Real Estate
Agreement To Sell Real Estate
Pennsylvania
Acceptance of residential Real Estate Offer in Pennsylvania
Selling Agent told our Buyers Agent (i am buyer) that there was another buyer, that they would do highest & best / Best and Final offers by Sat NOON time. We provided our best and final offer by Sat at NOON. Sunday approx. 3PM the sellers agent told our buyers agent that the sellers have selected your buyers offer, it was due to removing the inspection contingency and being within 5K of the other bidder, we were very excited. We do not have a conter-signed PA real estate contract, we have an email note from the seller's agent representing the seller to our buyers agent indicating the the seller has accepted your buyers offer. My Question: the acceptance was in writing (email) and signed by sender of email - Sellers agent, specifically indicating they accepted our offer which was signed and in writing. Subsequently the sellers agent indicated when they did not sign our offer, that since they had not signed and had not signed the specific contract, that they were accepting a 2nd offer at a higher price. Any hope of wining based on the acceptance of our offer was first, it was in writing (email) and signed by sellers agent?
Answers from 1 Lawyer
Answer
Real Estate
Pennsylvania
Angela H.
ContractsCounsel verified
The agent’s email will not be enough. You will need the agreement signed by the sellers, as they are the contracting party.
881 projects on CC
People Also Asked
Real Estate
Agreement To Sell Real Estate
Georgia
buying a vacant city lot with a quitclaim deed?
hello, i am looking to purchase a vacant city lot in savannah, georgia. it was taken by the city for taxes in 1968 and sold to the current buyers in 1986. seller will only give a quitclaim deed. once i purchase the lot what is the process and cost to get title insurance? regards paul
Meghan T.
Paul, Please, please, please purchase the title insurance before purchasing the lot (if possible). This will protect you in the event of any title defects. It is normal for the owner of a lot to prefer to transfer the property via quitclaim deed, especially if the property was obtained via a tax sale. However, it may be extremely helpful to determine, in advance, if there are any title defects which need to be addressed. Are you under contract to sell the property? Please reach out to me if you have any questions. Thanks, Meghan K Thomas
Read 1 attorney answer>Real Estate
Purchase and Sale Agreement
Pennsylvania
Where do I get a purchase and sale agreement paperwork, as well as an assignment agreement document .
I'm fairly new to real estate and wanna change my families financial situation. But just need a few pointers .
Samuel R.
I can draft each of those agreements for you. I have drafted numerous property acquisition agreements as well as assignments.
Read 1 attorney answer>Real Estate
Options Contract
Pennsylvania
Can you draft a real estate option agreement that is legal in PA and NY?
Hi, My name is Shawn Mallett. I am a real estate marketer and seller that is not real estate salesperson licensed. Can you confirm whether or not it is legal for me to utilize an option to purchase contract with a seller/wholesaler with the intention to sell and assign the contract (with the seller knowing this intention) rather than the intention to close on it myself? How much would you charge to confirm the legality of the following contract in both PA and NY and make the appropriate changes if needed? Option to Purchase Real Estate Agreement Date: 06/21/2021 This option agreement is entered between the Parties, Optionor(s) and Optionee(s), below in consideration of and subject to the following terms and conditions. 1. Parties ________________ and/or assigns as Optionee and _________________ as Optionor. 2. Property located in the Town of _________, County of _________, state of _________, to wit: Lot: ___________ Grid Number: ____________ 3. Offer: Optionee has the option to purchase this property at a price of __________________. 4. Period: 3 Years (1,095 days) 5. Terms and Conditions: ‐ Optionor understands that Optionees’s intention is to find an End‐ Buyer and assign this option agreement to that End‐Buyer for a fee (paid by the End‐Buyer). ‐ Optionor understands that Optionee is acting as a principal in the transaction and is not working as a licensed real estate broker representing anyone in the transaction. ‐ Upon Optionee’s decision to exercise this option, both parties agree to move forward with the necessary standard purchase and sales agreement. ‐ Optionor may cancel this agreement at any time if they find their own End‐ Buyer or decide not to sell. This cancellation must be done in writing. ‐ Optionor agrees to allow Optionee to advertise the property for sale. ‐ If Optionee does not acquire an End‐Buyer to assign this deal to within 3 years (three year) of acceptance of this Option Agreement, this agreement becomes null and void. ‐ All parties agree that property is sold in “as is” present condition unless noted otherwise. ‐ Time is of the essence in this agreement. OPTIONOR:____________________ DATE: 06/21/2021 OPTIONEE:__________________________________________________________________DATE: 06/21/2021 Thanks.
Real Estate
Mortgage Loan Agreement
Pennsylvania
If I am separating with someone I co-own a house with, not married, are there any repercussions to me moving out of the house before we have a signed agreement?
I bought a house with my boyfriend, we are now breaking up. We built the house and moved in in October 2022. It's too soon to sell and make money off of it. I am willing to move out, but I want the cash that I initially put into the house during settlement. We are attempting to come up with an agreement, which I would like an attorney to review before I sign.
Ryan W.
Whether there are any repercussions depends upon the circumstances surrounding your purchase. For example, whether or not a mortgage exists can affect the situation. If you are on the mortgage, it would not matter what agreement you sign with your boyfriend, you are still on the hook for the mortgage unless you can negotiate with the lender to remove yourself from the mortgage. It may require your boyfriend to refinance. You are certainly making the right move by having an attorney review any agreement between you and your boyfriend. You just need to consider the third-party lender and how that may also affect you.
Read 1 attorney answer>Real Estate
Real Estate Sales Contract
Pennsylvania
This is a very insignificant question but one that I cannot find an answer. On the PAR Agreement for the Sale of Real Estate there are numbers listed in parentheses after each section, such as, Purchase Price and Deposits (4-14). Are the numbers referencing something? What is the significance?
I am a trainer here in the Northeast and assisting our internal team players to understand a contract and pull information that is pertinent to their transaction.
Vicki P.
I would need to see the agreement so I could know what you mean.
Read 1 attorney answer>
Quick, user friendly and one of the better ways I've come across to get ahold of lawyers willing to take new clients.
View Trustpilot ReviewAsk a Question
Pennsylvania Real Estate lawyers by city
Contracts Counsel was incredibly helpful and easy to use. I submitted a project for a lawyer's help within a day I had received over 6 proposals from qualified lawyers. I submitted a bid that works best for my business and we went forward with the project.
View Trustpilot Review
I never knew how difficult it was to obtain representation or a lawyer, and ContractsCounsel was EXACTLY the type of service I was hoping for when I was in a pinch. Working with their service was efficient, effective and made me feel in control. Thank you so much and should I ever need attorney services down the road, I'll certainly be a repeat customer.
View Trustpilot Review
I got 5 bids within 24h of posting my project. I choose the person who provided the most detailed and relevant intro letter, highlighting their experience relevant to my project. I am very satisfied with the outcome and quality of the two agreements that were produced, they actually far exceed my expectations.
View Trustpilot Review