and sellers typically negotiate a settlement date that is mutually ag… See more