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Registration is not required, but if you want to retrieve later you will need to register. The offer will be accessible for a limited amount of time. Get started by completing this questionaire in 16 steps to create a customized GBREB Offer to Purchase with Contingencies and TRID addendum. The preview will display and update as you enter each question. Once complete, you will download the .pdf to your computer. Always double check the .pdf to make sure it represents your intent.

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I have read and agree to the Terms and Conditions

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I agree to the Terms and Conditions.
OFFER TO PURCHASE REAL ESTATE
To: Owner of Record
Date:
From the Office of:
 
The property herein referred to is identified as follows:
 
Special provisions (if any) re fixtures, appliances, etc.
Appliances included in your offer:
 
hereby offer to buy said property, which has been offered to me by as the Broker(s) under the following terms and conditions:
 
  • CHECK ONE:
  • Check
  • Cash
1.I will pay therefore $ , of which
(a) $ is paid herewith as a deposit to bind this Offer
(b) $ is to be paid as an additional deposit upon the execution of the Purchase and Sale Agreement provided for below.
(c) $ is to be paid at the time of delivery of the Deed in cash, or by certified, cashiers, treasurers or bank check(s).
(d) $ 0
(e) $ Total Purchase Price
  1. This Offer is good until ,at or before which time a copy hereof shall be signed by you, the Seller and your (husband) (wife), signifying acceptance of this Offer, and returned to me forthwith, otherwise this Offer shall be considered as rejected and the money deposited herewith shall be returned to me forthwith.
  2. The parties hereto shall, on or before execute the applicable Standard Form Purchase and Sale Agreement recommended by the Greater Boston Real Estate Board or any form substantially similar thereto, which, when executed, shall be the agreement between the parties hereto.
  3. A good and sufficient Deed, conveying a good and clear record and marketable title shall be delivered at 12:00 Noon on at the appropriate Registry of Deeds, unless some other time and place are mutually agreed upon in writing.
  4. If I do not fulfill my obligations under this Offer, the above mentioned deposit shall forthwith become your property without recourse to either party. Said deposit shall be held by as escrow agent subject to the terms hereof provided however that in the event of any disagreement between the parties, the escrow agent may retain said deposit pending instructions mutually given in writing by the parties. A similar provision shall be included in the Purchase and Sale Agreement with respect to any deposit held under its terms.
  5. Time is of the essence hereof.
  6. Disclosures: For one to four family residences, the Buyer hereby acknowledges receipt of the Home Inspectors: Facts for Consumers brochure produced by the Office of Consumer Affairs. For residential property constructed prior to 1978, Buyer must also sign Lead Paint "Property Transfer Notification."
  7. initialed riders, if any, attached hereto are incorporated herein by reference. Additional terms and conditions, if any:
NOTICE: This is a legal document that creates binding obligations. If not understood, consult an attorney. WITNESS MY HAND AND SEAL
 
  
Buyer Buyer
 
Address/City/State/ZipPhone Numbers (Work & Home)
 
This Offer is hereby accepted upon the foregoing terms and conditions at ___________________ A.M. / P.M. on _______________________, 20______
WITNESS my (our) hand(s) and seal(s)
 
Seller#1
  
Seller#2
 
Receipt of deposit check for transmittal by: (Agent/Facilitator)
Check shall not be deposited unless offer is accepted.

RECEIPT FOR DEPOSIT

Received from__________________ Buyer the sum of $________________ as deposit under the termsand conditions of above Offer, to be held by ____________________________as escrow agent.
Under regulations adopted pursuant to the Massachusetts license law: All offers submitted to brokers or salespeople to purchase real property that they have a right to sell shall be conveyed forthwith to the owner of such real property._________________________________________
 
© 1962-2005 GREATER BOSTON REAL ESTATE BOARD All rights reserved.
OFFER TO PURCHASE CONTINGENCY ADDENDUM
The BUYER, if checked, hereby incorporates the following contingencies into this Offer to Purchase Real Estate.
 
