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When going through a real estate transaction, you will be required to use many of the Pennsylvania Association of REALTORS standard forms. These standard forms have helped to create a more uniform and orderly process for both buyers and sellers. Below you will find explanations and samples of the important forms you will be using as a buyer.
Pennsylvania Law requires all real estate licensees to inform consumers who are interested in purchasing or selling real estate to provide the Consumer Notice. This form provides a full explanation of the types of agency relationships and the duties an agent is to provide within each of those relationships.
Pennsylvania Standard Agreement of Sale
The Pennsylvania Standard Agreement of Sale is prepared by a buyer and their agent in order to put in an offer on a property the buyer is interested in. The Agreement of Sale is a standard form that allows flexibility for both the buyer and the seller. Any aspect of the Agreement of Sale that is not agreeable to the parties can be changed and initialed in the margin.
Pennsylvania Standard Agreement of Sale for New Construction
The Pennsylvania Standard Agreement of Sale for new construction is prepared by a buyer and their agent in order to put in an offer on a property the buyer is interested in having built by a builder. This Agreement of Sale for New Construction is an example of what a builder may use. This form can vary between builders.
Let the experts at Prudential Fox & Roach answer answer your questions about buying a home. This link will provide great information on every step of the process, from financing to settlement.
Ask us any questions about buying a home in our area. It's our job to help you! There's no obligation, and we promise to respond quickly... | 
Working With An Agent >Tell Your Agent
Good communication will enable you to get the best service from the real estate agent who is helping you to buy or sell a home. If you have any concerns, make them known not just to your spouse, your mother and your co-workers, but to the person who can do something about it--your agent!
Real estate sales are extremely complex transactions which involve negotiating large sums of money and turning over the largest single asset most individuals will ever own. Since the possibilities for misunderstandings are great, professional real estate agents work hard to ensure that the transaction will go smoothly. This requires clear communication between the buyers and the sellers and other agents.
Most of the breakdowns in real estate transactions result from vague or inadequate communication prior to the signing of the contract. Express any concerns that you may have and ask about anything you don't understand--the only foolish question is the one that isn't asked!
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Where would you go to enjoy a soak in the world's largest bathtub?
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The Spa Resort Hawaiians in Fukushima, Japan, offers an outdoor soaking tub that occupies a total area of 10,760 square feet and can accommodate 1,500 persons at one time. |
 See More Real Estate Trivia > |
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