Offer to Purchase Vacant Unimproved Land

State:
Multi-State
Control #:
US-01237BG
Format:
Word; 
Rich Text
Instant download

Description Offer Real Estate Form

A contract is based upon an agreement. An agreement arises when one person, the offeror, makes an offer and the person to whom is made, the offeree, accepts. There must be both an offer and an acceptance. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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Offer To Purchase Land Other Form Names

Offer To Purchase Land Contract   Purchase Agreement Vacant Land   Offer Real Estate   Land Purchase Contract   Offer Purchase Land   Offer Real Estate Agreement   Offer Purchase Vacant  

Offer Purchase Land Contract FAQ

You may try to negotiate a lower price upon review of the current title of land for sale.Either the seller or buyer (even both) may order an appraisal. Ask the appraiser for a like property analysis, Veissi suggests.

You may try to negotiate a lower price upon review of the current title of land for sale. In reviewing the property, look at the vesting deed (available from the county clerk's office) and the appraisal, advises Veissi. Real estate property interests are usually conveyed by a deed.

For land buyers, a good rule of thumb is an offer at least 80 percent of the list price to ensure a positive response from the seller, Stout advises. A lot of people will bring up, 'Oh, well, the property has been on the market for a long time,' she says. As a test, these buyers will lowball an offer.

That the land can pass an environmental test. The land is able to get a septic system permit. That there's an up-to-date survey that shows the correct boundaries and parcel size, as well as any possible easements or encroachments.

The Property Buyer and the Property Seller. Description of the Property. Purchase Price. Financing. Offer Expiration Date. Earnest Money Amount and Terms. Investigation Period. Contract Contingencies.

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Offer to Purchase Vacant Unimproved Land