Purchaser agrees to use diligent efforts to obtain said approval and shall apply for the mortgage loan within business days after the Seller has accepted this. A purchase and sale agreement is a contract between a buyer and seller for transacting a property in exchange for a specific price.When you are finished, you can print your completed form. The court has placed the most commonly used forms on line as a resource. Please be advised that the forms detailed below are intended to be a guide. Free Real Estate Purchase Agreement. Answer a few simple questions. Download our free blank purchase agreement template in Word or PDF format: sample real estate purchase agreement template.