Common Contracts for Buying a Home in MA or Selling a Home in MA
Buying or Selling a home in Massachusetts is not the easiest thing to do. As a buyer, you need to find the perfect home and as a seller you need to find the perfect price and a buyer to go with it. In either case, you will both, buyer and seller, be involved in the process of a home sale in Massachusetts. The various stages of the process involve meeting and engaging an agent, negotiating an offer to purchase, working through the home inspection and mortgage and finally reaching the closing. Like most important steps in life in the state of Massachusetts, it will involve paperwork - lots of paperwork.
At each step in the process, you will be asked to sign forms and/or contracts. Some of these are issued by the State of Massachusetts, like the Mandatory Licensee Consumer Relationship Disclosure, and the Property Transfer Lead Paint Notification. Others are issued by the Greater Boston Real Estate Board or the real estate company with which you are working. These may include Exclusive Listing Agreements or the Offer to Purchase itself depending on whether you are buying a home or selling a home.
It is a great idea to familiarize yourself with these forms in advance so that you can ask any questions or seek further information before you are in the throes of buying a home or selling a home. Give yourself a head start by reading the Avenue 3 free Kit of Real Estate forms and contracts. These kits contain the forms/contracts you are most likely to encounter in a real estate transaction in the Greater Boston Area real estate market. You will have plenty of time to understand them and learn how to they affect your home selling or home buying process.
Download one of our free kits today If you have any questions regarding these or other forms or contracts, please do not hesitate to contact us with your questions.