home purchase agreement Archives

Earnest Money Deposits: Everything You Need to Know

by David Soble | Oct 3, 2021 | Contractor Agreements, Purchase Agreements, Real Estate Law

Why Require An Earnest Money Deposit An Earnest Money Deposit, also known as a good faith deposit, comes from the prospective home buyer and it shows the buyer’s commitment to the seller that they are serious about purchasing a seller’s home. Once the...

Top Reasons to Hire a Home Inspector Before You Buy

by David Soble | Apr 11, 2021 | Land Contract, Purchase Agreements, Purchases, Real Estate Law

We’ve all been told that when purchasing a home, we should have a home inspection. It’s our opinion that it is not an option. Purchasing a home is generally the largest investment a person makes in their lifetime. Many home buyers lack the experience and...

Buyer’s Remorse: Handling Objections on a Real Estate Purchase Agreement

by David Soble | Mar 1, 2020 | Contract Law, Purchase Agreements, Real Estate Law

This question comes from Megan H., a real estate investor out of Texas who owns property here in metropolitan Detroit. She writes in to say that she is selling her property in Waterford, Michigan. Megan and the buyer are under a purchase agreement and are scheduled to...