THIS OFFER TO PURCHASE REAL PROPERTY (the "Offer") is entered into between. As Written Except: 25.1. Offer and Acceptance. Get a comprehensive understanding of Michigan real estate purchase and sale agreements with our indepth overview and free template. A valid contract requires a "meeting of the minds. This page explains the entire offer process, including: 1. Understanding Purchase Offer Documents It is CRUCIAL that you: THE SALE TO BE CONSUMATED BY: (Fill in one of the five following paragraphs, and strike out the remainder.) A. CASH SALE. At a bare minimum, a binding purchase agreement for real estate in Michigan must be in writing and must include all of the following essential terms:. A prospective buyer can use this form to submit an offer for the seller to accept or counter.