Posted by Sean on January 24, 1999 at 12:06:05:
The Realtors I know all want to use their own forms and buyers get edgy when you’re not using a standard form but one of your own.
The solution is simple, get a good addendum. Whatever contingencies you need should be inserted. I include a blank space on mine to insert the property address, the date and the initials of the buyer and seller.
At a minimum make sure you have a liquidated damages clause, a “wiggle out” clause and the right to assign.