Offer Letter To Purchase Property
[Your Name]
[Your Address]
[City, State, ZIP Code]
[Email Address]
[Phone Number]
[Date]
[Recipient's Name]
[Recipient's Address]
[City, State, ZIP Code]
Subject: Offer to Purchase Property - [Property Address]
Dear [Recipient's Name],
I am writing to express my strong interest in purchasing the property located at [Property Address]. After careful consideration and evaluation, I am pleased to submit this formal offer to purchase the aforementioned property. I believe this property aligns perfectly with my needs and aspirations, and I am excited about the prospect of making it my own.
Please find below the terms of my offer:
1. Purchase Price: $[Offered Purchase Price]
2. Earnest Money Deposit: A deposit of $[Amount] will be provided within [Number] business days upon acceptance of this offer, to be held in an escrow account by [Escrow Agent's Name].
3. Financing: This offer is contingent upon securing adequate financing for the purchase. I will provide proof of pre-approval for a mortgage within [Number] business days from the acceptance date.
4. Inspection Period: I request an inspection period of [Number] days to conduct a thorough inspection of the property. If any significant issues are discovered during this period, I reserve the right to negotiate repairs or a reduction in the purchase price.
5. Closing Date: The anticipated closing date for this transaction is [Date], subject to adjustments if necessary.
6. Inclusions: The sale includes all fixtures, appliances, and items permanently attached to the property, as detailed in the attached property inventory list.
7. Contingencies: This offer is contingent upon the successful resolution of any legal, zoning, or environmental concerns related to the property.
8. Closing Costs: The closing costs will be divided according to local customs and applicable laws.
9. Additional Terms: Any other specific terms or conditions will be discussed and negotiated in good faith between both parties.
I am committed to a smooth and efficient transaction process and I intend to work closely with your designated representatives to ensure a seamless transition of ownership.
To indicate my seriousness about this offer, I kindly request your prompt response. Please review this offer and contact me at [Your Phone Number] or [Your Email Address] at your earliest convenience to discuss any details or to provide your response.
I understand that you may have other offers and considerations, but I genuinely believe that this offer represents a fair and competitive value for the property. I am enthusiastic about the possibility of acquiring this property and I look forward to the opportunity to discuss and finalize the terms of the sale.
Thank you for considering my offer. I am excited about the potential of making [Property Address] my new home and I am committed to working diligently to move this process forward.
Sincerely,
[Your Name]
[Your Signature (if sending a physical letter)]
Enclosures:
- Property Inventory List
- Proof of Pre-Approval (to be provided upon acceptance)
- Earnest Money Deposit details