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This document is an addendum to a purchase agreement, establishing a back-up offer for a property in Indiana. It outlines the terms under which the back-up offer remains valid, conditions for withdrawal, and procedures if the primary transaction does not close. The addendum also specifies that all other terms of the original purchase agreement remain unchanged and allows for electronic signatures.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Can I make my own purchase agreement?

Some states, like California, have created real estate purchase agreements you can download and change. You can also get a template from PandaDoc, as well as benefiting from real estate contract management software functionality.

Does a purchase agreement need to be notarized?

Though notarization is not required, it may still be a good idea to have a notary present in order to verify the identities of all signers.

How do you write a simple purchase agreement?

A basic purchase agreement should include the following: Name and contact information for buyer and seller. The address of the property being sold. The price to be paid for the property. The date of transfer. Disclosures. Contingencies. Signatures.

What is an offer to purchase form?

An offer to purchase is an important contract that must be taken seriously. It is a contract between you and the seller that provides the steps and stipulations that will allow you to move forward and shortly, purchase your new home.

Can you sell a home as is in Indiana?

Homeowners can choose to sell their houses as is drawn by the promise of a hassle-free sale and a quick closing process. With rising renovation costs and a growing pool of buyers seeking fixer-upper opportunities, its never been more important to understand an as-is sale in Indiana.

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Who makes an offer on a property that is for sale?

After visiting the home and considering their budget, potential buyers will make an offer on a property. This offer is typically delivered by the buyers agent to the listing agent, and the listing agent passes on the offer to the seller.

What makes a purchase agreement legally binding?

A purchase agreement is a legal document that is signed by both the buyer and the seller. Once it is signed by both parties, it is a legally binding contract. The seller can only accept the offer by signing the document, not by just providing the goods.