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Saw this on a co-op apartment deal in Rockland County NY. The offer email really only contained this plus a mortgage pre-approval letter. Seems like onerous than making an offer in NYC where you also need to submit a REBNY Financial Statement. Thoughts anyone? Is this standard for the course?
Offer & Acceptance
Date: 10/1/2018
The offer to purchase property located at: [Address in Rockland County, NY]
On the following terms:
Purchase Price………………………………………………….……………….. $ 500,000.00
Deposit on Contract..…..…………….…………………………………............. $ 50,000.00
Amount to be Financed……….………………………………………………… $ 350,000.00
Additional Down Payment Due at Closing……………………………………... $ 100,000.00
Total Purchase Price…………………………………………………………….. $ 500,000.00
Closing Date…………………………………………………………………….. ASAP
Remarks or Contingencies:
Purchaser: [Buyer Names]
Address: [Buyer's Address]
Attorney: Phone: Fax:
Seller:
Address:
Attorney: Phone: Fax:
The seller agrees to pay Buyer Brokerage LLC a commission 2.5% of the selling price, if, as and when the title passes or in the case of a co-op when shares are transferred.
Offer & Acceptance
Date: 10/1/2018
The offer to purchase property located at: [Address in Rockland County, NY]
On the following terms:
Purchase Price………………………………………………….……………….. $ 500,000.00
Deposit on Contract..…..…………….…………………………………............. $ 50,000.00
Amount to be Financed……….………………………………………………… $ 350,000.00
Additional Down Payment Due at Closing……………………………………... $ 100,000.00
Total Purchase Price…………………………………………………………….. $ 500,000.00
Closing Date…………………………………………………………………….. ASAP
Remarks or Contingencies:
Purchaser: [Buyer Names]
Address: [Buyer's Address]
Attorney: Phone: Fax:
Seller:
Address:
Attorney: Phone: Fax:
The seller agrees to pay Buyer Brokerage LLC a commission 2.5% of the selling price, if, as and when the title passes or in the case of a co-op when shares are transferred.