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OFFER TO PURCHASE AND CONTRACT Consult Guidelines (Standard Form 2G) for guidance in completing this form For valuable consideration, the receipt and legal sufficiency of which are hereby acknowledged,

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How to fill out offer to purchase and

How to fill out an offer to purchase:

01

Begin by entering the date of the offer at the top of the document.

02

Include the full legal names and contact information of both the buyer(s) and seller(s).

03

Clearly identify the property being offered to purchase, including its address and legal description.

04

Specify the purchase price that the buyer is offering for the property.

05

Outline any earnest money deposit that the buyer is willing to provide, including the amount and the deadline for its submission.

06

Include any contingencies or conditions that must be met before the sale can be finalized, such as a satisfactory home inspection or the buyer obtaining financing.

07

Provide a deadline for the seller to respond to the offer, usually within a few days.

08

Include any additional terms or conditions that the buyer wishes to propose, such as desired closing date or repairs to be completed before closing.

09

Sign and date the offer, and encourage the seller to do the same.

Who needs an offer to purchase:

01

Anyone who wishes to legally express their interest in buying a property.

02

Real estate agents who are representing buyers or sellers in a transaction.

03

Sellers who want a formal written record of an offer made on their property.

04

Buyers who want to ensure that their offer is clear, complete, and legally binding.

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What is offer to purchase?

Offer to purchase is a legally binding agreement between a buyer and seller outlining the terms and conditions of a real estate transaction.

Who is required to file offer to purchase?

Buyers or their authorized representatives are required to file an offer to purchase.

How to fill out offer to purchase?

Fill out all necessary fields in the offer to purchase form, including property details, purchase price, contingencies, and signature of the buyer.

What is the purpose of offer to purchase?

The purpose of offer to purchase is to formalize the buyer's intent to purchase the property and outline the terms of the transaction.

What information must be reported on offer to purchase?

Offer to purchase must include property address, purchase price, down payment, financing terms, contingencies, and signatures of both parties.

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