From: igarber@optonline.net
Newsgroups: misc.consumers.house
Subject: Re: fsbo steps till closing?
Date: 25 Jun 2005 06:34:06 -0700
posting-account=hRquDgwAAAA0bdHI0BrjL0Vghx-yvLDY
> I'm curious though, do lots of
> people use non-standard contracts?
Main portion of the contracts are the same. But many clauses are
different. Plus, the other attorney always sends some kind of a rider
to be added to the contract or requests that some things be removed.
Mostly they have to do with extending certain deadlines, like if the
seller request mortgage commitment in 3 weeks, the buyers attorney may
request that their client gets 4 weeks. This is just one example.
In my last contract, buyer's attorney asked me to testify that there ae
no underground oil tanks anywhere near by. I responded that I have not
personally done any archeological work in the area therefore I won't be
testifying about anything of that sort.
It also depends on the market. In a hot market buyers are often forced
to accept "tough" contracts, while in a slow market it may be the
opposite. Buyers try to add such things to contracts as appliances and
outdoor furniture. I had a guy asking me to leave my TV once.
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