Alan D. Humbert
Attorney At Law
134 Main Street
Watertown, Massachusetts
Tel. (617) 923-3500
Fax (617) 923-3441

Elements of a Buyer's Offer to Purchase Massachusetts Real Estate

The following items are issues that a buyer may need to address when completing the initial Offer to Purchase Real Estate contract form that is commonly used when an offer is made on Massachusetts property:

1). Obtain a Pre-approval letter from mortgage lender

2). Make Offer subject to review by attorney

3). Mortgage contingency

4). Building inspection contingency

5). Pest inspection contingency

6). Radon Test contingency- allow longer than for Building inspection contingency to allow for return of results from lab

7). List specific appliances and personal property to be included in sale price - if any

8). List specific repairs to be completed, or personal property to be removed by time of sale

9). Property to be delivered free and clear of all tenants and/or occupants at time of sale - if buyer intends to occupy property

10). Title V septic inspection contingency - if on private septic - seller to furnish results prior to Purchase and Sale Agreement

11). Condominium capital reserve account to be included in purchase price - if condominium

Alan D. Humbert's Home Page
List of Approved Mortgage Lenders
First Time Home Buyer Plus Program

(c) 1996-2006 Alan D. Humbert. All rights reserved.
Revised September 6, 2006