Washington DC, Columbia Heights, 16th Street Heights and Takoma Park real estate and homes for sale in District of Columbia - The Levy Team, REALTORS® The Levy Team REALTORS(r) for Washington DC, Columbia Heights, 16th Street Heights and Takoma Park, District of Columbia real estate - NUMBER1EXPERTS™ The Levy Team NUMBER1EXPERTS(tm) for Washington DC, Columbia Heights, 16th Street Heights and Takoma Park, District of Columbia real estate
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The Levy Team, REALTORŪ, real estate agents and broker for Washington DC, Columbia Heights, 16th Street Heights and Takoma Park District of Columbia home listings, property and land for sale - NUMBER1EXPERT(tm)
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Why Buyers Choose Us: Why homebuyers in the Washington DC, Columbia Heights, 16th Street Heights and Takoma Park area choose The Levy Team as their Realtors
Buyer's Guide: Guide for buyers in Washington DC, Columbia Heights, 16th Street Heights and Takoma Park, from The Levy Team
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Real Estate Tips
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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Real Estate Trivia
Q 
What does the term ARM stand for?

A 
An ARM is an Adjustable Rate Mortgage, a loan where the interest rate is tied to an economic index that fluctuates with the market.
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The Levy Team, REALTORŪ, real estate agents and broker for Washington DC, Columbia Heights, 16th Street Heights and Takoma Park District of Columbia home listings, property and land for sale - NUMBER1EXPERT(tm)

The Levy Team
RE/MAX Allegiance

1720 Wisconsin Avenue NW
Washington, DC 20007
Office: 202-364-1515
Toll-Free: 800-880-8583
Fax: 202-726-2418
Email: levyteam@NUMBER1EXPERT.com
Information: info@levyteam.com

The Levy Team consists of three experienced full time Realtors(R) plus support staff and a host of skilled workmen and allied professionals. As Top Real Estate Agents serving the entire Washington DC Metro area - from Northern Virginia to Baltimore, MD including Columbia Heights, 16th Street Heights, Silver Spring, and Takoma Park real estate market - Ellen and Barry Levy and Reverend Grace Caputo offer you an impressive array of resources for ALL of your real estate related needs. We truly mean it when we say "One call does it all."

ABR CBR CRS Equal Housing MLS REALTOR


RE/MAX Allegiance real estate and homes for sale in Washington DC, Columbia Heights, 16th Street Heights and Takoma Park District of Columbia

RE/MAX Allegiance real estate and homes for sale in Washington DC, Columbia Heights, 16th Street Heights and Takoma Park District of Columbia

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