A purchase agreement is used by a person seeking to purchase real estate, it is used to make a formal offer. A purchase agreement includes formalities for purchasing real estate such as the amount of down payment, who will be used as escrow agent, and clarifies the rights and obligations of both the person seeking to buy, Purchaser, and the person seeking to sell, Seller. Use this document to make a formal offer, from multiple parties, to a seller on a real estate transaction.
This is a great document. I wish that I had a type of electric signature to sign the document.
batchelorent007