Gold Coast, Roscoe Village and Edgewater real estate and homes for sale in Illinois, Luxury, Investment - The Mike Frank Team, REALTORS® The Mike Frank Team REALTORS(r) for Gold Coast, Roscoe Village and Edgewater, Illinois real estate, Luxury, Investment - NUMBER1EXPERTS™ The Mike Frank Team NUMBER1EXPERTS(tm) for Gold Coast, Roscoe Village and Edgewater, Illinois real estate, Luxury, Investment
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The Mike Frank Team, REALTORŪ, real estate agents and broker for Gold Coast, Roscoe Village and Edgewater Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)
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Real Estate Tips
Real Estate Contracts >Purchase Agreements

Whether it consists of several pages of big type or a few pages of fine print, a real estate purchase agreement is a serious, legally binding document. In most areas, there are "boiler plate" forms that spell out what each party agrees to do by certain dates and what happens if either side breaks the contract.

The best time to familiarize yourself with these forms is when you are beginning your search. Ask the real estate agent for a copy of the purchase agreement and then review it, keeping in mind that it has the force of law. If you don't understand the document, consult an attorney. If there is a dispute between buyer and seller, a court will hold you to what the purchase agreement specifies, not what you thought it meant or what you thought the real estate agent said it meant.

There are several key points you should be clear about. What are the deadlines for loan application and obtaining financing? If you decide to back out because of the structural inspection report, can you do that? Do appliances convey? When will the closing take place? If you understand these clauses before you find the perfect house, you will avoid a lot of stress and minimize the likelihood of misunderstandings.

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Real Estate Trivia
Q 
Where is the world's largest dome?

A 
The Louisiana Superdome, with a diameter of 680 feet, is located in New Orleans, Louisiana.
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The Mike Frank Team, REALTORŪ, real estate agents and broker for Gold Coast, Roscoe Village and Edgewater Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

The Mike Frank Team
Keller Williams Lincoln Park

2106 N. Clark St.
Chicago, IL 60614
Cell: 773-251-8963
Direct: 773-770-7300
Fax: 206 888-2876
Email: mikefrank@kw.com

Mike is a knowledgeable, experienced realtor and consistent top producer who puts the needs of his clients first. During his 10 years of professional experience in the consulting industry prior to obtaining his real estate license, Mike learned how to listen to his clients, quickly identify their main objectives, problems and priorities and deliver solutions that exceeded their expectations. He has been using the same approach successfully with his real estate clients for almost 10 years. Mike utilizes his extensive market knowledge, cutting edge technology, and proven negotiating skills to assist sellers and buyers in obtaining the best possible price and making their transactions smooth and worry free. Mike specializes in helping his clients buy and sell luxury condos, single-family homes, and residential investment properties in Chicago in the River North, Gold Coast, Roscoe Village, Edgewater, Lincoln Park, Lakeview, Lincoln Square, Ravenswood, Bucktown and Uptown areas. He is consistently ranked in the top 5% of all Chicago Realtors. Call Mike now for more information and expect a quick response!

Equal Housing GRI MLS REALTOR


Keller Williams Lincoln Park real estate and homes for sale in Gold Coast, Roscoe Village and Edgewater Illinois

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