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re: Purchase Agreement

Posted on 10/25/16 at 3:36 pm to
Posted by BigAppleTiger
New York City
Member since Dec 2008
10401 posts
Posted on 10/25/16 at 3:36 pm to
And if it is in Louisiana- there is a mandatory purchase agreement one must use. It can be downloaded on the LREC website. And yes, once signed it is a binding contract for both parties as delineated.
Posted by lsufan1971
Zachary
Member since Nov 2003
18535 posts
Posted on 10/25/16 at 7:51 pm to
quote:

And yes, once signed it is a binding contract for both parties as delineated.


It is different in LA. I had someone back out 10 days after signing because they decided they didn't like the house. It's really easy to get out of one. My agent gave them their earnest money back as well.
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