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Frequently Asked Questions (FAQ)

Stuck? No problem! We've compiled some of the most often repeated questions in the real estate world. Feel free to browse around and remember that everyone needs help at some point in time! If you are unable to find what you are looking for after sifting through our FAQ, please feel free to contact us. Thanks!

Interested in learning more? Take a look at www.USPropertyforSale.net's extensive guide collection! Some even written exclusively by www.USPropertyforSale.net including "Real Easy Real Estate" which has sold thousands of copies to date! You can view it, along with others, here.

Real Estate FAQ: General
Should I buy or rent?
When is a good time to buy?
What costs will come along with owning a 2nd home?
What is the difference between a REALTOR(c) and real estate agent?
What is the difference between an offer and a purchase & sale?

Answer:
The Offer is the legal document, which is signed by both parties when a buyer and seller agree on the initial terms of the sale. The Purchase and Sale is a more detailed, lengthy legal document, which is often executed after certain contingencies (such as inspection) have been completed. When either document is signed by both the buyer and seller, they constitute a legally binding agreement. Be sure to consult with your attorney before signing any legal documents.









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