By: I Buy And Sell Houses

I Buy And Sell Houses — Thu, 05 Nov 2009 22:08:59 +0000

Well, it’s easy, but you should really have a Realtor or a lawyer. And make sure that the documents are in conformance with your state and county regulations.

Here’s a quickie contract:
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Standard Contract to Purchase Real Estate

I/We offer to purchase from Seller the following described real estate, together with all improvements thereon and all appurtenant rights, located at:

Address: ___________________________________City:_______________

County:___________________________ State:_____________ Zip:________________

Legal Description: ________________________________________________________

The purchase price is to be $ ____________ payable as follows:______________________________________
__________________________________________________________________________________________

The conditions of the Purchase are as follows:
1)Subject to review, inspection, and written approval of my financial partner
2)Purchaser shall have the right to assign his/her interest in this contract prior to escrow.
3)Seller agrees to allow purchaser to show property to prospective partners and clients prior to closing.
4)____________________________________________________________

Is there an Addendum to this contract ?  Yes No
This purchase is (check one) All cash Terms
If Terms, those terms are:___________________________________________
___________________________________________________________________
Closing costs shall be paid by:  Seller Purchaser Split

Possession is to be given on or before_____________________________

Seller agrees to pay all Taxes and Assessments up to and including the month of __________, 20____.

Closing date shall be on or before ______________, 20___, with title to the above described real estate to be conveyed by Warranty Deed with release of dower. Title is to be free, clear, and unencumbered, free of building orders, subject to zoning regulations of record, and except easements and restrictions of record, and except.

This offer, when accepted, comprises the entire agreement of Purchaser and Seller, and it is agreed that no other representation or agreements have been made or relied upon.

This offer will expire at _______ am/pm on ______________________, 20_______.

Date:Date:
SellerPurchaser
SellerPurchaser______
~~~~~~~~~~~~~~~~~~~~~~~
The receipt should specify the two parties, the date, the amount tendered, and what the receipt is for.

Again, use a lawyer or a Realtor.
References :

By: es

es — Thu, 05 Nov 2009 21:52:59 +0000

You get a lawyer. Don’t listen to these people telling you to buy generic forms. If you go to Staples and buy a land contract, it may not contain state and local specific language you need to protect you. See a lawyer. The place to save $ is not in a legal, binding contract, that is "penny wise and pound foolish".
References :
Retired realtor

By: Kain

Kain — Thu, 05 Nov 2009 21:42:59 +0000

it is called earnest money. i would go to legalzoom.com and look for a land contract. it is the document you are looking for and they are cheaper on that site than going through a lawyer.

your borrower, if they are getting a loan, will be helped by the loan officer as well. title company will still be involved to protect you both.

good luck
References :

Comments on: How do you sell realestate on contract without a realtor?

By: I Buy And Sell Houses

By: es

By: Kain