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Video instructions and help with filling out and completing Virginia residential sales contract 2022
Instructions and Help about Virginia residential sales contract 2022
Hello fans it's nice to see you again it's me Eric be anyway I'm going to be meaning a purchaser in about two hours and we're going to sit together for about an hour and go over a purchase contract for a property in westridge now this is an opportunity for me to share with you what a contract is and how it works in Virginia we use one document for two purposes the first purpose is it's an offer to purchase a property and as long as it's a unilateral offer to purchase that is non binding on the parties now once all the parties have agreed to every single term in that contract then it converts magically into a second type of document and that is the off that is the purchase agreement and the purchase agreement is nothing more than a set of healthy guidelines that are used during the contractor to tell the different parties because during the contract there the the paperwork is going to flow through about 80 pair of hands 80 pairs of hands who are going to touch it do something with it or who are responsible for doing some aspect of the contract so what it does is it sets up a timeline and it sets up healthy guidelines for those 80 / 80 persons who will be handling the contract so if you'd like to see a copy of a purchase contract in Virginia drop me an email at the email address that somewhere on here and I can send you a blank full set of forms that you can look over it's a great reading if you want to go to sleep at night anyway it's Eric blackwelder wishing you a great day.