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Current Selection:	All Prices	All Types	All Locations	New Selection	Sorted By: Default	New Sort
<Back to Page			Property 25 of 55 Selections

La Ventana Subdivision

$499,900 SHORT SALE!

Front exterior

Address: 7301 Costa Verde Court	City/ST: Wake Forest, NC	Zip Code: 27587
Location: Wake Forest, NC	Property Type: Short Sale	New or Resale: Resale
Square Footage: 4076	Bedrooms: 4	Bathrooms: 3 full, 4 half
MLS# 1627986

Short sale! All offers must have lender approval. This ranch home has incredible design flexibility for multiple family profiles based on designed areas. Four bedrooms with three and a half baths (fourth bedroom could also be bonus room or converted to an in-law studio with bath and kitchenette). Flex up attic with bath plumbed, flex down is future master bedroom suite. Sauna, laundry, additional bath. Smoke free and pet free.

Listing Agent and Office: Jennifer Campbell, Bronze Key, LLC

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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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Q	What mortgage transactions between borrowers and lending institutions operate in the private sector of the economy?
A	Conventional mortgages are private sector transactions that are not insured or guaranteed by the government.
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Deborah McCrae, REALTOR�, real estate agent and broker for Wake Forest, Raleigh and Garner, North Carolina home listings, property and land for sale - NUMBER1EXPERT

Deborah McCrae
World Properties International- McCrae Realty
7625 Kensington Manor Lane
Wale Forest, NC 27587
919-201-4361
Fax: 866-251-1948
deborahmccrae@NUMBER1EXPERT.com
Licensed in 1999, I, Deborah Georgetta McCrae have 10 years of successful residential and commercial real estate experience after having been a State of North Carolina employee for 19 years. I began working with Coldwell Banker Howard Perry & Walston always achieving Top Producer level, and in 2005 achieved the International President�s Elite Award, which was the second highest level one could earn.

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