On both sides of a real estate transaction, the purchase offer is the first formal communication that leads to the final deal. The offer combines financial details with the nuances of negotiation, and ...

Like marriage, homebuying is one part love, one part legal transaction—and it starts with a proposal. Making an offer on a house is a major step that combines strategy, paperwork, and a clear ...

How much to offer on a house will depend on many factors: the market you’re in, the property’s list price, and how long it’s been on the market, among other details. Of course, every homebuyer wants ...

Rule 68 has a reputation of being “among the most enigmatic”[1] and “underutilized”[2] of the Federal Rules of Civil Procedure. An attorney’s failure to understand and effectively use Rule 68 could be ...

With limited inventory in the housing market, homebuyers in especially hot markets are still experiencing intense competition. To make themselves more attractive to sellers, some aren’t bothering to ...

Most states have an offer of judgment provision,[1] and many of them are patterned after Federal Rule of Civil Procedure 68. Unlike Fed. R. Civ. P. 68, some states allow either party—not just the ...

Ever since their low during the coronavirus pandemic, housing prices have been on a tear, in some cases more than doubling in just a few years. Add in some of the highest mortgage rates in decades and ...

A backup offer is an offer that’s submitted even though the seller has already accepted an offer from another buyer. Accepting a backup offer as a seller means you have a fall-back in case the buyer ...

The September 2006 amendments to Rule 4:58, the Offer of Judgment Rule did not cure the confusion regarding its applicability in the context of CFA claims. The September 2006 amendments to Rule 4:58, ...