This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Washington Mobile Home Purchase Agreement
Category:
State:
Multi-State
Control #:
US-02474BG
Format:
Word;
PDF;
Rich Text
Instant download
Description
Free preview
How to fill out Mobile Home Purchase Agreement?
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FAQ
Your letter should explain why you're interested in buying the house and include details regarding your mortgage financing and expected closing date. Often, the key to writing the best offer letter is finding a way to connect with the seller on a personal level.
Although all mobile homes are assessed as real property, the collection of taxes is based on the ownership of the land.
Make sure your financing and cash are all set. Set an offer price. Decide how much earnest money to offer. Choose the contingencies to include. Write a purchase offer. Walk away, negotiate or move toward closing.
You won't be able to offer more than you can afford, so it's important to determine your budget upfront. Some financial experts use a rule of thumb that says your home should cost no more than two or three times your annual household income.
Be sure to include at least the following information: Mobile home description, including VIN, serial number, make, model, and year. Buyer and seller names, addresses and contact information. Sale date. Sale price, including any taxes. Sale conditions and terms, including warranties or ?as is? status.
Steps to Write an Offer Make sure the price is right. ... Show proof of pre-qualification. ... Offer more earnest money. ... Waive certain contingencies. ... Include an escalation clause. ... Limit your asks for extras. ... Be agreeable to the seller's needs. ... Be polite.
Documents required can vary but typically include the signed Certificate of Ownership (title) or notarized Affidavit of Loss/Release of Interest, Bill of Sale, and the tax clearance form from the Treasurer's office. If the mobile home is older than 1976, the sellers must also complete a Mobile Home Notice Affidavit.
Washington Department of Licensing (DOL) within 15 days of the home's sale. The seller signs over the title to you. The DOL then gives (issues) you a new title. If you are paying on the home, the title lists you as the registered owner and the seller as the legal owner until you ?inish making payments.
