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greetings im going to explain how to create a purchase agreement when we are buying a piece of property now there is a separate process not the one im going to go over here but a different process for creating purchase agreements when we sell a piece of property but this is for when were buying a piece of property ordinarily when we buy a piece of property we just use a simple purchase offer um that the seller signs and then we close on the property in-house and we dont have a formal purchase agreement but sometimes when we buy a property through a title company we need a formal purchase agreement because the title company um expects one um so to create were going to buy a property were going to submit now we need a purchase agreement to submit to the title company well start by going here we are in podio of course so were going to go to the due diligence app okay now i already created a test property for the sake of this exercise so well click on that i havent populated any