Transform your daily workflows and Merge Offer To Purchase Real Estate

Aug 6th, 2022
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How to Merge Offer To Purchase Real Estate

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in this video Im gonna share with you my top seven tips to help you negotiate to get your lowball offer accepted so if youre thinking about writing an offer on a property and you want to save some cash then this is the video for you hows it going everyone my name is Matt Leighton and welcome back to another real estate video if this is your first time here consider subscribing if youre interested in helpful real estate videos and cool property tours first of all what exactly is a lowball offer well theres no exact definition for the amount of a lowball offer its an offer that is docHubly below the sales price that could be $10,000 below the sales price it could be $100,000 below the sales price basically its an offer that the seller has no business considering but in this video Im going to share with you my seven tips to help the seller consider your offer tip number one is to find out the sellers motivation the goal here is to find a seller that either is losing money th

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In real property law, all promises merge (i.e. end) on closing when the purchase price is paid by the buyer and the deed is delivered by the seller unless the agreement of purchase and sale otherwise provides, expressly or impliedly, or unless a new agreement is made by the parties.
A merger clause is a common provision that is found in many contracts. It makes clear that the written contract is the complete agreement between the parties as to a specific transaction, and any other agreement between the contract parties is superseded by the written contract.
For example, a common clause that indicates survival is this warranty (or representation) shall not merge, but shall survive the completion of this transaction. This wording means that both parties agree that the representations or warranties made shall remain in full force and effect following the closing date.
Any clause where a warranty or representation is made and states this warranty shall survive and not merge on the completion of the transaction means that whoever is making that warranty or representation is liable for that statement after closing is complete.
Unfortunately for most parties involved, no. A contract cannot survive the death of either party unless its assigned under a corporate agreement (such as stock purchase agreements)--which has its own set of issues--or if the contract is supported by consideration produced before the termination.
The doctrine of merger is that, upon completion of an agreement for the sale of land, the agreement and the parties rights thereunder are merged in the deed, so that thereafter they can no longer rely on the terms of the contract, but must look to the deed for any remedy. The basis of the doctrine is that there must
: a clause in a contract stating that the contract is a complete statement of the agreement and supersedes any prior terms, representations, or agreements whether made orally or in writing.
Merger is the absorption of a lesser estate by a greater estate, and takes place when two distinct estates of greater and lesser rank meet in the same person or class of persons at the same time without any intermediate estate.

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