Clean Contracts
“Clean” is a term that is often used to describe an offer on a house. A “clean offer” does not refer to the price of a house; it refers to the terms of the agreement. As a buyer, if you really want a particular house the “cleaner” you can make the offer, the better it will be received by the seller.
What are the characteristics of a clean contract? A contract is clean when the buyers are paying cash, or they are clearly qualified for a mortgage, the sale is not contingent on a sale of another property, the buyers are not asking the sellers to carry any financing back on the purchase, or maybe the closing is flexible to match the sellers needs.
A clean contract doesn’t have any unusual requests for repair. A clean contract has a competitive edge if you are offering less than full price or if there is more than one offer to be considered.
We have learned this information through years of experience. However, we are sure your situation might be different. That's why WE ARE HERE. It is our job to personally advise home buyers and sellers. Ask us if any of the information here applies to your situation.
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