Are you intending to make an offer to buy a residential property? Put your intentions in writing to entice the seller to keep the property off the open market with this easy-to-use Letter of Intent to Purchase Real Estate.

The Letter of Intent states the buyer's intention to purchase the property from the seller, and summarizes the points that the parties have agreed upon in order to conclude the transaction. The purchase of the property is conditional upon the buyer obtaining sufficient mortgage loan financing.

The Letter of Intent itself is not a legal contract and is not legally binding, but rather it is a means of ensuring that both parties have the same understanding before signing a written purchase and sale contract.

This generic Letter of Intent to Purchase Real Estate is provided in MS Word format and is fully editable to meet your needs.