Few people put their house on the market hoping for a long, drawn-out process. So it can be tempting, if you put your house up for sale, to take the first offer that comes your way—especially if that ...
You found the house, made an offer, and got the good news: The seller accepted. But when you check the listing a few days later, you notice it’s still marked as “accepting backup offers.” What does ...
On both sides of a real estate transaction, the purchase offer is the first formal communication that leads to the final deal. The offer combines financial details with the nuances of negotiation, and ...
Getting an offer on your home is a big moment and possibly one of the most exciting steps in the selling process. But before celebrating, it’s important to look beyond the offer price. As any ...
A backup offer is an offer that’s submitted even though the seller has already accepted an offer from another buyer. Accepting a backup offer as a seller means you have a fall-back in case the buyer ...
An offer made to buy a home that is contingent on the sale of the buyer’s home is known as a contingency offer. There are, however, many other contingencies that find their way into an offer thus ...
A real estate listing that’s “pending” means the seller has accepted an offer on their property, but the transaction has not yet closed. “Contingent” also means an offer has been accepted, ...
Effective October 15, 2025, Massachusetts has adopted new home inspection regulations under 760 CMR 74.00 that prohibit sellers from accepting residential real estate offers containing preemptive ...
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