An offer to buy real estate conditioned on the occurrence of one or more things before the purchaser is obligated to buy.Examples include zoning changes or the ability to secure a contiguous property. The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyr...
With the proliferation of email and texts as the primary method of communications in real estate negotiations, it was just a matter of time before Massachusetts courts were faced with the question of whether and to what extent e-mails and texts can constitute a binding and enforceable agreement ...
When you’re ready tomake an offer, yourreal estate agentwill likely show you the sale history of properties nearby to help determine the home's approximate value compared to the rest of the market. “I like to look at the last six months of houses that have sold in the same ...
offer will be made if a specific condition is met. Conditional offers are used in real estate transactions when a buyer’s offer on a home is contingent on something getting done for the purchase to go through. In other words, something has to occur before a sales transaction is finalized....
1. Make Your Home Buyer Purchase Offer Letter Stand Out: Real estate offer letters are becoming more common among buyers, which means you need to find a way to make yoursstand out from others.Think of it as a resume. A fantasticletterwith attention-grabbing fonts is going to attract more...
If the cash-offer financing company and the lender are separate, you’ll be asked to show a preapproval letter from a lender to be verified by the company. 3. Find an experienced real estate agent Next, you’ll want to find a real estate agent who’s experienced with cash-offer ...
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A conditional offer may work for those who need to sell their current property to buy new property, but don't feel ready to do either one first. If this is the case, advice from a knowledgeable real estate agent is a must to be sure that this method is the best choice. A buyer who...
Make the real estate offer letter short, using a tone of honesty and sincerity. Telling the seller your entire life story may make that person lose interest early and cause them to skim or not read the rest of the letter. Three or four concise paragraphs that include what youlike about th...
Billionaire Bill Ackman’s investment vehicle Pershing Square has offered to buy the remainder of real estate developer Howard Hughes for $85 per share, driving its stock higher.