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Maine Contract for Sale and Purchase of Real Estate with No Broker for...

Home Sale And Purchase Agreement With Earnest Money Deposit

Name: Home Sale And Purchase Agreement With Earnest Money Deposit
Brand: US Legal Forms
Rating: 4.57 (435 reviews)

Category:

Maine Real Estate - Home Sale

State:

Maine

Control #:

ME-00472

Format:

Instant download

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Description Gift Of Equity

This form is a Contract for the sale of real estate for use in Maine. It can be used for a cash sale, assumption or new loan buyer. The contract contains provisions common to a real estate transaction. No broker involved.

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How to fill out Example Of Sale Agreement?

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Purchase Contract Example Form Rating

4.57

Satisfied(435)

Example Of A Sales Contract For Real Estate Form popularity

Sale Contract Example Other Form Names

Purchase And Sale Agreement Maine Sales Contract Examples Sales Contract Example Sale Agreement Example Real Estate Contract Example Purchasing Contract Example Example Of Property Sale Agreement

Home Purchase Agreement Example FAQ

Settlement SheetThe earnest money deposit will be listed as a credit to the buyer, while any other funds owed will be listed as debits. The closing agent will add up all of the debits and credits for the buyer to get a final amount of funds required at closing.

Any purchase agreement should include at least the following information:The identity of the buyer and seller.A description of the property being purchased.The purchase price.The terms as to how and when payment is to be made.The terms as to how, when, and where the goods will be delivered to the purchaser.More items...?

However, there are some basic items that should be included in every purchase agreement.Buyer and seller information.Property details.Pricing and financing.Fixtures and appliances included/excluded in the sale.Closing and possession dates.Earnest money deposit amount.Closing costs and who is responsible for paying.More items...?

The simple purchase agreement template serves to protect the buyer and seller. It is a form that documents an agreement so that each party ensures fair treatment during the transaction. The document template allows for the ease in creation of a complex document.

How to write a real estate purchase agreement.Identify the address of the property being purchased, including all required legal descriptions.Identify the names and addresses of both the buyer and the seller.Detail the price of the property and the terms of the purchase.Set the closing date and closing costs.More items...

Example Of Sale Agreement Interesting Questions

It depends on the specific terms outlined in the Home Sale and Purchase Agreement. Generally, if the buyer decides to back out without a valid reason specified in the agreement, the seller may be entitled to keep the earnest money deposit. However, if certain contingencies, such as financing or inspections, are not met, the buyer may be able to get their deposit back.

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This may also be referred to as a good faith deposit. Earnest money.This is the deposit that a buyer pays to the seller to show their commitment to purchasing a residential property. Usually, the earnest money or house deposit is handed over when the buyer and seller sign the purchase agreement or sales contract. What happens to your earnest money deposit if you don't purchase a home? Your buying agent will explain to you that the earnest money deposit is one of the four components that form part of the sales agreement.

Home Sale And Purchase Agreement With Earnest Money Deposit

Description Gift Of Equity

Home Sale Agreement Related forms

How to fill out Example Of Sale Agreement?

Show more info

Purchase Contract Example Form Rating

Example Of A Sales Contract For Real Estate Form popularity

Sale Contract Example Other Form Names

Home Purchase Agreement Example FAQ

How would an earnest money deposit appear on a closing settlement statement?

How do you write a simple purchase agreement?

What should be included in a purchase agreement?

What is a simple purchase agreement?

How do I write a purchase agreement for a house?

Example Of Sale Agreement Interesting Questions

What is a Home Sale and Purchase Agreement?

What is earnest money deposit?

How much earnest money deposit should I offer?

Can I get my earnest money deposit back if I change my mind?

What happens to the earnest money deposit if the sale goes through?

What happens to the earnest money deposit if the sale falls through?

Can I use my earnest money deposit to pay for repairs or renovations?

What should I do if there is a dispute over the earnest money deposit?

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Home Sale And Purchase Agreement With Earnest Money Deposit

Description Gift Of Equity

Home Sale Agreement Related forms

Related legal definitions

How to fill out Example Of Sale Agreement?

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For Sale On Contract Trusted and secure by over 3 million people of the world’s leading companies