I’m not quite sure why these real estate purchase agreements are written in a way that the common person cannot understand them. They usually need translation into ordinary language. I am used to various types of jargon, but it makes me upset that these agreements don’t come with a translation into English for the average buyer (and the seller). When I don’t understand something, as the lady says she can’t figure out the inspection clause, I do check it out but NOT with the real estate agent. Then I write into the document what I understand the clause to mean and what agreement I am actually signing. Mortgage companies hate it when I do this, but then they have to give me plain English document. I know courts can still challenge things but at least they can see what my understanding was.
Personally, I refuse to take leaps into the great unknown with my finances especially when it’s so significant.
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