I’ve heard several reasons for a buyer to back out of a deal – But not this one
Boston Condos for Sale and Apartments for Rent
I’ve heard several reasons for a buyer to back out of a deal – But not this one
I probably should have posted this Boston real estate blog post in October, but better late than never.
So here’s a true story how a homebuyer was able to back out of a home purchase. If this story was turned into a question on my Boston, Massachusetts brokers real estate exam, I may have gotten it wrong.
This is a story how Helen Herdman Ackley’s spirited account of the ghostly companions residing in her family home – that came back to haunt her when her home buyer got spooked. The now-famous lawsuit called “Ghostbusters case” determined that failing to disclose that a house is haunted might be a legit reason for a buyer to back out of a deal.
Real Estate and the bottom Line
This story took place on New York – not in Salem, Massachusetts.
Boston Real Estate Blog Updated 2023
Updated: Boston Condos 2023
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