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Page1of9 REAL ESTATE PURCHASE AGREEMENT Dated: November 3, 2016, THIS REAL ESTATE AUCTION PURCHASE AGREEMENT (Agreement) is made and entered into as of the Accepted Date by and between Michael Dixon

How to fill out purchase price to be

How to fill out the purchase price to be:

1. Start by gathering all relevant information about the item or property you are purchasing. This may include its current market value, any additional costs or fees, and any negotiations or agreements made with the seller.
2. Consider the financing options available to you. If you are taking out a loan or financing the purchase, you will need to factor in the interest rate, loan term, and any down payment required. This will help determine the final purchase price and monthly payments.
3. Evaluate your budget and financial situation to determine what you can comfortably afford. Consider your income, expenses, and any other financial commitments you may have. It is important to be realistic and avoid overstretching yourself financially.
4. Take into account any additional costs associated with the purchase. This could include closing costs, inspection fees, real estate agent commissions, or any repairs or renovations required.
5. Review the terms and conditions of the purchase agreement or contract. Ensure that you understand all the details, including any contingencies or special provisions. If there are any discrepancies or unclear terms, seek clarification from the seller or consult with a legal professional.
6. Calculate the final purchase price by adding up all the costs mentioned above. This will give you the total amount you will need to pay or budget for. It is important to have a clear understanding of the total purchase price to avoid any surprises or misunderstandings later on.

Who needs purchase price to be:

1. Buyers: Buyers need the purchase price to be determined to understand the total cost of the item or property they are considering purchasing. This information helps buyers determine if the purchase is within their budget and financial means.
2. Sellers: Sellers also need the purchase price to be established to negotiate the value of their item or property. It helps sellers set a fair asking price and understand the potential profit they might make.
3. Lenders or Financial Institutions: Lenders or financial institutions require a determined purchase price to assess the value of the asset being purchased. This information helps them evaluate the loan-to-value ratio and determine the maximum loan amount they are willing to provide.

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