Thursday, February 9, 2012

Right to Cancel

Purchasing a new home is probably one of the most its expensive items you will buy in your lifetime.

After purchasing your home and all the paperwork is done you will be going to what is generally referred to as the closing. This is where you will sign the final paperwork get the keys and the home is yours. You will notice that the paperwork that you sign is generally an enormous amount and can be an intimidating. There is no way that you can read through all this paperwork and understand it unless you have many hours to do this. Many home buyers begin to have second thoughts after signing all this paperwork. Not to worry you have three days after the paperwork is signed to cancel the agreement. The three days will begin the day after you sign the paperwork and does not include Sundays or federal holidays. This gives you some breathing space if you want to go home and review the final paperwork. You should make a appointment with a good real estate attorney to review the paperwork with you before the three days are up then you will have peace of mind and be able to enjoy your new home.

I Disclose:

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