Home Buyers Have Rights
Before you set out on the adventure of buying real estate, it’s important to understand your legal rights as a home buyer so you aren’t seduced by the misguided beliefs that surround the true guidelines of the business.
It’s up to you to learn about the different aspects of buying real estate. Things like the purchase contract, mortgage rates and above all what’s possible to anticipate so far as the soundness of the home you’re considering, as well as any monetary dealings associated with it.
It’s your responsibility to complete your preparation and realize your complete protection under the law. Your real estate buyer’s agent or attorney can help but this is an area where due diligence on your part is nicely rewarded.
Thanks to anti-discriminatory laws and regulations such as the Fair Housing Act, no property owner may refuse to accept an offer coming from any buyer based on race, creed, or color. Although some sellers do believe is that this is any sellers’ legal right. Any such behavior is often legally interpreted as discrimination regardless of what the seller may believe. Don’t let any person inform you they’ll not allow your offer to be presented. Further, any licensed real estate agent is held to an even higher standard.
It does not mean, of course, that your offer will be accepted, or even that the seller will make a counter-offer. But rejection had better not be based on discrimination.
In situations or locations where multiple offers on the same real estate for sale are not that unusual, it should be comforting for you to know that at least your offer will be presented to the seller.
Massachusetts has some peculiar laws, rules, and regulations that buyers need to know and understand. Here at Buyer’s Choice Realty we can walk you through some of theose concerns and help you find the right answers.
Ronn Huth 800 25 BUYER