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The Offer Letter For House is a crucial initial document in Irish residential property transactions, typically prepared after a prospective buyer has viewed a property and decided to make a formal offer. It serves as the foundation for subsequent legal proceedings and is used to communicate the buyer's serious intention to purchase the property. While not legally binding at this stage, it contains essential information including the offered purchase price, payment terms, any conditions attached to the offer, and basic information about both the property and the prospective buyer. This document is particularly important in the Irish property market where formal written offers are standard practice and help prevent misunderstandings in the early stages of property transactions. The letter needs to comply with Irish property law requirements and typically leads to the formal contract stage if accepted by the seller.

1. Buyer Details: Full legal name, current address, and contact information of the prospective buyer

2. Property Details: Complete address and description of the property being offered to purchase

3. Purchase Price: The offered purchase price in numbers and words, including any deposits or staged payments

4. Terms of Payment: Details of how and when the purchase price will be paid, including deposit amounts and timing

5. Mortgage/Funding: Confirmation of mortgage approval in principle or cash funds availability

6. Proposed Closing Date: Target date for completion of the purchase

7. Duration of Offer: How long the offer remains valid for acceptance

8. Subject to Contract/Contract Status: Standard clause indicating offer is subject to contract and contract signing

9. Signature Block: Space for buyer's signature and date