Buyer's must submit proof of funds either with statement for cash purchase or mortgage pre-qualification for conventional mortgage. The amount shown will be the bidder's bidding limit set on SparkOffer and cannot be exceeded during the Event unless further proof is provided.
The winning buyer will be signing a standard MA Offer to Purchase Contract.
The contract will allow for:
- 10 day home inspection contingency
- Mortgage contingency
- No-appraisal contingency
- 1,000 initial deposit
- 5% with Purchase and Sale
Closing no sooner than July 16, 2021.
There is a 5 minute overtime clock. The clock will reset to 5 minutes anytime a bid is placed with less than 5 minutes in the Event.