Making an Offer on a House in Massachusetts

In Massachusetts, the home buying process typically starts with a written offer, often using the Greater Boston Real Estate Board's standard form or a similar template.

The Offer is Legally Binding

Unlike many states, in Massachusetts the Offer to Purchase becomes a binding contract once both parties sign. Have your attorney review it before you submit.

Massachusetts is an Attorney State

Both buyers and sellers must have attorneys review the Purchase and Sale Agreement. Your attorney will be your advocate throughout the process.

Contract Breakdown

Click each section to see what it means and why it matters.

Legend:CriticalImportantStandard

Have your attorney review the offer

Many attorneys will review your offer at no extra cost. Ask yours before you submit—it's worth it.

Making an Offer

The Offer is Legally Binding

Massachusetts is an Attorney State

Contract Breakdown

§1Property DescriptionCriticalIdentifies the exact property being purchased

§2Purchase PriceCriticalThe total price you're offering for the property

§3Earnest Money DepositCriticalExact dollar amount of the deposits associated with the offer and P&S

§4Financing ContingencyCriticalProtects you if you can't secure a mortgage

§5Inspection ContingencyCriticalYour right to have the home professionally inspected

§6Appraisal ContingencyImportantProtects you if the home appraises below the offer price

§7Home Sale ContingencyStandardMakes your offer dependent on selling your current home

§8Closing DateImportantWhen ownership officially transfers to you

§9Title RequirementsImportantEnsures you receive clear ownership of the property

§10Risk of LossStandardWho's responsible if the property is damaged before closing

Have your attorney review the offer