Free Real Estate Forms

From: Subject: Free Real Estate Forms Date: Fri, 8 Jan 2010 23:32:10 +0100 MIME-Version: 1.0 Content-Type: multipart/related; type="text/html"; boundary="----=_NextPart_000_0003_01CA90BA.CCBC9BF0" X-MimeOLE: Produced By Microsoft MimeOLE V6.00.2900.5579 This is a multi-part message in MIME format. ------=_NextPart_000_0003_01CA90BA.CCBC9BF0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Content-Location: http://www.totalrealestatesolutions.com/realestateforms/html/BuyersPurchaseAgreement.html Free Real Estate Forms

Purchase and = Sale=20 Agreement

This agreement is made this _________day of = _____________________,=20 20______

between Seller(s)_______________________________________ Social = Security #______________________

and Buyer=20 = _________________________________________________________________________= ________

and or assignees. Seller agrees to sell and buyer agrees to buy = the=20 following described real property together with all improvements = and=20 fixtures and the personal property described below:

Street=20 = Address__________________________________________________________________= ____________

Legal description:=20 = _________________________________________________________________________= __

___________________________________________________________________=20 County ________________.

Personal property included:=20 = ____________________________________________________________________

<= /FONT>

Earnest Money Deposit	$______________________
Cash To Seller At Closing	$______________________
Existing Loans & Liens	$______________________
New Loan To Seller At Closing	$______________________
Purchase Price	= $______________________

The purchase price to be paid as follows:

1. EARNEST MONEY to be deposited with licensed title = company or=20 attorney within 48 hours of acceptance by seller. The buyer will = take=20 title subject to the following loans on terms agreeable to the = buyer:

A. Loan to _______________________________________ Balance=20 $____________________________
Interest rate: _________ %, = Monthly=20 Payment $___________________ Loan Number _____________
Date = last=20 payment made____________________________ Loan current through=20 _________________

B. Loan to ________________________________________ Balance=20 $___________________________
Interest rate: _________ %, = Monthly=20 Payment $___________________ Loan Number _____________
Date = last=20 payment made____________________________ Loan current through=20 _________________

Other liens:=20 = _________________________________________________________________________= _______

Any overstatement in the above loan and lien amounts will be = added to=20 note to seller. Any understatement will be deducted from balance = due at=20 close.

2. THE BALANCE DUE SELLER in the amount of $ = _______________ shall=20 be paid as follows:=20 = ____________
_________________________________________________________= __________________________________
___________________________________= ______________________=20 including interest at the rate of _______%.

3. PRORATIONS, IMPOUNDS & SECURITY DEPOSITS: Loan = interest,=20 property taxes, insurance, and rents shall be prorated as of the = date of=20 closing. All security deposits shall be transferred to buyer at = closing.=20 All impound accounts for taxes and insurance are included in the = purchase=20 price and shall be transferred to buyer at closing. Any shortage = in these=20 accounts shall be charged to seller at closing.

Page 2 of 2 Purchase and Sale = Agreement

4. CONDITION OF HOUSE AND APPLIANCES: Seller warrants that = the=20 house and all mechanical systems and appliances will be in good = working=20 order at closing. Buyer will have access to property for = inspection and=20 the cost of any needed repairs will be paid by seller at closing.=20 Appliances and other personal property will be transferred by bill = of sale=20 free of encumbrances at closing.

5. CLOSING DATE AND TRANSFER OF TITLE: This transaction = shall close=20 on or before _______________, 20___. Closing will be held at=20 ____________________________ and Seller(s) agree to transfer = marketable=20 title free and clear of all encumbrances except those listed and = pay any=20 required state taxes or stamps required to record deed and = mortgage.=20 Seller agrees to furnish title insurance in the amount of the = purchase=20 price, showing no encumbrances or exceptions other than previously = noted.=20

6. DAMAGE TO PROPERTY: Seller shall maintain property in = its=20 current condition and keep it insured against all loss until = closing in=20 the event of destruction covered by insurance, buyer may elect to = close=20 and collect the insurance proceeds.

7. DEFAULTS: If buyer defaults under this contract, any and = all=20 monies deposited by buyer(s) shall be retained by seller as full=20 liquidated damages. If seller defaults, buyer may pursue all = remedies=20 allowed by law and seller agrees to be responsible for all costs = incurred=20 by buyer as a result of sellers default.

8. SUCCESSORS AND ASSIGNEES: The terms and conditions of = this=20 contract shall bind all successors, heirs, administrators, = trustees,=20 executors and assignees of the respective parties.

9. ACCESS ADVERTISING AND REPAIRS MADE BY BUYERS: Sellers = agree=20 that buyers may advertise property and have access during = reasonable hours=20 to show property to others. If the property is vacant and in need = of=20 repairs, buyers at their expense may make repairs and = improvements, and=20 any improvements made shall become the property of the seller = should the=20 buyer default,

10. ADDITIONAL TERMS AND CONDITIONS:

______________________________________________________________________= _____________________

The undersigned have read the above information, understand it = and=20 verify that it is correct.

SELLERS:

______________________________________________________________________= _

BUYERS:

______________________________________________________________________= _

http://www.totalrealest= atesolutions.com/=20

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