[Your Name] [Your Address] [City, State, Zip Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, Zip Code] Dear [Recipient's Name], RE: CONFIRMATION OF PURCHASE AGREEMENT — [PROPERTY ADDRESS] I hope this letter finds you well. I am writing to formally confirm our purchase agreement for the property located at [PROPERTY ADDRESS], as discussed and agreed upon. 1. Agreement Details: — Date: [Date of Purchase Agreement— - Parties involved: — Buyer: [Your Name— - Seller: [Seller's Name] — Property Description: [Describe the property, including address, size, features, and any special conditions] — Purchase Price: [Agreed upon purchase price] — Payment Terms: [Payment schedule, method of payment, and any other relevant details] 2. Conditions and Contingencies: — Home Inspection: The buyer has the right to conduct a thorough home inspection by a qualified inspector within [number of days] from the date of this agreement. Should any major issues be identified, the buyer reserves the right to renegotiate or terminate the agreement. — Financing: The purchase is contingent upon the buyer obtaining satisfactory financing within [number of days] from the date of this agreement. If financing cannot be secured within the specified timeframe, the agreement may be voided. 3. Timeline: — Closing Date: The closing of this purchase agreement is set for [closing date], subject to the fulfillment of all conditions outlined in this agreement. The closing will take place at [location]. 4. Buyer's Responsibilities: — Title Search: The buyer will arrange for a thorough title search to ensure the property's legal status and any potential encumbrances. — Insurance: The buyer will secure homeowner's insurance before the closing date to protect the property and its contents. 5. Seller's Responsibilities: — Property Disclosure: The seller will provide a complete and accurate disclosure statement outlining any known material defects or property-related issues. — Property Transfer: The seller will facilitate the transfer of legal ownership and ensure all necessary documentation is prepared and executed. Please acknowledge your agreement to the terms and conditions outlined above by signing a copy of this letter and returning it to me by [acknowledgement due date]. Additionally, if any modifications or clarifications are required, please notify me in writing within [number of days]. Thank you for your utmost professionalism and cooperation during the course of this transaction. If you have any questions or require further clarification, please do not hesitate to contact me at your earliest convenience. We look forward to a smooth and successful closing. Yours sincerely, [Your Name]