OFFER TO PURCHASE REAL ESTATE

 

BE IT KNOWN, the undersigned ___________________________________________ of ______________________________________________________ (Buyer) offers to purchase from _______________________ of ________________________________ (Owner), real estate known as _____________________________________________

City/Town of _________________________, County of ________________________, State of _____________________________, said property more particularly described as: ___________________________________________________________________

______________________________________________________________________

and containing ____________________ square feet of land, more or less.

 

                            The purchase price is:                                         $ ________________

                            Deposit herewith paid:                        $ ________________

                            Upon signing sales agreement:         $ ________________

                            Balance at closing:                                           $ ________________

                            Total purchase price:                           $ ________________

 

This offer is subject to Buyer obtaining a real estate mortgage for no less than;

$_________________________ payable over _______ years with interest not to exceed _____% at customary terms within ____________ days from date hereof.

 

The broker to this transaction is ________________________________ who shall be paid a commission of _______________ by seller upon closing.

 

This offer is further subject to Buyer obtaining a satisfactory home inspection report and termite/pest report within ___________ days from date hereof.  Said property is to be sold free and clear of all encumbrances, by good and marketable title, with full possession of said property available to Buyer.

 

The parties agree to execute a standard purchase and sales agreement on the terms

contained herein, within ______________________ days.

 

The closing shall be on or before ____________________ (month & day), ____ (year)

at the deed recording office.

 

Signed this _______ day of ____________________ (month), ___ (year).

 

In the presence of:

 

 

__________________________________                __________________________________

Witness                                                                     Broker

 

 

_________________________________                  __________________________________

Witness                                                                                 Buyer

 

 

_________________________________

Owner