Offer To Purchase Real Estate

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OFFER TO PURCHASE REAL ESTATE
BUYER’S NAME (include middle initial):
______________________________________________________________________________
SELLER’S NAME (include middle initial):
______________________________________________________________________________
PROPERTY ADDRESS: ________________________________________________________
The buyer offers the sum of $__________________
______ Seller rejects buyer’s offer but would accept the sum of $_______________
______ Buyer rejects seller’s counter offer and offers the sum of $_______________
______ The parties agree to a final purchase price of $_______________
ADDITIONAL TERMS:
1.
FINANCING: This Offer is contingent on buyer obtaining a mortgage for
_____% of the purchase price with interest not to exceed ______% (if left blank, then prevailing
rate) at customary terms and with a firm loan commitment no later than _______ days from the
Effective Date of the Contract.
ADDITIONAL FINANCING TERMS/OPTIONS (check if true)
_______
This is a cash transaction with no financing contingency
_______
Buyer attaches hereto a prequalification letter from lender
_______
Buyer attaches hereto a loan commitment letter from lender
2.
INSPECTIONS: This Offer is contingent on buyer obtaining a satisfactory home
inspection report within _______ days from the Effective Date of the Contract.
ADDITIONAL INSPECTION TERMS (check if true)
_______
Buyer hereby waives this inspection contingency
_______
Buyer does not waive the inspection contingency, but agrees that this is an
“as is” sale (seller will not be obligated to pay for any repairs or termite
treatment prior to closing)
3.
CLOSING COSTS: The parties shall pay those closing costs that a buyer or seller
would customarily pay including title insurance.
ADDITIONAL CLOSING COSTS TERMS (check if true)
______
Buyer shall pay all closing costs
______
Seller shall pay up to $_________ of buyer’s closing costs
4.
PERSONAL PROPERTY: All of the existing appliances, ceiling fans, light
fixtures and window treatments are included except: washer/dryer, _______________________.
5.
CLOSING DATE: The closing shall occur on or before _____________, 20____.
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