http://www.massrealestatelawblog.com/the-massachusetts-offer-to-purchase-real-estate-binding-contract/#utm_source=feed&utm_medium=feed&utm_campaign=feed Timely Commentary On Massachusetts Real Estate Law by Richard D. Vetstein, Esq. Wed, 08 Sep 2010 21:41:16 +0000 hourly 1 http://wordpress.org/?v=3.0.1 http://www.massrealestatelawblog.com/the-massachusetts-offer-to-purchase-real-estate-binding-contract/comment-page-1/#comment-2678 The Massachusetts Lis Pendens: A Real Estate Litigator’s Best Friend Or Worst Enemy | The Massachusetts Real Estate Law Blog Sun, 13 Jun 2010 23:06:14 +0000 http://www.massrealestatelawblog.com/?p=471#comment-2678 [...] the Massachusetts Supreme Judicial Court held in 1998 that the standard Greater Boston Real Estate form Offer To Purchase is a binding contract, buyers have used the lis pendens with great success against sellers who [...] [...] the Massachusetts Supreme Judicial Court held in 1998 that the standard Greater Boston Real Estate form Offer To Purchase is a binding contract, buyers have used the lis pendens with great success against sellers who [...]

]]> http://www.massrealestatelawblog.com/the-massachusetts-offer-to-purchase-real-estate-binding-contract/comment-page-1/#comment-2446 Ryan Thu, 13 May 2010 23:29:32 +0000 http://www.massrealestatelawblog.com/?p=471#comment-2446 In a situation where after the inspection, issues arise where the buyer wants to offer less money for the home. Does the original offer become void? And if so can't the seller back out? In a situation where after the inspection, issues arise where the buyer wants to offer less money for the home. Does the original offer become void? And if so can’t the seller back out?

]]> http://www.massrealestatelawblog.com/the-massachusetts-offer-to-purchase-real-estate-binding-contract/comment-page-1/#comment-2323 $8,000 Home Buyer Tax Deadline Expires Today: You Need A "Binding Contract" | The Massachusetts Real Estate Law Blog Fri, 30 Apr 2010 09:55:26 +0000 http://www.massrealestatelawblog.com/?p=471#comment-2323 [...] process. Unfortunately, there’s been no formal IRS guidance. There is case law that the standard form Greater Boston Real Estate Board Offer to Purchase is a binding agreement. But all offers are different, and some may have special contingencies (see, [...] [...] process. Unfortunately, there’s been no formal IRS guidance. There is case law that the standard form Greater Boston Real Estate Board Offer to Purchase is a binding agreement. But all offers are different, and some may have special contingencies (see, [...]

]]> http://www.massrealestatelawblog.com/the-massachusetts-offer-to-purchase-real-estate-binding-contract/comment-page-1/#comment-2310 "under contract" for tax credit? - Real Estate -Brokers, appraisals, development, lease, investing, relocation, apartments, houses, condos, values, mortgages, loans... - City-Data Forum Wed, 28 Apr 2010 20:19:27 +0000 http://www.massrealestatelawblog.com/?p=471#comment-2310 [...] Offer to Purchase binding in MA I just realized that every state has different norms so I did more research. In MA the signed "offer to purchase" is considered a binding contract. This firm also recommends buyers have the P&S complete to make sure they get the tax credit, but there is a strong likelihood that the signed offer is acceptable. Massachusetts Offer to Purchase Real Estate: A Binding Contract | The Massachusetts Real Estate Law ... [...] [...] Offer to Purchase binding in MA I just realized that every state has different norms so I did more research. In MA the signed "offer to purchase" is considered a binding contract. This firm also recommends buyers have the P&S complete to make sure they get the tax credit, but there is a strong likelihood that the signed offer is acceptable. Massachusetts Offer to Purchase Real Estate: A Binding Contract | The Massachusetts Real Estate Law … [...]

]]> http://www.massrealestatelawblog.com/the-massachusetts-offer-to-purchase-real-estate-binding-contract/comment-page-1/#comment-2293 Do Buyers Need A Signed Offer Or Purchase And Sale Agreement For The April 30th Tax Credit Deadline? | The Massachusetts Real Estate Law Blog Mon, 26 Apr 2010 14:38:14 +0000 http://www.massrealestatelawblog.com/?p=471#comment-2293 [...] Massachusetts, there is a two-part system for real estate contracts. The parties first sign an Offer To Purchase, then about 2 weeks later, they sign a more comprehensive Purchase and Sale Agreement. Under the [...] [...] Massachusetts, there is a two-part system for real estate contracts. The parties first sign an Offer To Purchase, then about 2 weeks later, they sign a more comprehensive Purchase and Sale Agreement. Under the [...]

]]> http://www.massrealestatelawblog.com/the-massachusetts-offer-to-purchase-real-estate-binding-contract/comment-page-1/#comment-2292 Mortgage contingency deadlines need to be doable « Joe Wolvek's Boston Real Estate Blog Mon, 26 Apr 2010 13:00:14 +0000 http://www.massrealestatelawblog.com/?p=471#comment-2292 [...] for extensions.The Facts In the case, on February 12, 2008, the parties signed the standard form Offer to Purchase, which provided that a Purchase and Sale Agreement would be executed by 5:00 pm on February 26th. [...] [...] for extensions.The Facts In the case, on February 12, 2008, the parties signed the standard form Offer to Purchase, which provided that a Purchase and Sale Agreement would be executed by 5:00 pm on February 26th. [...]

]]> http://www.massrealestatelawblog.com/the-massachusetts-offer-to-purchase-real-estate-binding-contract/comment-page-1/#comment-2219 Make Mortgage Contingency Dates Workable & Don't Wait Until Last Minute For Extensions | The Massachusetts Real Estate Law Blog Sat, 17 Apr 2010 11:55:49 +0000 http://www.massrealestatelawblog.com/?p=471#comment-2219 [...] the case, on February 12th the parties signed the standard form Offer to Purchase, which provided that a Purchase and Sale Agreement would be executed by 5:00pm on February 26th. [...] [...] the case, on February 12th the parties signed the standard form Offer to Purchase, which provided that a Purchase and Sale Agreement would be executed by 5:00pm on February 26th. [...]

]]> http://www.massrealestatelawblog.com/the-massachusetts-offer-to-purchase-real-estate-binding-contract/comment-page-1/#comment-549 Doug Cornelius Wed, 09 Sep 2009 14:49:33 +0000 http://www.massrealestatelawblog.com/?p=471#comment-549 Nice summary of the offer form and its issues. Dealing with the "magic language" is always tricky. Mostly because the brokers hate seeing changes. Of course, these standard forms were created by brokers. Nice summary of the offer form and its issues. Dealing with the “magic language” is always tricky. Mostly because the brokers hate seeing changes. Of course, these standard forms were created by brokers.

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