What type of land is being sold? What type of land is being sold? Residential lotCommercial lotAgricultural landUndeveloped landOther Do you want to enter the buyer's information? Do you want to enter the buyer's information? YesNo Skip to enter later Buyer's name: If there are multiple buyers, enter all their names. Do you want to enter the buyer's address? Do you want to enter the buyer's address? YesNo - enter later Buyer's mailing address: Street Address Address Line 2 City Please SelectAlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWashington DCWest VirginiaWisconsinWyoming State ZIP Code Do you want to enter the seller's information? Do you want to enter the seller's information? YesNo Skip to enter later Seller's name: If there are multiple sellers, enter all their names. Do you want to enter the seller's address? Do you want to enter the seller's address? YesNo - enter later Seller's mailing address: Street Address Address Line 2 City Please SelectAlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWashington DCWest VirginiaWisconsinWyoming State ZIP Code Property address: Street Address Address Line 2 City Please SelectAlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWashington DCWest VirginiaWisconsinWyoming State ZIP Code Do you know the size of the property? Do you know the size of the property? YesNo Skip to enter later Property size: Specify "acres" or "square feet." Do you know the legal description of the property? Do you know the legal description of the property? YesNo A full legal description is typically found on the property deed or property tax forms. This can be written in later. Enter the legal description: Purchase price: $(US Dollars) Will there be an earnest money deposit? Will there be an earnest money deposit? YesNo This protects the seller if the buyer doesn't fulfill the agreement. The seller can keep the earnest money unless the contract is contingent on something like financing or selling another property. Amount: $ The buyer will have to pay the earnest money by Will the earnest money be placed in a trust or escrow account? Will the earnest money be placed in a trust or escrow account? YesNoI don't know If a real estate agent is involved, state law may require the deposit to be placed in a trust or escrow account to protect it from potential mismanagement. Is this agreement contingent on the buyer receiving financing? Is this agreement contingent on the buyer receiving financing? YesNo - cash offer Select 'Yes' if the buyer will need a loan or mortgage in order to purchase the property. Buyer must provide proof of funds by: What type of financing will the buyer obtain? What type of financing will the buyer obtain? Conventional (Mortgage) LoanFHA Loan (attach the FHA/VA Addendum)VA Loan (attach the FHA/VA Addendum)Seller FinancingOther/Unknown Buyer agrees to get financing through: Leave blank if this will be decided later. Does the buyer need to prove they can obtain financing before closing? Does the buyer need to prove they can obtain financing before closing? YesNo Recommended. The buyer will usually be required to show a pre-qualification letter to the aeller within 15 days of the agreement being signed. Proof of financing deadline: Loan Amount $ Commonly 80% of the purchase price Down Payment $ Commonly 20% of the purchase price Interest Rate (%) per Annum % Term (length of loan) Has the seller already approved the buyer for financing? Has the seller already approved the buyer for financing? YesNo If not, the buyer may be required to give documentation to the seller (tax returns, proof of income, etc.) Seller must approve the buyer by: What type of deed is valid to transfer the property? What type of deed is valid to transfer the property? Warranty Deed (recommended)Special Warranty DeedQuit Claim DeedGrant DeedOther Deed type: Is this agreement contingent on the buyer selling another property first? Is this agreement contingent on the buyer selling another property first? YesNo In some cases, the buyer may be able to purchase the property only if they can sell another property by a specific date. What is the address of the buyer's property? Street Address Address Line 2 City Please SelectAlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWashington DCWest VirginiaWisconsinWyoming State ZIP Code When is the buyer's property required to sell by? If the buyer's property does not sell, the earnest money shall be returned to: If the buyer's property does not sell, the earnest money shall be returned to: the buyerthe seller Who will be responsible for the closing costs? Who will be responsible for the closing costs? BuyerBoth parties (shared equally)Seller Closing Costs may include loan origination fees, discount points, appraisal fees, title searches, title insurance, surveys, taxes, deed-recording fees and credit report charges. When is the closing deadline? Will the seller be keeping any mineral rights to the property? Will the seller be keeping any mineral rights to the property? YesNo These are rights under the soil such as water, gas, oil or any type of mineral rights. What type of mineral rights will the seller retain? What type of mineral rights will the seller retain? All rightsSpecific rights Seller will retain the following rights: Survey problems must be reported on or before How long will the seller have to remediate any survey problems? days Survey problems are issues that can affect the boundaries, usage and ownership of property. It's common to give 2 weeks after signing to discover and present survey issues. How many days will the buyer have to review the title search report? days If defects are found in the title, how many days will the seller have to correct it? days In all property transactions, an official title lookup, known as the Title Search Report, must be completed. After it's completed, the Buyer is usually given a time frame to review it, such as 5 days. When will the buyer's INSPECTION PERIOD end? If no inspection period, enter today's date. What is the last day the buyer can report DEFECTS on the property? If defects are found, how long will the parties have to re-negotiate? days If damage is found, the parties will have the above timeframe to re-negotiate. If the parties cannot come to an agreement, the contract voids and the earnest money is returned. Is this agreement contingent on the property appraising to equal or more value than the purchase price? Is this agreement contingent on the property appraising to equal or more value than the purchase price? YesNo When the buyer needs financing from a bank to purchase the property, a common condition is that the property will need to "appraise" for equal or more than the value of the purchase price. If the property does not appraise, how long will the re-negotiation be? days If the property does not appraise to the value of the purchase price, this agreement will need to be re-negotiated or the earnest money must be returned to the buyer. This agreement is just an offer until it is signed by both parties. By what date must the buyer and seller sign this agreement? Would you like to add any other terms or conditions? Would you like to add any other terms or conditions? YesNo Additional terms or conditions: Will any other documents be attached to this agreement? Will any other documents be attached to this agreement? YesNo Such as Disclosures, Addendums, or Reports. Attachment name Add another? Add another? YesNo Attachment name Add another? Add another? YesNo Attachment name Add another? Add another? YesNo Attachment name Add another? Add another? YesNo Attachment name Add another? Add another? YesNo Attachment name Add another? Add another? YesNo Attachment name Add another? Add another? YesNo Attachment name Add another? Add another? YesNo Attachment name Add another? Add another? YesNo Attachment name How many parties are signing? Buyers: 12345678910 Sellers: 12345678910 What is the date of this agreement? The date when the last party signs. Skip to enter later. Next Save Save and finish later
