OFFER FOR THE PURCHASE
OF REAL PROPERTY
To __________________________
The undersigned hereby offers ___________Dollars ($ ) for the purchase of
the property located at _________________________________________and
more particularly described as:
This offer is contingent on the following terms:
1. ___________________ Dollars ($ ) shall be paid as a deposit, with the
remaining balance to be paid as follows:
2. Rents, taxes, insurance, expenses of operation and maintenance shall
be prorated as of close of escrow.
3. The seller shall furnish a policy of title insurance.
Enclosed is cashier's check #________ on _____________________________
(bank) for __________________ Dollars ($ ) representing my offer of a
deposit.
This offer is withdrawn if not accepted by ___________(date). If you do
not accept this offer on or before said date, you are instructed to
return the deposit immediately.
Title shall be conveyed by warranty deed to ___________________________
(name) and ________________________________ (name) as _________________
(joint tenants, tenants in common, etc.)
DATED:
________________________________
Signature
________________________________
Address
________________________________
ACCEPTANCE
I accept the attached offer for the purchase of real property. Receipt
of ___________ Dollars ($ ) is acknowledged as a deposit.
DATED:
______________________________
Owner
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- 12/07/07Use a 'short sale' to escape foreclosure. If you owe more than your house is worth and can't afford your payments, you might be able to sell it for less than you owe -- without having to pay the lender the difference.
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- 12/01/07 WASHINGTON - The Bush administration is working with the mortgage industry on a plan to extend lower introductory interest rates on home loans before they reset at higher levels. read more
- 10/14/07 The interest rates on some two million adjustable-rate mortgages will be reset over the next two years, according to an estimate from the Department of Housing and Urban Development, and of them, about 500,000 are expected to go into default. read more
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