THE IMPORTANCE OF THE OFFER – NOT SIMPLY A FORMALITY.
The Massachusetts Offer to Purchase real estate is normally only about a one or two page document. While it may appear relatively straight forward, this is simply not the case. Significant liability can result in a real estate transaction simply by signing the Offer to Purchase, therefore, the Buyer and Seller must retain a competent real estate lawyer to protect him or her as early as possible.
Read MoreOFFER TO PURCHASE, PURCHASE AND SALE AGREEMENTS, CLOSING
For the Buyer, if it hasn’t already, the sudden reality of buying a home will definitely hit you at the closing. Along with the excitement, the deed and the shiny new keys comes a stack of paperwork. For both Buyer and Seller, it is important to understand the events leading up to the real estate closing. The most important thing either party can do to protect himself or herself is to hire a lawyer early on before an Offer to Purchase is submitted or accepted. Because a home is usually the single largest investment that anyone makes, if you are to thoroughly protect yourself, you cannot cut...
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