Potential first deal in the pipeline! Excited/ Nervous...

[Roberto Delgado]

I've got my first potential deal in the works with an out-of-state owner. I'm in PA and he's in FL, said deal is for a property in Philadelphia where I reside. I am expecting a call back soon. What should be my next step if we verbally agree upon a price? I do not have any contract templates, should I have a certain type? I will most likely buy in "as-is" condition. Looking for guidance...THANKS!