8 Real Estate Contracts Investors Sign Without Reading
You sign these eight documents fast: purchase contract (price line, contingencies, deadlines), inspection addendum, and repair-request amendment. Seller disclosure (PA 68 Pa.C.S. §7301), earnest-money escrow instructions, and financing contingency/commitment. Title/survey/deed package, and post-closing occupancy or rehab agreement. Miss one deadline starting at seller acceptance and your exit can vanish. Skip escrow rules or lien exceptions and your deposit or title gets trapped. Want to keep leverage and cash predictable? Keep going. Stick around and you’ll see how. Purchase Contract: Price, Contingencies, Deadlines Because the purchase contract becomes the rulebook a judge will enforce, you can’t treat “price, contingencies, and deadlines” as boilerplate. A contract generally isn’t enforceable until all parties sign it. Those three sections decide whether you close cleanly or fund someone else’s exit. The price line isn’t just a number: it allocates taxes, prorated property taxes, H...