Interested in a property?
You have found a property you would like to buy?
You are now ready for your broker to draft a Promise to purchase. By so doing, you undertake to purchase the seller’s property at the price and under the conditions indicated in your offer. By accepting your promise to purchase, the seller undertakes to sell it to you, probably subject to certain conditions on both parts (financing, inspection, etc.).
During : Interested in a property?
You have found a property you would like to buy?
You are now ready for your broker to draft a Promise to purchase. By so doing, you undertake to purchase the seller’s property at the price and under the conditions indicated in your offer. By accepting your promise to purchase, the seller undertakes to sell it to you, probably subject to certain conditions on both parts (financing, inspection, etc.).
of new buyers who expressed regrets following a transaction cited choosing a home that was too small or not suited to their needs
(Trulia 2017)