A purchase agreement is a legally binding contract that spells out the details of a real estate transaction. Homebuyers and sellers typically sign a purchase agreement shortly after negotiating the ...

In August, 15.2% of home purchase agreements fell through, similar to 15.5% in July, according to a new report from Redfin. The average mortgage rate reached 6.7% last week, up from 3.3% heading into ...

The Texas Business Court has made it clear that in order to satisfy its amount in controversy jurisdictional threshold when only unpaid royalties are sought under a breach of contract claim, the ...

Deals are falling through as buyers grow selective and the reality of high housing costs hits home. Nearly 56,000 home-purchase agreements were canceled in June, equal to 14.9% of homes that went ...

Construction relationships are usually governed by multiple contracts, such as various form AIA contracts, addenda, real estate purchase contracts, and financing agreements. Scores of different ...