<p>Agreement For Purchase & Sale Of Real Estate
Agreement dated this _________________ day of __________________by and between
hereinafter "Seller" whose address is
hereinafter "Buyer" (and/or assigns or nominees) whose address is
1. The Property.
The parties hereby agree that Seller will sell and Buyer will buy the following
property, located in and situate in the County of _____________, state of
known by street and address as
The sale shall also include all personal property and fixtures, except
Unless specifically excluded, all other items will be included, whether or not affixed to
the property or structures. Seller expressly warrants that property, improvements,
building or structures, the appliances, roof, plumbing, heating and/or ventilation systems
are in good and working order. This clause shall survive closing of title.
2. Purchase Price.
The total purchase price to be paid by buyer will be $____________________ payable as
Non-refundable earnest money deposit $____________________
Balance due at closing $____________________
Owner financing from seller $____________________
New Loan $____________________
Subject to existing loans $____________________
Sale price is subject to appraisal by buyer and/or agent of buyer's choice.
3. Earnest Money
The buyer's earnest money shall be held in escrow by agent of buyer's choice. Upon
default of this agreement, seller shall retain earnest money as his sole remedy without
further resource between the parties.
4. New Loan
The agreement is contingent upon buyer's ability to obtain a new loan in the amount of
$___________. Buyer is not required to accept any loan with interest rate exceeding
_________% amortized over ___________ years or pay any closin