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    Understanding Contract Timelines in Massachusetts

    December 6, 2023
    By Maggie Li
    Understanding Contract Timelines in Massachusetts

    Understanding Contract Timelines in Massachusetts

    In Arlington or Cambridge, time is truly of the essence. Missing a single deadline can cost you your deposit or your dream home.

    The Critical 'Drop Dead' Dates

    Inspection Contingency: Usually 7-10 days from the offer. You must negotiate or withdraw by this date. Purchase & Sale (P&S): Usually 10-14 days after the offer. This is when the 'real' contract is signed. Mortgage Commitment*: The date by which your bank must officially approve your loan. This is the last 'out' for a buyer.

    My Role

    I keep a master calendar for every transaction and coordinate with your attorney to ensure every 'i' is dotted and 't' is crossed.

    [[CTA]] Ready to move? Let's review the standard MA timeline so you're prepared for the fast pace of our market.