Eugene Oregon Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement

State:
Oregon
City:
Eugene
Control #:
OR-00472
Format:
Word; 
Rich Text
Instant download

Description

This form is a Contract for the sale of real estate for use in Oregon. 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.


The Eugene Oregon Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement is a legal document used in the real estate industry to outline the terms and conditions of a residential property sale between a buyer and a seller in Eugene, Oregon. This agreement is specifically designed for transactions where no real estate brokers are involved, allowing both parties to proceed with the sale independently. The Eugene Oregon Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement encompasses various important aspects of the property sale, including the identification of the parties involved, the agreed-upon purchase price, and the property's specific details. It also includes provisions related to inspections, financing, and earnest money deposits. One type of this contract is the standard Eugene Oregon Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement, which covers general residential property sales in Eugene, Oregon. However, there may be variations of this agreement tailored for specific circumstances or types of properties, such as: 1. Eugene Oregon Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement: Foreclosure. This specialized agreement is used when the property being sold is undergoing foreclosure or is a bank-owned property. 2. Eugene Oregon Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement: Short Sale. In the case of a short sale, where the property is being sold for less than the amount owed by the homeowner, a specific contract may be used to address the unique aspects of such transactions. 3. Eugene Oregon Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement: New Construction. When purchasing a newly constructed home in Eugene, Oregon, a modified version of the contract may be utilized to account for additional considerations related to construction timelines, warranties, and potential deviations from standard features. These various types of contracts aim to provide clarity and protection to both buyers and sellers involved in the residential properties sales in Eugene, Oregon. It is crucial for all parties to carefully review and understand the specific terms and conditions outlined in the agreement before signing. Additionally, seeking legal counsel or assistance from a real estate professional can ensure compliance with state laws and regulations.

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FAQ

How do I write a Sales Agreement? Specify your location.Provide the buyer's and seller's information.Describe the goods and services.State the price and deposit details (if applicable)Outline payment details.Provide delivery terms.Include liability details.State if there's a warranty on the goods.

Required Elements of a Real Estate Contract To establish legality, a real estate contract must include a legal purpose, legally competent parties, agreement by offer and acceptance, consideration, and consent.

6 Essential Elements of a Contract Offer. Acceptance. Awareness. Consideration. Capacity. Legality.

A draft contract is an agreement that's not finalized. During the process of a property transaction, for instance, the first agreement is called the draft contract. The precise terms and wording also have not been agreed to by all sides.

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.

How do I write a Sales Agreement? Specify your location.Provide the buyer's and seller's information.Describe the goods and services.State the price and deposit details (if applicable)Outline payment details.Provide delivery terms.Include liability details.State if there's a warranty on the goods.

6 steps to sell a home in Oregon without a realtor Get your home ready to sell.Price your home accurately.List your home.Show your home.Consider offers.Use a title and/or escrow company.

Most purchase agreements in real estate are contingent on two items - The home inspection and mortgage financing contingencies.

At its most basic, a purchase agreement should include the following: Name and contact information for buyer and seller. The address of the property being sold. The price to be paid for the property. The date of transfer. Disclosures. Contingencies. Signatures.

How do I write a Sales Agreement? Specify your location.Provide the buyer's and seller's information.Describe the goods and services.State the price and deposit details (if applicable)Outline payment details.Provide delivery terms.Include liability details.State if there's a warranty on the goods.

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Eugene Oregon Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement