There is change in the (very cold) air. I've just come from a class with instructor George Bell to learn about significant changes to several North Carolina real estate forms. Effective January 1, 2011, all new buyer and listing forms will be in effect. What does this mean for you? Good things. IF your agent and mortgage lender fully understands the new forms. While some of the change are just wording, there are major changes to the structure of the contract, including VERY IMPORTANT DATES. As in, these dates can make the difference between you being able to get your earnest money back or not if a transaction does not work out.
I, of course, would love to help you and your friends and family with their real estate needs. But if not me, PLEASE make sure that your agent is VERY familiar with these changes. Your money and your real estate transaction depends on it!
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