ADAM GARRETT

In this article I'll be going over the option for a buyer to possess a property prior to closing, specifically sharing the buyer possession agreement most typically used in Hampton Roads, VA. This document is different than a limited possession agreement and a seller possession agreement .

A first right of refusal, also known as a "kick-out clause" is a way to protect the seller when the buyer has a significant contingency that is unusual, such as a home sale contingency. Below I'll be sharing the main form on the subject used in Hampton Roads (in addition to the main picture above) as well as when to use one. When to Use a First Right of Refusal I typically don't recommend that buyers initiate 1st right of refusals, but acquiescing at times to seller requests

In this article, I'll be sharing some common home inspection addendums in SE VA. Most images are courtesy the Real Estate Information Network. Where are REIN Forms Typically Used in SE VA? Here are the locations where REIN forms are typically used: The areas with the lowest % of REIN forms also have the highest % chance of other forms being used. Where are VR Forms Typically Used in SE VA? Here are the locations where VR forms are typically used: The areas with the lowest % o

Here I'm sharing the document used primarily in Hampton Roads for seller possession agreements in locations where REIN MLS is the primary MLS . What is it? A seller possession agreement for a seller, informally known as a “rent back” for the seller, is where buyer & seller close on a property, and for a certain time period, i.e. a week, a month, or a few months, the seller doesn’t vacate the premises. It’s most often done when the seller plans to purchase a home and the funds

While not fully comprehensive on all responsibilities, deadlines, & Inspector options, I've developed a resource to provide a brief synopsis of some of the main items to focus on. To use this spreadsheet most effectively, it's important to keep in mind the following:

The dominant Hampton Roads offer for residential real estate is the Real Estate Information Network Standard Purchase Agreement, dominant in any area where REIN MLS is dominant . In this post, I wanted to share the latest version of it as of 4/25/25, in its simple form, so that buyers and sellers have it available to read through if desired before making an offer or receiving one. I also wanted to provide some additional associated resources.