An Offer to Purchase is one of the most important documents when purchasing property. This document contains all the information about the parties involved, the property being sold, details regarding the sale, any specific conditions and also the price offered and accepted.
If you purchase a property through an estate agent, the agent will usually provide you with a copy of their own Offer to Purchase. They will then enter the information required and you're all set.
However, if you plan to purchase a property privately you will need to get your own offer to purchase document. It would be highly advisable to get a copy from a reputable source such as an attorney or a bond originator. There are also plenty of samples of these contracts available on the internet, but make sure that the offer to purchase includes all the necessary information. Errors and omissions on such a contract can cost you thousands, and the sale could be terminated costing you time, money and the property.
In another post titled 9 Essential Elements Of Legitimate "Offer To Purchase" Contracts I explain in detail what should be included in such a document to make sure each party is sufficiently covered and that no important details are left out.
Should you need a blank offer to purchase, simply apply for your home loan on this site and our consultants will gladly send you a contract to use.
