A purchase agreement is a legally binding contract that spells out the details of a real estate transaction. Homebuyers and sellers typically sign a purchase agreement shortly after negotiating the ...
Even with a signed purchase agreement, buyers must navigate a series of steps — and potential pitfalls — before the keys are finally in hand.Photo courtesy Getty Images. The Silicon Valley Association ...
A buyer can back out of a home purchase even after signing a contract if all agreed-upon contingencies are not met. Common ...
When you’re working in an online document, the “undo” function can be an invaluable tool. So can a contingency clause when you’re looking to buy or sell a home. Real estate contingencies provide a way ...
If you are in the home buying market, you might see the letters “BAA” floating around and wonder what that means. There can be a lot of paperwork involved with the homebuying process, but let’s get ...
LOS ANGELES (AP) — The latest sign of trouble in the U.S. housing market: A pickup in home purchase agreements falling through before they’re finalized. Some 6% of pending contracts to buy a home were ...
Adam Leitman Bailey and John M. Desiderio explain how New York courts decide whether a buyer’s or seller’s failure to meet a real estate contract obligation is a “material” breach that justifies ...