THIS IS A LEGALLY BINDING CONTRACT BETWEEN
PURCHASER AND SELLER.
IF YOU DO NOT UNDERSTAND IT, SEEK LEGAL ADVICE.
1. PARTIES TO CONTRACT - PROPERTY. Purchaser and Seller acknowledge that Broker is_______
is not______ the limited agent of both parties to this transaction as outlined in Section III of the Agency
Agreement Addendum as authorized by Purchaser and Seller.
________________________________________________________________, hereinafter referred to as
Purchaser, offers and agrees to purchase from ________________________________________________,
hereinafter referred to as Seller, upon the terms and conditions set forth, the property legally described as:
also known as___________________________________________________________________________
2. EARNEST MONEY DEPOSIT. Earnest Money in the amount of ($______________)
_______________________________________________________DOLLARS Cash_____ Check_____,
unless otherwise noted herein, shall be deposited into the trust account of the listing _____ selling _____
broker on the next legal banking day after acceptance of this offer.
Other earnest money provisions: ___________________________________________________________
3. PURCHASE PRICE. The total purchase price is to be ($_____________________)
After earnest money herein is credited, the remaining balance is to be paid by Purchaser at closing.
4. F INANCING.
□ New Mortgage. This offer is contingent upon Purchaser obtaining a new
□ VA, □ FHA, □ SDHDA, □ Conventional, or□____________________________ type of loan.