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How Important is the Memorandum of Sale? Glow Form

How Important is the Memorandum of Sale? Glow Form

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well good afternoon everybody my name is Chris berer and it's time for a burger Point people talk about this memo of sale what what exactly is a memo of sale and why is it so important to both sides seller and buyer well first of all uh it's an information sheet that your listing agent will make up and of course it begins with the name and address of the seller name and the address of the buyer and all their content tax so which would include their email the phone number the attorneys for both sides it just makes things go easier and faster so that's why it's important to be accurate so it also has one big factor and that's the purchase price and what both parties have agreed upon now in addition to that it will have the stipulations of the sale for example might be cash down might be mortgage 20% down whatever ever it is it has that information on on there and also to the concessions mainly from the seller what they're willing to do for

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