mortgage loan purchase and sale agreement the mortgage loan purchase and sale agreement, dated as of september 27, 2011, between the seller and the depositor. ccre purchase agreement the mortgage loan purchase agreement dated and effective as of the closing date, between ccre and the depositor.

a purchase agreement, also known as a real estate sales contract, is the document the buyer and seller use to detail the sale price and terms. it’s typically for buyers who purchase a property without the help of a real estate agent. as a seller, it is very difficult to back out of a sale after both parties have signed the purchase agreement. this contingency requires a professional home inspector to evaluate the home and allows the buyer to back out if they’re not satisfied with the assessment.