Tuscaloosa, Northport and The University of Alabama Area real estate and homes for sale in Alabama, Luxury Homes, Lakefront Properties - Alice Maxwell, REALTOR® Alice Maxwell REALTOR(r) for Tuscaloosa, Northport and The University of Alabama Area, Alabama real estate, Luxury Homes,  Lakefront Properties - NUMBER1EXPERT™ Alice Maxwell NUMBER1EXPERT(tm) for Tuscaloosa, Northport and The University of Alabama Area, Alabama real estate, Luxury Homes, Lakefront Properties
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Alice Maxwell, REALTORŪ, real estate agent and broker for Tuscaloosa, Northport and The University of Alabama Area Alabama home listings, property and land for sale - NUMBER1EXPERT(tm)
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Real Estate Tips
Real Estate Contracts >Should You Read Every Word

Buying a house involves a lot of paperwork. There can be several pages to the contract itself, plus the various addendum and contingencies. If you apply for a loan, there will be another stack of documents at the closing table. Although your real estate agent reviews the transaction, it is extremely important that you understand the papers you are signing.

If a dispute arises, the outcome will be governed by how the contracts actually read, not what you thought your real estate agent told you when you signed them. To avoid confusion, it is a good idea to pick up copies of the purchase agreements and closing papers ahead of time. This will allow you to read them at your leisure, without the pressure of several people waiting for you to read everything at the closing. Don't hesitate ask questions if you don't understand something or if the language is ambiguous or confusing.

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Real Estate Trivia
Q 
What is a Balloon Mortgage?

A 
A balloon is a short-term mortgage which requires the entire balance of the loan to be re-paid at the end of the loan term.
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Alice Maxwell, REALTORŪ, real estate agent and broker for Tuscaloosa, Northport and The University of Alabama Area Alabama home listings, property and land for sale - NUMBER1EXPERT(tm)

Alice Maxwell--Relocation Specialist
Advantage Realty Group

1641 N. McFarland Blvd. Suite A-1
Tuscaloosa AL 35406
205-345-0116
205-292-4546
Fax: 205-758-1831
alicemaxwell@NUMBER1EXPERT.com

"It is important to me to give 100% to every client, because I know that buying and selling a home is more than just paperwork and details. It's about realizing your goals and dreams. And when we're through, I feel I've been successful only if my clients are completely satisfied!" 2008 Realtor of the Year - Tuscaloosa

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