Real Estate Offer Letter Template

Important Notice

The content provided serves solely as a general example for conveying real estate transaction offers. It is not legal advice and should not replace consultation with a qualified legal professional specializing in property deals or real estate negotiations. Regulations and requirements vary by jurisdiction, and any necessary adjustments should be made to ensure compliance with local laws. The use of this material is at the user’s own risk, and no liability is assumed for errors, omissions, or consequences resulting from its use without proper legal review.

This is a sample template for a Real Estate Offer Letter. The wording may vary slightly depending on specific circumstances and details. Customize accordingly.

Real Estate Offer Letter Example

Parties:

Seller: Alice Johnson
Address: 789 Pine Street, Springfield, IL 62704

Buyer: Bob Williams
Address: 101 Maple Avenue, Springfield, IL 62704

Property:

The property in question is a residential home located at 789 Pine Street, Springfield, IL 62704, including all fixtures and appliances currently included in the sale.

Offer and Terms:

The buyer proposes to purchase the property for a total of $250,000, contingent upon satisfactory inspections, appraisals, and financing approval. The offer remains valid until _________________.

Deposit:

Upon acceptance of this offer, the buyer shall provide a earnest money deposit of $5,000, to be held in escrow and credited toward the purchase price at closing.

Conditions:

This offer is subject to the property passing a professional inspection, appraisal confirming the value, and securing necessary financing. The buyer reserves the right to withdraw if conditions are not met by the specified date.

Additional Terms:

• The seller agrees to make any requested repairs identified during inspection within a reasonable timeframe.
• The closing date is expected to be on or before __________________.
• This offer is binding upon acceptance by the seller in writing.

Springfield, ______________________