n, and, other things being satisfactory,
we can arrange the down payment and the terms for the balance.

Very truly yours,
John Hope.

_Accepting an offer_

340 Chestnut Street,
Philadelphia, Pa.,
Dec. 15, 1922.

Mr. Joseph Barlow,
Haines Crossing,
Delaware.

Dear Sir:

I have your letter of December 12th offering to sell to me
the property that we have been discussing for $15,000 of which
$3,000 is to be in cash, $5,000 to remain on three-year
mortgage at six per cent., and the remaining $7,000 to be
cared for by the present mortgage in that amount and which I
understand has four years yet to run.

I accept your offer as stated by you, with the provision of
course that I shall receive a clear and marketable title,
insurable by a real estate title company, and that all taxes
shall be adjusted as of the day of settlement, which
settlement is to take place three months from to-day. If you
will have a contract of sale drawn, I shall execute it and at
the same time hand you my check for five hundred dollars as
the consideration for the contract of purchase.

This letter is written in the assumption that the dimensions
of the property are such as have been represented to me.

I am

Very truly yours,
Martin Fields.

(Note--The above letter replying to an offer to sell would of itself
close the contract and the formal contract of sale is unnecessary. A
contract is, however, advisable because it includes all the terms within
a single sheet of paper and therefore makes for security.)

_Letter inquiring as to what may be had_

534 Gramercy Park,
February 8, 1923.

Home Development Co.,
Hastings, N. Y.

Dear Sir:

I am writing to learn what property you have listed in your
vicinity that would seem to meet my particular requirements. I
want a house of not less than ten rooms, with some ground
around it and not more than fifteen minutes from the railroad
station. The house must contain at least two bathrooms, have a