SALES AND PURCHASE AGREEMENT
1. The undersigned PURCHASER offers to purchase the property located at
.
The property shall include the land, all rights, privileges and easements, and all
buildings and fixtures in their present condition.
2. PURCHASER agrees to pay for the property the sum of ; payable as follows:
(a) Earnest Money
(b)Cash, to be deposited in escrow, part or all of which may be proceeds of any mortgage
secured by PURCHASER $
3. SELLER shall furnish a general warranty deed, in recordable form, conveying to
PURCHASER, or nominee, good and marketable title to the property, with dower rights,
of any, released, free and clear of all liens and encumbrances
4. Closing: All documents and funds necessary to close this transaction shall be placed
in escrow with and the closing date shall be or sooner, except
if a defect in title appears. The Escrow/Title Agent shall charge SELLER any pay out of
the purchase price: the real property transfer tax and any transfer fee and any amounts
due to PURCHASER by reason of proration.
Escrow AND Title fee's to be paid by: PURCHASER
5. Additional Terms, Conditions, or Addenda attached hereto:
• Purchaser is buying the home "AS-IS Where is, NO warranties expressed or
implied as to the condition of the property".
• In the event that this purchase does not close by or sooner than 02/02/2024
• after opened escrow. the SELLER will be entitled to EMD in escrow.
• Purchaser will pay ALL CLOSING COST.
Other Agreement: N/A
Inspection Contingency: Buyer's obligation to complete this sale is contingent upon
an inspection of the Premises to verify the acceptable to for at least the sales price by a
walk-through and/or Pictures provided by Seller. If the Premises fails to inspect for the
sales price, Buyer has five (5) days after notice of the verified value to cancel this
Contract and receive a refund of the Earnest Money or the Inspection contingency
shall be waived.
SALES AND PURCHASE AGREEMENT
Buyer Disapproval or Acceptance: During the Inspection Period Buyer will have
the right to cancel this Contract for any reason, in the Buyer's sole discretion. Upon
such cancellation, Buyer shall be entitled to a return of all earnest money deposits
together with all interest earned thereon. Unless Buyer gives written notice of
cancellation before the expiration of the Inspection Period, then Buyer will be deemed
to have elected not to cancel this Contract. Seller grants Buyer and Buyer's inspectors,
employees, and agents' reasonable access to conduct walkthroughs of the Property for
the purpose of conducting any inspections of the Property Buyer may require.
Buyer Disclosure: Buyer is an LLC in the Business of Buying and Selling Real Estate
for a Profit. Buyer may elect to Fix and Flip, Buy and Hold or Wholesale contract at
Buyers sole discretion during the Inspection Period.
Seller Date
Seller Date
Buyer Date
Buyer Date