Offer to purchase form
An Offer to Purchase Real Estate can be a firm offer or a conditional offer. A firm offer means the buyer is willing to purchase the property without any specified conditions. If the seller accepts a firm offer, the transaction can be completed without further negotiation. 1. Purchase Price and Conditions of Payment The purchase price shall be _____Dollars ($_____) to be paid in accordance with subparagraph_____, below: A: Cash. The purchase price shall be paid in its entirety in cash at the time of closing the sale. B: Cash Subject to New Mortgage. Courtesy of RealtyPact. This form is the first step in any real estate deal. It is completed by an interested Buyer then presented to the Seller, stating the basic terms under which the Buyer is willing to purchase the property. If the terms offered by the Buyer are acceptable to the Seller, the Seller signs the Offer Form to begin the sale.