Deciphering the FR/BAR Financing Section: A Buyer’s Perspective
By: Edward William (Ned) Hale, Board Certified Real Estate Attorney In my 16 years (and counting) of teaching the FR/BAR contract to licensees in Southwest Florida, I have often joked that, in addition to the buyer and seller, there is a third party to the contract. This party is all powerful, practically unaccountable, notoriously fickle, and, worst of all, it doesn’t even sign the contract.