The contract has an “inspection contingency,” generally in paragraph 14, which gives the buyer the right to retain a home inspector to inspect ALL portions of your home.  Almost always the buyer will retain a home inspector who will prepare a written report describing many supposed repairs that should be made to your home.  The buyer’s attorney will then ask that these repairs be made or that you provide the buyer a significant reduction in the purchase price of your home.  Your realtor will NOT, and should NOT, negotiate with the buyer’s attorney regarding the buyer’s demand for such repairs or a reduction in the purchase price.  You need Charles Siragusa on YOUR side to vigorously represent your interests when he responds to the demands of the buyer’s attorney – some of which will be unreasonable or improper.

The contract has a provision, generally in paragraph 13, which allows the buyer’s attorney to request modifications to the contract.  Almost always the buyer will retain an attorney who will seek modifications to various provisions in the contract.  Your realtor will NOT, and should NOT, negotiate with the buyer’s attorney regarding any contract modifications that the buyer’s attorney will request.  You need Charles W. Siragusa to protect you from unreasonable or improper modifications to the contract requested by the buyer’s attorney.

Frequently, events will occur that are the fault of the buyer or his lender which could delay the closing.  The buyer may not be providing all of the necessary documents to his lender to obtain the mortgage loan by the closing date.  The buyer’s lender may not be moving promptly to provide the buyer’s mortgage loan by the closing date.  You need Charles W. Siragusa to make sure that the buyer is doing everything needed to obtain his mortgage loan and the buyer’s lender is moving promptly to have the mortgage loan ready on the closing date.

There are deadlines in the contract that the buyer must comply with if the transaction is to close on the closing date in the contract.  Frequently, the buyer’s attorney will ask for extensions of these deadlines, such as the mortgage or inspection contingencies in the contract.  You need Charles W. Siragusa to help you decide if you should agree to the buyer’s request for an extension of the mortgage or inspection contingencies.