Red Bank, NJ - Christine Matus, a highly rated New Jersey real estate lawyer, publishes a blog post that addresses the question of What Is The Difference Between a Real Estate Purchase Agreement and an Offer.
As the top-rated counselor discusses in the post, the response to the question pivots on the fact that while an offer is preliminary, the real estate purchase agreement must include all the details negotiated during the process of the sale.
In particular, the New Jersey real estate lawyer says: “While your real estate offer will typically be drawn up by your real estate agent using the Standard Form of Real Estate Sales Contract, the purchase agreement should be drawn up by a lawyer. The Purchase agreement may include your financing contingency, closing costs and other expenses, home inspection contingency, and closing date. It may, depending on the circumstances also include a sale of your own home contingency.”
Real estate transactions in New Jersey are known for their complex character and necessitate a great deal of diligence and know-how in order to minimize the potential for future problems.
Regarding buying a selling a home, Christine Matus said: “Purchasing or selling real estate is one of the largest financial transactions most people will make during their lifetime. But a home is so much more than just an investment. It is also the place where you raise your family, protect their future, and ensure a prosperous retirement and a legacy for future generations. By hiring an experienced New Jersey real estate attorney, you are protecting your investment and your family’s future.”
Christine Matus and her law office team at The Matus Law Group, work hard to make sure every fact of a real estate transaction is thoroughly assessed. This may, at times, include reviewing past transactions, property title, town bylaws, and the inspection documents.
The Matus Law Group and Christine Matus endeavor to treat all their clients in a way that exceeds the manner of a typical real estate attorney. Likewise, the law office prides itself on its commitment to clients, a thoughtful and caring approach to client representation, and protecting their client's rights in and out of the courtroom.
The blog post in its entirety can be viewed on the firm’s website:
SOURCE: Press Advantage [Link]
For more than 20 years, The Matus Estate Planning Law Group has been advising residents of New Jersey in all matters of estate planning and special needs planning services for both children and adults.