Presentation on theme: "He jumped up, grabbed the huge stack of jumbled up papers in front of him, and ran out of the room screaming like a bat out of …. OK, maybe this is a slight."— Presentation transcript:
Not only does it contain every form that youll need, it also gives you step-by-step instructions on how to fill them out Each form has every blank numbered and on the next page are suggestions of what information to put in the corresponding blank. Suggestions are made for buying and selling. You should fill out the forms differently when you are buying than when you are selling. Below is an example of a form that is numbered Standard Purchase and Sales Agreement Parties _____________01_________________(BUYER) an_______________02_______________(SELLER) which terms may be singular or plural and will include the heirs successors, personal representatives and assigns of Seller and Buyer, hereby agree that Seller will sell and Buyer will buy the following property, upon the following terms and conditions if completed or marked. In any conflict of terms or conditions, that which is added will supersede that which is printed or marked. The Property is in _________03__________County, and is described as follows (If lengthy, attach legal description):________________________________04____________________________________________ Address___________________________________05_____________________________ZIP____________It is understood that the Property will be conveyed by General Warranty Deed (unless otherwise required) subject to taxes, existing zoning (unless otherwise specified in paragraph 16), covenants, restrictions and easements 1. Total Purchase Price to be paid by Buyer is payable as follows: A. (SEE NOTE) Binder deposit which will remain as a binder until closing, unless sooner forfeited or returned, according to the provisions in this Agreement $__06__ B. Additional binder deposit due within __07____days after date of this agreement $__08__ C. Balance due at closing (not including Buyers closing cost, prepaid items or prorations) in U.S. cash or locally drawn certified or cashiers check approx.____10_____exactly______10 $__11__ E. Purchase money loan to Seller on terms set forth in Paragraph 2C $__09__ D. Proceeds of a new loan to be executed by Buyer to any lender other than Seller $__12__ F. Other financing _____________________________ $__13__ G. Existing mortgage balance encumbering the Property to be assumed by Buyer (approximately) $__14__ H. Total Purchase Price approx. __________16_________ exactly _______16__________ $__15__
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