  • MORTGAGE CONTINGENCY
    In order to help finance the acquisition of the property, the BUYER shall apply for a conventional bank or other institutional mortgage loan of $   at prevailing rates, terms and conditions. If despite the BUYER's diligent efforts a commitment for such loan cannot be obtained on or before  , then the BUYER shall have the option of revoking this agreement by written notice to the SELLER and/or the Broker representing the SELLER prior to the expiration of such time, whereupon all deposits made by the BUYER shall be forthwith refunded, and this agreement shall become null and void and without further recourse to either party. In no event will the BUYER be deemed to have used diligent efforts to obtain such commitment unless the BUYER submits a complete mortgage loan application conforming to the foregoing provisions on or before  .
  • INSPECTION CONTINGENCY
    The BUYER may, at the BUYER's own expense and on or before  , have the property inspected by a duly-licensed person engaged in the business of conducting home inspections. If it is the opinion of such inspector that the property contains serious structural, mechanical or other defects and if the repair of such defects would cost the BUYER in the aggregate more than $ 0.00, then the BUYER shall have the option of revoking the agreement by written notice to the SELLER and/or Broker representing the SELLER on or before   . Such notice shall be accompanied by a copy of the inspector's opinion and cost estimates.
  • RADON CONTINGENCY
    The BUYER may, at the BUYER's own expense and on or before   , have the property inspected for the presence of radon gas. In the event a customary test for the presence of radon gas indicates the presence of radon gas in excess of levels deemed acceptable by the federal Environmental Protection Agency, then the BUYER shall have the option of revoking the agreement by written notice to the SELLER and/or Broker representing the SELLER on or before  . Such notice shall be accompanied by a copy of the test results.
  • PEST INSPECTION CONTINGENCY
    The BUYER may, at the BUYER's own expense on or before  , have the property inspected by a person engaged in the business of pest inspection and control. If it is the opinion of such inspector that the property is infested by termites or other wood boring pests, then the BUYER shall have the option of revoking this agreement by written notice to the SELLER and/or the Broker representing the SELLER on or before  . Such notice shall be accompanied by a copy of the inspector's opinion and any related inspection report.
  • LEAD PAINT CONTINGENCY ADDENDUM
    The BUYER may, at the BUYER's own expense and within ten (10) days after the acceptance of this agreement, have the property professionally inspected for the presence of paint, plaster or other accessible materials containing dangerous levels of lead (as such terms are defined by applicable Massachusetts laws and regulations). A copy of the inspector's report shall be furnished to the SELLER upon receipt by the BUYER. If it is the opinion of such inspector that any such materials are present on the property, then the BUYER shall have the option of revoking this agreement by written notice to the SELLER and/or the Broker representing the SELLER prior to the expiration of such time.
 
In the event the BUYER revokes the agreement consistent with the terms of the above selected Contingencies, then any deposits made by the BUYER shall be forthwith refunded, and this agreement shall be null and void and without further recourse to either party.
 
Initials:
Buyer  Buyer  
Seller ____________________________________________Seller ____________________________________________
___________________________________________________________________________________________________
Broker(s)
 

RECEIPT FOR DEPOSIT

Received from _____________________ Buyer the sum of $ ______ as deposit under the termsand conditions of above Offer, to be held by __________________ as escrow agent.
Under regulations adopted pursuant to the Massachusetts license law: All offers submitted to brokers or salespeople to purchase real property that they have a right to sell shall be conveyed forthwith to the owner of such real property.__________________________________________
 
© 2017BASED ON GBREB - HRE All rights reserved.
ADDENDUM FOR INTEGRATED DISCLOSURE RULE APPLICABLE TO MORTGAGE LOANS
(To Offer to Purchase Real Estate / Purchase and Sale Agreement)
 
Consumers obtaining mortgage loans in order to purchase a home have typically been entitled to receive two different disclosure forms. The first, required by the Truth in Lending Act, provided financial information regarding the terms of the loan while the second, required by the Real Estate Settlement Procedures Act and commonly referred to as the "Settlement Statement" or "HUD-1", itemized various transaction costs and adjustments like prorated real estate taxes, utility charges, recording fees and the like. Pursuant to the so-called "Integrated Disclosure Rule" issued by the Federal Consumer Financial Protection Bureau, the borrower's forms have been consolidated into a single Closing Disclosure which is now required in the case of any loan applied for on or after October 3, 2015. The borrowers Closing Disclosure must be received by the borrower three business days prior to the consummation of the sale, customarily known as the closing or time for performance (the "Closing"), when the deed is delivered and the balance of the purchase price is paid. In order to facilitate compliance with this Rule, the parties agree as follows:
  1. The BUYER shall obtain and promptly disclose to the SELLER the name of the attorney engaged to represent the BUYER's mortgage lender ("Closing Attorney").
  2. The SELLER and the BUYER shall furnish to Closing Attorney as soon as possible and in any event at least ten days in advance of the scheduled Closing all data known or available to or otherwise obtainable by such party and required in order to calculate the adjustments provided for in any applicable clauses of the Purchase and Sale Agreement or requested by Closing Attorney in order to prepare the borrower's Closing Disclosure.
  3. At the request of Closing Attorney, the Closing will be extended for up to six business days or such other time as the parties may agree in order to assure full compliance with the Integrated Disclosure Rule. Time still remains of the essence.
  4. Neither party shall have any claim against the other for any loss or damage resulting from the extension of the Closing pursuant to the preceding Paragraph 3 except to the extent that such extension is made necessary by a breach of the provisions of this Addendum.
  5. Addendum could affect the timing of the Closing. If not understood, consult an attorney.
   
Seller Buyer
   
Seller Buyer
 
© 2017 Based on GBRB - All Rights Reserved.
This form may not be copied or reproduced in whole or in part in an manner whatsoever
without the prior express written consent of the GRBREB
Form ID: RA 140 PD: 10/15
 
© 2017BASED ON GBREB - HRE All rights reserved.