Nevada Commercial Property Sales Package

A good rule of thumb though is to offer 5% to 10% lower than the asking price. Don't forget that sellers often take this into account and deliberately put their house on the market for more than they expect or would accept.

Expiration date of the offer. Purchase price. Initial deposit. Down payment amount. Financing terms. Required home inspection. Contingencies. Warranties.

Terms in this set (19) One broker is authorized to act as the agent.The broker agrees to sell the property in order to achieve a net price to the owner, and anything which is received above the net price is the broker's commission. A net listing is prohibited by the licensing law in many states.

A real estate deal can take a turn for the worst if the contract is not carefully written to include all the legal stipulations for both the buyer and seller.You can write your own real estate purchase agreement without paying any money as long as you include certain specifics about your home.

At the top of the page, you should center the title between the left- and right-hand margins. Title your document something like Purchase and Sale Agreement or Agreement to Purchase Real Estate. Identify the parties to the sale. You need to identify the purchaser and the seller at the start of your agreement.

Make your case and state why you want the property. Include something personal and connect with the seller. Support your offer with necessary financial information. Gently explain any contingencies you may have.

In your letter of offer the following should be included: The offered purchase price and address of the property. The settlement date when the buyer intends to pay and obtain the title. Details of how you wish to pay the deposit, whether it be cash or by transfer.

Buyer and seller information. Property details. Pricing and financing. Fixtures and appliances included/excluded in the sale. Closing and possession dates. Earnest money deposit amount. Closing costs and who is responsible for paying.