Contract Basics for Buying A Home in Maryland and Virginia

We have sold hundreds of homes for buyers from all parts of the United States and many other countries. In doing so, we have learned that contracting customs differ widely from area to area. We offer the following as a guide to the contracting customs and requirement in the Maryland and Virginia market.

Unlike many parts of the country, your real estate agent will have a lot of control over the contracting process until the sale is settled or closed. Once you have selected your home, we will write the contract using the standard board approved contract forms. These forms have been approved by the attorneys for the real estate commissions in Maryland and Virginia.

Contracts For Resale Homes


Lovely In-Town Homes in Baltimore
and Alexandria

Only written contracts are enforceable. We will write the contract for you, explaining each paragraph thoroughly. The contract covers many procedures and contingencies, such as:

  • Price
  • Earnest money deposit
  • Settlement date
  • Financing description
  • Seller's concessions, if any
  • Property condition disclosure or disclaimer
  • Lead based paint disclosure
  • Home/Radon inspection contingency
  • Settlement attorney
  • Special location disclosures
  • Homeowners Association disclosures, if any

That probably seems like a lot of documentation and compared to some other parts of the country, it is. But, in Maryland and Virginia, all terms and conditions are in writing and the document must be signed by the buyer and seller to be in effect. Your real estate agent will prepare and process all parts of the contract, including: financing, inspections, settlement, and any other duties that will help your purchase and move as satisfying as we can.

New Homes Contracts

If you decide to buy a newly constructed or to-be constructed home, the builder's representative will prepare the contract. New homes contracts are different from Residential Contracts of Sale since they cover the construction schedule, option selections, site selection, etc. See our new homes page for buyers new homes service plans offered.

SITE MAP

Real Estate Guide for MD and VA - Contracts
http://www.real-estate-homes.com/

Active Listings of Homes for Sale in MD and VA
http://www.real-estate-homes.com/frameset.htm

MD and VA Demographics and Real Estate Contracts
http://www.real-estate-homes.com/county_facts.php

Meet the Homefinders.com Agents - Contract Facts
http://www.real-estate-homes.com/who_we_are.php

New Home Rebates for Maryland and Virginia - Contracts
http://www.real-estate-homes.com/new_homes.php

Mortgage Loans in MD and VA - About the Contract
http://www.real-estate-homes.com/mortgages.php

Take the Train to Work in Maryland and Virginia - Contracts
http://www.real-estate-homes.com/commuting.php

Homefinders.com Guide for Relocating Buyers and Contracts
http://www.real-estate-homes.com/relocation.php

Home Finder Hints and MD and VA Contracts
http://www.real-estate-homes.com/hints.php

Send Us Your Needs for Homes in MD and VA
http://www.real-estate-homes.com/contact.php

Local Terms for Home Buyers and About Contracts in MD and VA
http://www.real-estate-homes.com/glossary.php

Learn Your credit Score - Contract Details in MD and VA
http://www.real-estate-homes.com/credit_scores.php

Work with e-PRO Homefinders.com Agents in MD and VA
http://www.real-estate-homes.com/e-pro.php

The Most Used Loan in MD and VA is the Conventional Loan - Contracts
http://www.real-estate-homes.com/conventional-loans.php

FHA Loans For Homes in MD and VA - Contracts
http://www.real-estate-homes.com/fha_loans.php

First Time Home Buyers - MD and VA Real Estate Contracts
http://www.real-estate-homes.com/first_time.php

Get Pre-Qualified Before Writing a Contract for a MD and VA Home
http://www.real-estate-homes.com/pre_qualified.php

About Maryland and Virginia Home Inspections in the Contract
http://www.real-estate-homes.com/home_inspections.php

Interest Rates in MD and VA - Ask Homefinders.com
http://www.real-estate-homes.com/loans.php

Get a FREE One Year Home Warranty in MD and VA
http://www.real-estate-homes.com/home_warranty.php

Lead Based Paint Disclosures in Federal Law in MD and VA
http://www.real-estate-homes.com/lead_paint.php

MARC Train Between Brunswick and DC
http://www.real-estate-homes.com/marc.php

METRO Rail - Clean and Fast in MD, VA and DC
http://www.real-estate-homes.com/metro.php

Take the VRE to the Pentagon
http://www.real-estate-homes.com/vre-map.php

About Homes in MD and VA With Mold
http://www.real-estate-homes.com/mold.php

Mortgage Table for Home Buyers in MD and VA
http://www.real-estate-homes.com/mortgage-qualifying-table.php

Mortgage Information for MD and VA Real Estate
http://www.real-estate-homes.com/mortgage_facts.php

Lenders in Maryland and Virginia Ready To Help
http://www.real-estate-homes.com/mortgage_lender.php

Ask Homefinders.com About Home Price Trends in MD and VA
http://www.real-estate-homes.com/trends.php

The Contract of Sale May Include a Radon Inspection
http://www.real-estate-homes.com/radon.php

What to Expect at the Settlement Table in MD and VA
http://www.real-estate-homes.com/settlements.php

Keep the Sump Pump in Good Working Order
http://www.real-estate-homes.com/sump.php

Termites are Everywhere in Maryland and Virginia
http://www.real-estate-homes.com/termite.php

No Down Payment VA Loans in Maryland and Virginia
http://www.real-estate-homes.com/va_loans.php

Real Estate In Maryland and Virginia
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