There are primarily two types of Real Estate Contracts which are used in Florida to purchase a property. There is an As Is Contract and the other one is referred to as the Standard Contracts. Understanding the the difference between the two is important because you may want to use the As Is Contract or the Standard contract depending on your circumstances. Your Real Estate Agent will be able to walk you through both contracts to help you decide which one to use.
The current trend we are seeing in the Tampa Bay area is the use of the As Is contract.
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