AGREEMENT TO PURCHASE AND SELL REAL ESTATE

AGREEMENT  TO  PURCHASE  AND  SELL  REAL  ESTATE

BE IT KNOWN, the undersigned, ­____________________________________________________, and/or assigns, AGREES TO PURCHASE REAL ESTATE from the Current Owner(s) known as                                                            and­­                                    __                                                

WHO ALSO, BY AFFIXED SIGNATURE(S), AGREE(S) TO SELL the Real Estate property known as: _________________________________________________City of __________________, County of_________________________, State of _______________________, Zip                        said property more particularly described as: * Legal to Follow

The purchase price offered is:            $                                               *AS IS*

Non-Refundable Deposit;                   $ __________________10.00

Balance at closing:                             $_______________________

Total purchase price:                          $_______________________

This agreement is conditional upon the following terms:

1.         →This agreement is subject to Buyer obtaining a satisfactory home inspection report and termite/pest report within thirty (30) days from date hereof.

2.         →Said property is to be sold free and clear of all encumbrances, by good and marketable title, with full possession to said property available to Buyer and/or Assigns on date of closing at _______________________________, and Seller(s) vacating premises within seven (7) days.

3.         →The closing shall occur within           days after the 5 day waiting period (not to fall on weekends or holidays), by and through the Title Company, ____________________________.

4.         →The property is subject to inspection and Partner Approval, and contractor’s estimates for repairs, if necessary, within 14 business days.

5.         →Seller(s) to pay normal closing costs, at Title Company[i]

6.         →Seller(s) will provide Buyer/Buyer’s Agents with access (and keys if vacant) to the property upon acceptance, with sufficient notice given to Seller(s).

7.         →This agreement shall remain open for five days after signing by Seller(s), not to include weekends or holidays, until 5 o’clock p.m. on ____________________, 20___, and if not accepted by said time, this offer shall be deemed rescinded.

8.         →Also CONDITIONal upon:

            A.   Seller having the understanding that Buyer and/or Assigns will sell the said property/Contract for profit.           

            B.   Buyer being able to successfully negotiate sale of this contract. 

            C.   And in the event of unforeseen delays, Seller(s) agree(s) to an extension of this Contract, for a period of up to fifteen days, including but not exceeding beyond ________________ _______, 20____, (not to fall on weekends or holidays).

Buyer:                                                                          and/or assigns            Date:                          

Seller:                                                                                                             Date:                          

Seller:                                                                                                              Date:                          

Assignee:                                                                                                                    Date:                          

[New Buyer(s)]

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