Know your rights and obligations!

Real estate law and regulations are very complex and change from year to year. When you sign a contract for the sale of your property, it's a legally binding document. An improperly written contract can create many problems for you: a sale could fall through or cost you thousands in forced repairs, inspections, and remedies for items included or excluded in the purchase offer. Make sure you understand what repairs and closing costs you are responsible for in a contract. You must also know whether the property can legally be sold "as is" or how deed restrictions or local zoning will affect your transaction.