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Selling Residential Real Estate
Option Contracts for Buying & Selling Real Estate
Not all real estate purchase contracts involve an immediate sale. Something called an "option contract"—essentially, a contract not to revoke an offer once it’s made—can also be used to bring about the sale of real estate, though on a much different schedule than usual. ... READ MORE
Buying and Selling Mobile Homes (Manufactured Homes)
Mobile homes are a popular residential option in many states. They can be easily moved from place to place, and are typically less expensive than buying a standard brick-and-mortar home. Legally, purchasing a mobile home is similar to purchasing a manufactured (or “pre-fab”) house. ... READ MORE
How Breaches of Real Estate Sales Contracts Play Out in Residential Home Sales
A real estate purchase agreement or contract of sale contains many terms and conditions of sale. If the seller or buyer fails to comply with the terms or conditions, such as the seller failing to provide clear title to the property, that party is said to have breached or defaulted on the agreement. ... READ MORE
Can Home Purchaser or Seller Use "Specific Performance" to Enforce Real Estate Contract?
Can a home buyer or seller force a sale to close by obtaining a court order? ... READ MORE
Pros and Cons of Seller Financing for the Home Seller
Learn about seller financing and whether or not it is right for your home sale. ... READ MORE
Seller's Legal Obligation to Disclose Hidden House Defects
In most states, it's illegal for a home seller to knowingly conceal major defects from buyers, and most states have property disclosure laws covering major home components, systems, and conditions. ... READ MORE
Home Seller's Remedies When Buyers Breach Real Estate Sales Contracts
Just because property is under contract doesn't necessarily mean that the deal will close. Many situations can cause a deal to fall through, ranging from the buyer's job loss to "buyer's remorse." ... READ MORE
Considerations Before Selling a House in Michigan
Even if it’s not required, you might decide to engage a lawyer at some point in the process—for example, to review the final contract or to assist with closing details. ... READ MORE
Considerations Before Selling a House in Texas
Selling a single-family residence in the state of Texas? Here's how state law affects your obligations to buyers, paperwork you must sign, and the process for finalizing the deal. ... READ MORE
Considerations Before Selling a House in New Jersey
Learn about the laws and customs concerning selling residential real estate in New Jersey ... READ MORE
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