Real Estate Purchase Agreement: Choose the Suitable Template
What do you know about a real estate purchase agreement? It is one of the agreement templates that show the trading, selling, buying, or renting the land or shelter. The tenancy will always come with payment to the landowner. It is like that to use the land and for its protection. So, it becomes something that is established by the strength. Well, this printable real estate purchase agreement will offer some kinds that you can use.
8 Kinds of the Real Estate Purchase Agreement
In this real estate agreement, you will find 8 kinds that you can make. Are you curious about them? Here are kinds
- The agreement template of the purchase contract offer
This template contains some important elements that should be available in it. They are real property, fixtures, personal property, purchase price, and notes.
- The agreement template of a commercial real estate purchase
It includes the earnest money deposit, parties to contract, property, purchase price, financing, title, inspections, and initials (purchaser or seller).
- The agreement template of sale residential contract
In sample real estate purchase agreement, you will see some components like the warning, title, note, seller’s and purchaser’s names, address, and premises.
- The agreement template of purchase real estate
It shows some terms and conditions like purchase price and conditions of payment and earnest money deposit. The first element contains cash, cash subject to a new and existing mortgage, assumption cash, and sale by land contract.
- The agreement template of legally binding purchase
How about this template? It covers the parties to contract, property, earnest money deposit, purchase price, financing, and initials.
- The agreement template of real estate residential contract sale
There will be the contract documents, parties, legal description, purchase price, earnest money and source of funds, closing, funding, and possession.
- The agreement template of a real estate purchase contract
In this real estate purchase agreement sample, there are the purchase price, contingencies, title, survey, environmental conditions, and inspection.
- The purchase contract agreement of real estate
It shows other provisions like property and purchase price. The first element contains included items, other included items, excluded items, and water service. Then, for the second one, it contains earnest money deposit, new loan, seller financing, and purchase price balance.
4 Main Benefits in Using the Agreement Template of Real Estate Purchase
If one of you tries to make this kind of template, you will get some benefits from it. What are they? Here are the lists of the benefits.
- Professional contract review
A real estate will convince that you understand all the terms in the contract.
- Addressing complex contracts
This template will have the needed expertise in the transactions’ types. Besides, it will convince that the contract is legally valid.
- Title search and addressing liens
The title search is required, the institution that issued the mortgage, and the seller has the legal right to sell the property.
- A proper closing
The template will offer valuable assistance. It may happen if there are disputes over certain costs.
After knowing the benefits of the real estate purchase agreement printable, hopefully, you will create that template as soon as possible. Have a nice try!