Parties

Real Estate Purchase Agreement

THIS REAL ESTATE PURCHASE AGREEMENT (the "Agreement") is made and entered into as of ________ day of ________________, ________.

PARTIES

(1)   , of   (the "Buyer").

(2)   , of   (the "Seller").

(collectively, the "Parties" and each a "Party")

---

1. PROPERTY DESCRIPTION

Seller agrees to sell and Buyer agrees to purchase the following described real property (the "Property"):

Address:  
Property Type: Single Family Residence

---

2. PURCHASE PRICE

The total purchase price for the Property shall be USD0.00, payable as follows:

Earnest Money Deposit	USD0.00
Down Payment	USD0.00
Loan Amount	USD0.00
Total Purchase Price	USD0.00

---

3. EARNEST MONEY

Within days of the execution of this Agreement, Buyer shall deposit USD0.00 as earnest money with Title Company.

---

4. FINANCING

This purchase is contingent upon Buyer obtaining a Conventional Loan loan in the amount of USD0.00 at an interest rate not to exceed 8% for a term of 30 years.

Buyer shall provide evidence of pre-approval.

The financing contingency period shall be 21 days from the date of this Agreement.

---

5. INCLUSIONS

The following items are included in the sale:

---

6. INSPECTION CONTINGENCY

This Agreement is contingent upon Buyer's satisfaction with a professional inspection of the Property. Buyer shall have 10 days from the date of this Agreement to complete inspections.

Inspections may include: General Home Inspection, Pest/Termite Inspection, Radon Testing

Inspection costs shall be paid by .

---

7. REPAIRS AND CREDITS

If inspections reveal needed repairs totaling more than USD1,000.00, Buyer may request repairs or a credit. Seller shall respond to repair requests within 7 days. Buyer may elect a credit at Closing in lieu of repairs.

---

8. APPRAISAL CONTINGENCY

This Agreement is contingent upon the Property appraising for at least the purchase price. The appraisal contingency period shall be 21 days.

---

9. TITLE CONTINGENCY

Seller shall provide marketable title to the Property, free and clear of all liens and encumbrances except those specifically assumed by Buyer. Buyer shall have 14 days to review and approve the title commitment.

---

10. SELLER'S DISCLOSURE

Seller shall provide a completed Seller's Property Disclosure Statement.

---

11. RISK OF LOSS / CASUALTY

Risk of loss shall remain with Seller until Closing.

---

12. CONDEMNATION

If any material condemnation occurs before Closing, either Party may terminate this Agreement and the earnest money shall be returned to Buyer.

---

13. CLOSING

Closing shall occur on or before  .

---

14. POSSESSION

Possession of the Property shall be delivered to Buyer on the date of closing at 12:00 PM.

---

15. CLOSING COSTS

Buyer's Closing Costs:

Seller's Closing Costs:

Prorations:

Proration Method: Prorations will be calculated as of the Closing Date using standard proration.

---

16. TITLE INSURANCE

Title insurance shall be provided by and paid for by .

---

17. DEFAULT AND REMEDIES

If either party defaults under this Agreement, the non-defaulting party shall provide 3 days' written notice to cure. The non-defaulting party may seek specific performance or retain the earnest money as liquidated damages.

---

18. NOTICES

Any notice required or permitted under this Agreement shall be in writing and delivered by personal delivery, certified mail (return receipt requested), or email.

Notices shall be sent to the Parties at the addresses set forth above, or to such other address as a Party may designate in writing.

---

19. ASSIGNMENT

No Party may assign this Agreement without the prior written consent of the other Party, and any attempted assignment without consent is void.

---

20. AMENDMENTS; WAIVER

This Agreement may be amended only by a written instrument signed by the Parties.

No waiver of any breach of this Agreement will be deemed a waiver of any subsequent breach, and no waiver will be effective unless in writing and signed by the waiving Party.

---

21. COUNTERPARTS; ELECTRONIC SIGNATURES

This Agreement may be executed in counterparts, each of which will be deemed an original, and signatures delivered electronically or by PDF will be binding.

---

22. SEVERABILITY

If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions will remain in full force and effect.

---

23. GOVERNING LAW

This Agreement shall be governed by and construed in accordance with the laws of the State of  .

---

TIME IS OF THE ESSENCE

Time is of the essence with respect to all provisions of this Agreement.

---

ENTIRE AGREEMENT

This Agreement constitutes the entire agreement between the Parties and supersedes all prior negotiations, representations, and agreements relating to this subject matter.