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Car dealerships use a car purchase agreement, or car sale agreement, to finalize a sale. These contracts serve as a sales agreement between the buyer and seller. If you are purchasing a used vehicle from a private seller, the seller may ask you to sign a bill of sale, which is a very simplified form of car purchase agreement.
The following home price negotiation strategies can help you reach an agreement with the seller. A purchase offer is a written contract which you sign and submit to the seller. It is accompanied by a certain amount of âearnest moneyâ (a small good faith deposit to show you are serious about buying the home). The written purchase offer indicates the amount you are willing to give the seller for his or her property.