Tag: contract

small dog in moving box

Rent-back agreements: Perks & Pitfalls

While rent backs are popular in our current low inventory market, they can subject both the buyer and seller to unexpected risks. We’ve put together a Quick Guide that overviews some of the perks and pitfalls of the post-settlement occupancy...

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The bait ‘n’ switch continued…

In Part 1, we looked at a scenario where a purchaser (Offer B) was attempting to switch from an “all cash” purchase to using lender financing under the GCAAR Regional Sales Contract, after the contract had been ratified. We concluded...

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Buying a newly renovated house

I am putting in an offer on a recently renovated house and I am not sure the sellers got permits. Is there a way to protect myself in the contract? Buying a newly renovated house is always an adventure. What do you ask for and what don’t...

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