This form is a Contract for the sale of real estate for use in Washington. 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 Seattle Washington Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement is a legally binding agreement used in Seattle, Washington, for the sale and purchase of residential real estate without the involvement of a broker. This contract outlines the terms and conditions that both the buyer and the seller must adhere to for a successful residential home sale. It provides a framework for the transaction, ensuring that all parties are protected and their rights are upheld. The agreement typically starts with identifying information for both the buyer and the seller, including their names and contact details. It also includes a description of the property being sold, including its address and legal description. Important terms and conditions such as the purchase price, closing date, and financing information are included in the contract. The purchase price is the agreed-upon amount that the buyer will pay for the property, while the closing date signifies the date on which the ownership of the property will transfer from the seller to the buyer. The financing information includes the details of any loans or mortgages involved in the transaction. Other key provisions in the contract may include contingencies, such as home inspections, financing approval, and the satisfactory review of documents related to the property. These contingencies provide the buyer with an opportunity to back out of the contract if certain conditions are not met. The Seattle Washington Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement also covers the responsibilities of both buyer and seller. It outlines who is responsible for paying for various fees and expenses related to the sale, such as title insurance, inspection costs, and escrow fees. It is worth noting that there may be different versions or variations of the Seattle Washington Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement, depending on the specific circumstances or preferences of the parties involved. However, these variations will generally cover similar basic terms and conditions with minor modifications. In conclusion, the Seattle Washington Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement is a crucial document that facilitates the smooth and legally sound transfer of residential real estate ownership. It ensures that both the buyer and the seller are protected and provides a clear framework for the transaction.The Seattle Washington Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement is a legally binding agreement used in Seattle, Washington, for the sale and purchase of residential real estate without the involvement of a broker. This contract outlines the terms and conditions that both the buyer and the seller must adhere to for a successful residential home sale. It provides a framework for the transaction, ensuring that all parties are protected and their rights are upheld. The agreement typically starts with identifying information for both the buyer and the seller, including their names and contact details. It also includes a description of the property being sold, including its address and legal description. Important terms and conditions such as the purchase price, closing date, and financing information are included in the contract. The purchase price is the agreed-upon amount that the buyer will pay for the property, while the closing date signifies the date on which the ownership of the property will transfer from the seller to the buyer. The financing information includes the details of any loans or mortgages involved in the transaction. Other key provisions in the contract may include contingencies, such as home inspections, financing approval, and the satisfactory review of documents related to the property. These contingencies provide the buyer with an opportunity to back out of the contract if certain conditions are not met. The Seattle Washington Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement also covers the responsibilities of both buyer and seller. It outlines who is responsible for paying for various fees and expenses related to the sale, such as title insurance, inspection costs, and escrow fees. It is worth noting that there may be different versions or variations of the Seattle Washington Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement, depending on the specific circumstances or preferences of the parties involved. However, these variations will generally cover similar basic terms and conditions with minor modifications. In conclusion, the Seattle Washington Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement is a crucial document that facilitates the smooth and legally sound transfer of residential real estate ownership. It ensures that both the buyer and the seller are protected and provides a clear framework for the transaction.
