Real Estate Glossary



  Ratified Sales Contract

A ratified sales contract means both the buyer and the seller have signed off on the final offer. It also acts as a starting point for the loan application interview.

The ratified sales contract specifies the amount of your down payment, the price you will pay for the house, the type of mortgage financing you will seek, your proposed closing and occupancy dates, and other contingencies.

You will give all this information to your loan officer when you meet to discuss your financing options.

 

[ Back To Real Estate Glossary ]


Stephanie Smith, REALTOR,
Westfield, New Jersey Real Estate
Antique & Historic Homes
Corporate Relocation
Beach & Waterfront Properties
Coldwell Banker Residential Brokerage,
209 Central Avenue,Westfield, New Jersey 07090

Great Links:
Westfield, NJ Westfield Today
Westfield, NJ Historic Society
Westfield, NJ Chamber of Commerce Westfield, NJ Trader Joe's Westfield, NJ Starbucks
New York City Historical Society
Attention Horse Lovers!


Find Your Dream Home | My Listings | Recent Sales | Click for Info | Market Analysis | GardenState MLS | Important Area Links | Important Numbers | Weather Report | Resources & Links | Staging Suggestions | About Me | Contact Stephanie | Blog | Corporate Website | Mortgage Calculator | Mortgage Rates | Real Estate News | Dining & Shopping | Recent Homes Sales | HGTV | Home

Real Estate Websites by iHOUSEweb, Inc. ®

Site Admin Menu