Tag: GCAAR Regional Sales Contract

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...

Make him (or her) an REO offer he (or she) can’t refuse

Written by Todd Ewing on 2010-03-19.

A Real Estate Owned (REO) property is a property held by a mortgage lender or bank due to an unsuccessful foreclosure auction. In other words, the prior owner defaulted on the loan; the lender instituted a foreclosure proceeding; the foreclosure...

‘As Is’ Means As Is for Termites

Written by Todd Ewing on 2009-05-31.

“. . . All clauses in this Contract pertaining to Property condition, termites or compliance with city, state or county regulations are hereby deleted from this Contract. . . .” – AS-IS para. #3, Addendum of Clauses, GCAAR...

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Tag: GCAAR Regional Sales Contract

Changes in store for GCAAR Regional Sales Contract

Make him (or her) an REO offer he (or she) can’t refuse

‘As Is’ Means As Is for Termites

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