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 to purchase and sell real estate. In
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Discusses various approaches that are used in considering unaccepted offers to purchase real estate as evidence of valuation in eminent domain proceedings. Primary dispute between a condemnor and the owner when real property is taken for a public purpose; Significance of unaccepted offers in ...
Earnest Money Deposit in an Offer to Purchase Real Estate After you have come up with an offer price, the next step is to determine how large a deposit you want to make with your offer. You want the "earnest money deposit" to be large enough to show the seller you are serious, but ...
By having partner two purchase it, he or she can then find someone that the business partner two feels would be a great partner to work with and then sell to that person. This could potentially be at a profit, thus "flipping" the deal. However, this isn't possible because of the ...
Sellersalwayswant to sell “As Is” if possible. They don’t want to have to do repairs, to spend the time or the money to fix what may not be perfect. This is an extremely important area to research, weigh, and understand prior to drafing your real estate purcha...
Once you’ve found the perfect home, you’re now ready to begin the process of filling out an Offer to Purchase form. Though your real estate agent is a trained negotiator, it’s still important to understand the process enough to ensure that you write and develop a contract that wins. ...
Your real estate agent will be able to give you advice on what contingencies to include in the purchase agreement. Here is what a standard purchase agreement should include: Property address Offered purchase price Amount of down payment Mortgage contingency provision – Allows you to be released ...
How well your counteroffer on real estate will be received depends upon the real estate market, urgency or lack thereof of the seller, and interest of other customers in the property. The same holds true when you purchase cars, either from dealers or private sellers. You can almost always ...
an offer will be made if a specific condition is met. Conditional offers are used inreal estatetransactions 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...