Legal Question in Real Estate Law in Massachusetts

Purchase & Sales Extension

I am in the procees of puchasing a house and the builders file for a extesion of the purchase & sale(original date of closing July16 extended to July 29). Since that time the builders have not completed any more of the house and it does not look like they will complete the house by the required time. I have given my landlord notice and if I do not close by the end of the month, I will not have a place to live. I will also lose ny sixt day lock on my mortgage and would not be able to afford the house with the new mortgage rates. Is there any action that I can take against the builder if they do not complete the house on time?


Asked on 7/08/99, 7:30 pm

4 Answers from Attorneys
Stuart Williams

Re: Purchase & Sales Extension

Have you faxed me anything? I haven't seen it.

(617)527-1763 is my fax number.

Read more
Answered on 7/12/99, 1:59 pm
Murray Davis Law Office of Murray I. Davis

Re: Purchase & Sales Extension

I apologize for this reply being so late. A professional would not venture to render an opinion in a transaction based upon a contract (in this case your P&S) without first reviewing the contract. telephone (781) 593-7379, fax (781) 593-7348

Read more
Answered on 7/26/99, 3:13 pm
Alan Pransky Law Office of Alan J. Pransky

Re: Purchase & Sales Extension

Your rights should be defined in your purchase and sale agreement. Have an

attorney interpret your agreement.

Read more
Answered on 7/10/99, 1:02 pm
Stuart Williams

Re: Purchase & Sales Extension

Fax me the P & S agreement and I will describe your options. There may be an "equitable" remedy for your troubles under the nomenclature of specific performance.

What city or town are you in?

My fax number is (617) 527-1763.

Read more
Answered on 7/10/99, 12:56 am


Related Questions & Answers

More Real Estate and Real Property questions and answers in Massachusetts