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          Make your Free
          Intent to Purchase Real Estate

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          Intent to Purchase Real Estate basics

          Reviewed by Rocket Lawyer On Call Attorney  William Petzel, Esq

          Buying real estate is a big decision, so it's important to get every step in writing. An Intent to Purchase Real Estate letter gives you an outline of the prospective sale. Use an Intent to Purchase Real Estate letter when you want to decide on the terms of the deal before committing to the purchase.


          Use the Intent to Purchase Real Estate document if:

          • You want to document the terms tentatively agreed upon for the purchase of property.
          • As a buyer, you want to provide your lender with some evidence of a proposed purchase of property.
          • You want to document the terms tentatively agreed upon for the purchase of property without committing to the sale.

          An intent to purchase real estate letter is used to minimize misunderstanding and document progress towards a sale. It's also a great way for a buyer to help secure financing. This intent letter is not a binding contract, which means the property owner can still sell the property to someone else. If both parties are ready to pursue a legally binding agreement, a Real Estate Purchase Agreement (REPA) must be signed. Because it is a legally binding document, the property owner can no longer sell said property to someone else once a Real Estate Purchase Agreement is in effect. The Intent to Purchase Real Estate document is also sometimes called a letter of intent to purchase real estate or an intent to purchase real property letter.


          Sample Intent to Purchase Real Estate

          More than just a template, our step-by-step interview process makes it easy to create an Intent to Purchase Real Estate.

          Save, sign, print, and download your document when you are done.

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          Intent to Purchase Real Estate basics

          An intent to purchase real estate letter is used to minimize misunderstanding and document progress towards a sale. It's also a great way for a buyer to help secure financing. This intent letter is not a binding contract, which means the property owner can still sell the property to someone else. If both parties are ready to pursue a legally binding agreement, a Real Estate Purchase Agreement (REPA) must be signed. Because it is a legally binding document, the property owner can no longer sell said property to someone else once a Real Estate Purchase Agreement is in effect. The Intent to Purchase Real Estate document is also sometimes called a letter of intent to purchase real estate or an intent to purchase real property letter.

          Use the Intent to Purchase Real Estate document if:
          • You want to document the terms tentatively agreed upon for the purchase of property.
          • As a buyer, you want to provide your lender with some evidence of a proposed purchase of property.
          • You want to document the terms tentatively agreed upon for the purchase of property without committing to the sale.
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