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Real Estate Tips
Real Estate Contracts >Clean Contracts

"Clean" is a term that is often used to describe an offer on a house. A "clean" offer does not refer to the price of the house, but to the terms of the agreement. If you really want a particular house, the "cleaner" you can make your offer, the better.

What are the characteristics of a clean contract? A contract is considered "clean" when the buyers are paying cash or are clearly qualified for a mortgage, the sale isn't contingent on the sale of another home, the buyers don't ask the sellers to carry any of the financing, and if the closing date coincides with the sellers' needs. A clean contract doesn't have any unusual requests for repairs or insistence that certain articles convey that would not ordinarily stay in the house. A clean offer has an important competitive edge if you are offering less than full price or if you are in a situation where there is more than one offer on the property.

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Real Estate Trivia
Q 
What island was sold to Peter Minuit by the Indians for goods valued at 60 guilders ($24)?

A 
Peter Minuit arrived with a group of Dutch settlers in 1626 and purchased what is now known as Manhattan.
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Roger Murray, REALTOR®, real estate agent and broker for Novi, Northville and Farmington Hills Michigan home listings, property and land for sale - NUMBER1EXPERT(tm)

Roger Murray
RE/MAX Classic

26870 Beck Road
Novi, MI. 48374
24 Hour Mobile: 248-982-7166
Fax: 866-868-4117
Email: rogermurray@NUMBER1EXPERT.com

It is my goal as your full service Realtor specializing in the Novi, Northville, Farmington Hills, West Bloomfield, Commerce, Wixom and surrounding areas, to provide you with superior service at all times. My local expertise and extensive real estate experience will benefit you whether you are serious about buying or selling a home at this time, or are a returning client checking out the many homeowner resources I offer.


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