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The agreement describes cash options, including financing contingencies, existing mortgage handling, land contract terms, and the consequences if financing or performance fails. It also covers earnest money deposit and forfeiture, tax and rent prorations, title insurance and conveyance requirements, possession timing, risk of loss, included fixtures, and general binding conditions.",{"@graph":63,"@context":119},[64,80,102],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":41,"@type":70,"position":76},"https://docshare.wps.com/template/letters/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/sample-agreement-to-purchase-real-estate-real-estate-purchase-terms/278352/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/sample-agreement-to-purchase-real-estate-real-estate-purchase-terms/278352.png","ImageObject",442,249,{"name":88,"@type":89},"Chloe Bennett","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-27","2026-09-15",true,{"@type":98,"interactionType":99,"userInteractionCount":101},"InteractionCounter",{"@type":100},"ViewAction",13,{"@type":103,"mainEntity":104},"FAQPage",[105,111,115],{"name":106,"@type":107,"acceptedAnswer":108},"What happens to the earnest money if the offer is not accepted?","Question",{"text":109,"@type":110},"The earnest money deposit is promptly refunded to the purchaser by the broker if the seller does not accept the offer.","Answer",{"name":112,"@type":107,"acceptedAnswer":113},"What is required for new-mortgage financing under the payment terms?",{"text":114,"@type":110},"The purchaser must be able to obtain a first mortgage loan within 7 days after the seller accepts the offer, in the stated amount; otherwise, either party may terminate and the earnest money is refunded.",{"name":116,"@type":107,"acceptedAnswer":117},"What does the agreement require for title insurance and transfer at closing?",{"text":118,"@type":110},"The seller must provide a basic owner’s policy of title insurance showing marketable or insurable title and convey title by a general warranty deed free of liens and encumbrances, subject to stated exceptions.","https://schema.org",{"og:url":78,"og:type":121,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":123,"canonical":78},"index,follow",{"doc_id":125,"site_id":56},278352,1789509225,{"code":4,"msg":5,"data":128},{"doc_id":125,"user_id":129,"nickname":88,"user_avatar":130,"doc_module":9,"category_id":40,"category_name":41,"doc_title":59,"doc_description":61,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":101,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":76,"language":136,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":61,"update_tm":126,"read_time":9},962084925782,"https://ap-avatar.wpscdn.com/davatar_9964176cb1d06d4a9deccf72a44ae3dc","SAMPLE  \nAGREEMENT TO PURCHASE REAL ESTATE  \nThe undersigned (herein “Purchaser”) hereby offers to purchase from the owner (herein “Seller”) the real estate located at  123 N. Main St.  in the city of Ferndale  , County of Oakland  , State of Michigan   , the legal description of which is:   \nMain Street Gardens Lot 7  \nupon the following terms and conditions:  \n1. Purchase Price and Conditions of Payment  \nThe purchase price shall be  Two Hundred Fifty Thousand  Dollars ($ 250,000.00 ) to be paid in accordance with subparagraph B  , below:  \nA: Cash. The purchase price shall be paid in its entirety in cash at the time of closing the sale.  \nB:  Cash Subject to New Mortgage.  The purchase price shall be paid in cash at the time of closing the sale subject, however, to Purchaser’s ability to obtain a first mortgage loan within  7  days after the acceptance of this offer by Seller in the amount of $ 200,000.00 .  \nIf such financing cannot be obtained within the time specified above then either Purchaser or Seller may terminate this agreement and any earnest money deposited by Purchaser will be promptly refunded.  \nC: Cash Subject to Existing Mortgage.  The purchase price shall be paid in cash at the time of closing the sale after deducting from the purchase price the then outstanding balance due and owing under the existing mortgage in favor of   , dated  , 20  , in the original amount of $  ; of such mortgage debt is approximately $   as of   , 20  .  \nD: Cash With Assumption of Existing Mortgage. The purchase price shall be paid in cash at the time of the closing of the sale after deducting from the purchase price the then outstanding balance due and owing under the existing mortgage in favor of   , dated  , 20  ,having a present balance of approximately $  , as of   , 20  , which the purchaser hereby assumes and agrees to pay in accordance with its terms and to perform all of its provisions; purchaser shall pay any and all payments coming due after the closing of the sale. Any transfer fees required by the mortgage shall be paid by   .  \nE:  Sale by Land Contract. The purchase price shall be paid in accordance with the certain land contract attached hereto and incorporated into this contract by this reference. The down payment to be made at the time of closing this sale shall be $  and the balance of $  shall be paid at the rate of   % per annum.  \n2. Earnest Money Deposit  \nAs earnest money Purchaser deposits $ 8,500.00 with the broker which shall be applied to the purchase price at the time of closing the sale. In the event that this offer is not accepted by Seller this earnest money deposit shall be promptly refunded to Purchaser by the broker. In the event that this offer is accepted by Seller and Purchaser shall fail to perform the terms of this agreement the earnest money deposit shall be forfeited as and for liquidated damages suffered by Seller. Seller is not, however, precluded from asserting any other legal or equitable remedy, which may be available to enforce this agreement.  \nSAMPLE (continued)  \n3. Real Estate Taxes, Assessments, and Adjustments  \nReal Estate Taxes accrued against the property shall be prorated through the date of closing the sale and Sellershall pay all taxes allocated to the property through that date of acceptance of this offer to purchase. Rents, if any, shall be prorated through the date of closing and all rent deposits shall be transferred to Purchaser. Existing casualty insurance shall be canceled/prorated through the date of closing.  \n4. Title to the Property  \nSeller shall provide purchaser prior to the closing and promptly after the acceptance of this offer, at Seller’s expense a basic owner’s policy of title insurance in an amount equal to the purchase price, said policy to show marketable or insurable title to the real estate in the name of Seller subject only to easements, zoning and restrictions of record and free and clear of all other liens and encumbrances except as stated in t","cbCaiiqFoVPg0LGr","https://ap.wps.com/l/cbCaiiqFoVPg0LGr","pdf",104404,"English","# 1. Purchase Price and Conditions of Payment\n## A: Cash\n## B: Cash Subject to New Mortgage\n## C: Cash Subject to Existing Mortgage\n## D: Cash With Assumption of Existing Mortgage\n## E: Sale by Land Contract\n# 2. Earnest Money Deposit\n# 3. Real Estate Taxes, Assessments, and Adjustments\n# 4. Title to the Property\n# 5. Possession of the Property\n# 6. Risk of Loss\n# 7. Improvements and Fixtures Included\n# 8. General Conditions","[{\"question\":\"What happens to the earnest money if the offer is not accepted?\",\"answer\":\"The earnest money deposit is promptly refunded to the purchaser by the broker if the seller does not accept the offer.\"},{\"question\":\"What is required for new-mortgage financing under the payment terms?\",\"answer\":\"The purchaser must be able to obtain a first mortgage loan within 7 days after the seller accepts the offer, in the stated amount; otherwise, either party may terminate and the earnest money is refunded.\"},{\"question\":\"What does the agreement require for title insurance and transfer at closing?\",\"answer\":\"The seller must provide a basic owner’s policy of title insurance showing marketable or insurable title and convey title by a general warranty deed free of liens and encumbrances, subject to stated exceptions.\"}]","SAMPLE - AGREEMENT TO PURCHASE REAL ESTATE - Real estate purchase terms | PDF"]