Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What does it take for a home seller to lock a deal and create a binding sales agreement with a prospective buyer?

0
Posted

What does it take for a home seller to lock a deal and create a binding sales agreement with a prospective buyer?

0

Minimally, a signed Offer To Purchase Agreement containing the names of the Seller and Buyer, a description of the property (i.e. address), the purchase price, a closing date, the tender of some consideration (i.e. a good faith deposit), signatures of the parties, and a date. Additionally, the parties could list conditions or contingencies on the agreement. START2CLOSING provides a simple, user-friendly Offer To Purchase Agreement which is included in the home seller package which is provided to all START2CLOSING clients.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.