purchase and sale

Asked by David DeMarco, Boston, MA Sun Jun 24, 2012

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Territory.com’s answer
Territory.c…, Agent, MA,
Mon Jun 25, 2012
Buying a home in Massachusetts is a 2 contract process. The offer contract and the Purchase and Sale contract. In most cases the offer contract is a shorter version of the terms and conditions of the deal and the Purchase and Sale is a much longer legal document outlining the terms and conditions of the deal. the P&S is traditionally signed by bother parties between 7-14 days after the offer contract has been executed by all parties.

I hope that helps!
Web Reference:  http://territory.com
0 votes
Nina Harris, Agent, Williston Park, NY
Sun Jun 24, 2012
Are you asking if you need to sell your current residence prior to purchasing a new home? Most people do need to sell in order to purchase. Contact a mortgage broker who will review your finances and advise accordingly.

Good luck!
0 votes
Kevin Vitali, Agent, Tewksbury, MA
Sun Jun 24, 2012
Was there a question you were trying to ask David?
0 votes
Corey Sprague…, Agent, Milton, MA
Sun Jun 24, 2012
May be referred to as P&S by industry professionals. Binding contract to buy real estate. Good luck.
0 votes
Scott Godzyk, Agent, Manchester, NH
Sun Jun 24, 2012
David your question does not appear to have been finished, you can come back on and add some more detail
0 votes
Phil Rotondo, Agent, Melbourne, FL
Sun Jun 24, 2012
They are both what we help people do.
Can we help you in Braintree??
0 votes
Ron Thomas, Agent, Fresno, CA
Sun Jun 24, 2012
Purchase MUST come before SALE

You got that right!
0 votes
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