Agreement To Purchase Real Estate

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AGREEMENT TO PURCHASE REAL ESTATE
FOR GOOD CONSIDERATION this agreement dated this __________ day of
__________, 20__ by and between ____________________________ as Seller(s) and
____________________________ Buyer(s) and /or assigns, hereby agree that Seller(s)
will sell and Buyer(s) will buy the following property upon identified terms and
conditions if completed or marked. If any conflict of terms or conditions, that which is
added will supersede that which is printed or marked.
1) The Nature Of Agreement in this contract the Buyer(s) fully understands that
Seller(s) is in fact assigning all legal and equitable right, title, and interest in the property
described in said agreement. Furthermore, Buyer(s) is aware that the full execution of
this agreement additionally lies with those individuals currently responsible for all
underlying mortgages on property described in said agreement and holds harmless
Seller(s) in this agreement for non-performance of individual(s) described necessary for
the act of conveying ownership of property to Buyer(s) except for reimbursement of
earnest money as sole remedy for default.
2) Description of real estate is located in _________________________ County or City,
State of ______________________ known by street address as ____________________
_____________________________ and legal description_________________________.
(the description unless specifically excluded, all other items will include any fixtures,
window and floor coverings, built-in appliances, draperies including hardware, shades,
blinds, window and door screens, awnings, outdoor plants, trees, and other permanently
attached items now on premises.)
3) Purchase Price: Seller(s) agrees to convey property to Buyer(s):
Purchase price for the sum of:
$__________________
Summary of Purchase Price:
(a) Earnest money deposit-----------------------------------$__________
-Earnest money to be held in escrow by ___________________
(b) Subject-to existing loans principal balance-----------$__________
* total balance is approximate
(c) Subject-to existing loan payments in arrears in order
to make loans current(including late fees)------------$__________
(d) Seller Financing(see below)----------------------------$__________
(e) Balance due Seller(s) at closing------------------------$__________
(f) applied To Buyer(s) closing costs:
$__________
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