THE AGREEMENT OF SALE
Most negotiations are conducted in writing. When the Agreement is prepared and signed, it is traditionaly accompanied by a good faith deposit made out to the Listing Broker. If the offer is rejected by the Sellers, the initial good faith deposit is returned to the Buyers and the Agreement is declared void.
All terms of an accepted Agreement are binding, so be sure to detail all of your terms in writing prior to submitting an offer to the Seller, or the Seller's Agent.

Closing costs incurred as part of the purchase will differ based on the parameters of the Agreement. Mary and Margaux will give you an estimated breakdown of your closing costs and your monthly payment before you sign an Agreement of Sale.

OBTAINING A MORTGAGE
Today's mortgage financing is as complex as it is varied, so contacting a lender even before you find a home to purchase is sometimes advised. Mary and Margaux can assist you in finding the mortgage with the best terms and the lowest rates for your individual needs.

SETTLEMENT
Settlement, an agreed upon time between Buyer and Seler, usually takes place within 30 - 90 days after the Sellers acceptance of an offer. Settlement, transfer of title, conveyance and closing are all terms used to describe the final step of your purchase.

"Mary's 20 years of successful experience in the Center City Real Estate Market cannot be matched. But more importantly, she combines the breadth of knowledge with an intensely high energy and an extraordinary zeal and integrity. The result is Mary knows all the good properties; she knows everyone in town and she knows how to match good properties and people. She's simply the Best."
- Christina Sterner, manager Baryshinkov Productions

"Mary is aggressive energetic, and efficient. She makes herself completely available to her clients, night or day. She was dogged in Selling my house and found me the condominium of my dreams."
-Carole Saline,
Journalist, Co-Author of Sisters

"We met Mary 14 years ago when we were planning to move to Center City. Thanks to her efforts and knowledge she found the right house for us then - and she repeated it earlier this year when we decided to move again - this time to a condominium on Rittenhouse Square. In all those years Mary has been an understanding friend and an enthusiastic supporter. She represents the energy and high spirits that are so vital in the current Philadelphia scene."
-Dr. Mark and Barbara Mishkin

"Enthusiastic, motivated, tireless, expert-all adjectives describes Mary Genovese Colvin, Philly's real estate maven deluxe. We've known Mary for almost 15 years and three deals, and she continues to amaze us by her diligence and devotion. Can't imagine anyone knowing more about what's available on the real estate scene. Selling or buying, we always felt we were in the best of hands."
-Dr. Gordon and Shelley Schwartz
Surgeon and Founder Breast Health Institute

"Mary Genovese Colvin is nothing less than the Best, Most Honest, and Most Competent Realtor in Center City. She works equally hard for all her clients, regardless of the dollar amount involved. She's the greatest!
-James Kephart, Esquire

"My wife and I looked for a new house for 3 years before we met Mary. We purchased the first place she showed us. Mary knows Real Estate but she really knows what her clients want!
-Ann and Howard Sacks