Help with filling out an Offer to Purchase Real Estate?

Question

This is a probate sale being done by one of the heirs as executor. I am filling out a standard form given to me by a real estate agent. I have some question with dates/time limits...

The offer is good until - I was going to give until next Wed, 4/18
Then what date should I put to have a Purchase and Sale executed by?
What date do I put to receive the Deed by?

What about deposit amounts, this is a rehab and we were going to get a construction loan and have to put no $ down, except the check with the offer of $500, what should I put under deposit with Purchase and Sale?

Answer 1

You should not be representing yourself. If you are not going to hire a Realtor, hire an attorney.

VERY few of the people reading your question are in your state (each state has different laws) fewer still are in your part of the state (each area has it's own way to handle situations) and far less are equip ed and knowledgeable enough to help you.

I've seen so many more wrong answers that were chosen as "best answer" by the asker or even by voters than I care to think about.

You need representation.

Answer 2

you do no longer want a lawyer, you desire a powerful realtor. you could returned out all the way as much as final, yet with out contingencies, etc., you will lose your earnest funds. a million. paying for a house is a extensive dedication, you need to have a realtor. in the event that they have a realtor, you desire one. 2. Grand scheme of issues $one thousand isn't lots. in case you do no longer sense mushy with the deal, stroll away. 3. whilst coping with the vendor, they may well be stimulated adequate to sell the domicile that they could fairly alter the settlement than see the deal fall by. 4. continuously make issues contingent on an inspection. continuously have the domicile inspected. as quickly as the inspection is complete, you initiate up negotiating based on issues that should be repaired or as much as date, etc. On Monday, get a realtor. How do you p.c. a realtor. Ask them how some years they have been in the employer. what number homes they generally close each and each month. Ask who the broking provider is. Ask what form of sources they generally deal in. Ask human beings you comprehend who they used, ask the guy who works on the financial corporation who they used. heavily, i comprehend you're transforming into on the element of the top and you think of you could save a pair of dollars by skipping the realtor, yet honestly in the journey that your place seems to be a lemon, or you overpay, it will be by fact which you probably did no longer have a realtor, and you will spend numerous cases the fee of having one on issues that on no account ought to have been problems.