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. Purchase and Sale Agreement.A purchase and sale agreement is a contract between a buyer and seller for transacting a property in exchange for a specific price. The Seller agrees to sell, and the Institution agrees to buy, the Collection for a total purchase price of ______ ("Purchase Price"). The Institution shall. Free Real Estate Purchase Agreement. Answer a few simple questions. Step 1 – Fill Out the Buyer and Seller Information. 1. Seller. Use our free sale and purchase agreement template, follow the guidelines below, and modify the contract in PDF Expert. PandaDoc's free simple purchase agreement template lets you create legally binding contracts for small business purchases and deals.