Buyer Identity
Full legal name, contact information, and government ID details. Matching the recorded name is essential to avoid title exceptions and recording delays, particularly for trusts or entities.
Completing a thorough Purchaser's Statement reduces closing delays, clarifies funding sources for escrow and title, and provides the seller and lender with accurate facts to satisfy underwriting and recording requirements.
Accurate completion reduces follow-up requests and supports timely recording and lender underwriting before closing.
Full legal name, contact information, and government ID details. Matching the recorded name is essential to avoid title exceptions and recording delays, particularly for trusts or entities.
Complete property address, legal description or parcel ID, and intended use. Precise property data ensures the correct parcel is indexed at the county recorder and avoids misfiling.
State the funds used for purchase (cash, loan, gifted funds, escrowed proceeds) and supporting document references. Lenders and title require clear provenance to meet underwriting and AML checks.
List active contingencies (financing, inspection, appraisal) and expiration dates. Clear contingency status prevents disputes about deposit release and closing readiness.
Note known material facts such as structural issues, code violations, or zoning concerns. Sellers and buyers benefit from transparency and it can affect negotiation or title coverage.
Signature, printed name, capacity (individual, fiduciary, authorized agent), and date. Authentication method (wet, notarized, or e-signed) should be recorded to satisfy recording or lender requirements.
| Field | Configuration |
|---|---|
| Signature field | Required; signer role set to Buyer |
| Date field | Auto-fill on signature |
| Funding checkbox | Conditional display if loan indicated |
| Routing | Buyer → Agent → Title → Lender |
Ensure chosen tools retain an immutable audit trail (timestamps, IP, signer attribution) and that any required Business Associate Agreement or HIPAA protections are in place when sensitive health or financial data is included.
Buyer must remove contingencies by stated date, often within 10–30 days.
Deposit due per contract, commonly within 3 business days.
Lender funds must be available on or before closing date.
Most counties record within 1–10 business days after submission.
Provide signed statement promptly to avoid holdups.
Tim Martin found processing documents online improved compliance and speed.
Brian Fitzgibbons emphasizes simplicity for customers and internal teams.
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial | Varies | Varies | Varies | Varies |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| Envelope Cap | No cap | 100 envelopes/user/year | Varies | Varies | Varies |
An individual buyer signs in their personal capacity and must match the name used on escrow and title documents. If a trust or entity holds title, signing as an individual requires additional authorization documents.
A trustee, corporate officer, or manager signs on behalf of an entity. Provide evidence of authority such as a corporate resolution, trust certification, or power of attorney to avoid acceptance delays.