Your
offer to purchase should be in writing. Verbal offers in real estate are not
enforceable. A person can say in front of a room of 100 people (perhaps thought of as
witnesses) that he or she will pay x amount of dollars for a home and the
testimony of the 100 people would not be admissible in a court of law.Saturday, January 9, 2016
Real Estate Offers Should Be in Writing
Your
offer to purchase should be in writing. Verbal offers in real estate are not
enforceable. A person can say in front of a room of 100 people (perhaps thought of as
witnesses) that he or she will pay x amount of dollars for a home and the
testimony of the 100 people would not be admissible in a court of law.
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