Continue reading Closing Cost: Larry Explains the Basics.
March 2006 Archives
Understanding Open and Closed Predications
When an offer to purchase is made and the purchaser must sell a property to purchase that property the offer is referred to as a predicated offer. The predication may be what is termed an “open†predication or a “closed “ predication. An open predication permits the owner of the property which purchaser is attempting to purchase to continue to offer said property for sale, subject to a first right of refusal.
Continue reading Open Predication vs. Close Predication: Larry Explains the Difference.
