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Tag: GCAAR Regional Sales Contract

Sellers should consider an appraisal addendum

Written by Federal Title on 2013-09-05.

As we are again finding ourselves in a competitive market, with sellers in many cases receiving multiple offers, one issue that has re-surfaced is the concept of “waiving the appraisal contingency.” What does this mean to a buyer...

The bait ‘n’ switch continued…

Written by Federal Title on 2013-08-27.

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...

Buying a newly renovated house

Written by Federal Title on 2013-02-15.

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...

Agents can define ‘settlement costs’ in sales contract to protect clients

Written by Federal Title on 2013-01-02.

A closing at Federal Title last week resulted in a dispute between the buyer and seller over the definition of “settlement costs” that could have been avoided had the GCAAR Regional Sales Contract better defined the term. I’ll...

Changes in store for GCAAR Regional Sales Contract

Written by Federal Title on 2011-11-08.

The GCAAR Regional Sales Contract is widely accepted and used in the Washington, DC metro area as the standard real estate sales contract. As of January 1, 2012, some changes are going to alter the contract significantly. In response to...

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Tag: GCAAR Regional Sales Contract

Sellers should consider an appraisal addendum

The bait ‘n’ switch continued…

Buying a newly renovated house

Agents can define ‘settlement costs’ in sales contract to protect clients

Changes in store for GCAAR Regional Sales Contract

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