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the successful negotiation of a purchase contract between a satisfactory buyer and seller and the subsequent ability and willingness of the buyer to close the deal, or; finding a satisfactory buyer who is ready, willing, and able to pay the full listing price (or more) for the real estate for sale without any contingencies.
If the offer is accepted by the vendor, the offer to purchase will become a contract binding on the parties when all conditions are satisfied. An alternative to a conditional sale is an invitation to treat. Unlike a conditional sale, an invitation to treat does not become binding upon satisfaction of any conditions.
Can I use a condo mortgage to purchase a vacation or investment property? The requirements for a vacation home mortgage vary, depending on the type of loan you have and the condo you buy. For ...
As may be the case with other contracts, real estate contracts may be formed by one party making an offer and another party accepting the offer. To be enforceable, the offers and acceptances must be in writing (Statute of Frauds, Common Law)and signed by the parties agreeing to the contract.
KITTERY, Maine — The Warren’s Lobster House waterfront restaurant property has been listed for sale at $4.9 million by its longtime owners, as a prior deal for a local developer to purchase ...
Exclusive-Blackstone seeks $800 million loan to finance New York office purchase, sources say ... After the deadly collapse of a 12-story condominium tower in the Surfside suburb of Miami in 2021 ...
ROFR: Abe owns a house and Bo offers to buy that house for $1 million. However, Carl holds a right of first refusal to purchase the house. Therefore, before Abe can sell the house to Bo, he must first offer it to Carl for the $1 million that Bo is willing to buy it for. If Carl accepts, he buys the house instead of Bo.
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