This form is a Contract for the sale of real estate for use in Wisconsin. 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.
Green Bay Wisconsin Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement is a legal document that outlines the specific terms and conditions of buying or selling a residential property in Green Bay, Wisconsin, without involving a real estate broker. This agreement serves as a binding contract between the buyer and seller, ensuring a smooth and transparent transaction. The primary purpose of this contract is to establish the agreed-upon purchase price, payment terms, and contingencies, such as home inspections, financing, or appraisal. It also lays out the responsibilities and obligations of both parties involved in the transaction. By using this contract, buyers and sellers can negotiate directly, avoiding the fees associated with hiring a real estate agent. Green Bay Wisconsin Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement typically includes the following key components: 1. Property Details: This section provides a detailed description of the residential property, including its address, legal description, lot size, and any attached fixtures or personal property included in the sale. 2. Purchase Price and Financing: Here, the agreed-upon purchase price is stated, along with the buyer's proposed financing terms, such as the down payment amount, type of mortgage, and desired interest rate. 3. Earnest Money Deposit: This clause specifies the amount of earnest money the buyer agrees to deposit as a sign of good faith, which will be applied towards the purchase price upon closing of the sale. 4. Contingencies: In this part, the contract outlines any contingencies that must be met for the sale to proceed, such as satisfactory home inspection results, mortgage approval, or an appraisal meeting the agreed-upon purchase price. 5. Closing Date and Costs: The contract specifies the desired closing date, allowing enough time for the necessary paperwork and inspections to be completed. It also clarifies who will be responsible for various closing costs, including property taxes, title search fees, and recording fees. It's important to note that different variations or customized versions of the Green Bay Wisconsin Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement may exist. These could involve additional clauses or specialized terms, depending on the parties' preferences and the specific nature of the transaction.Green Bay Wisconsin Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement is a legal document that outlines the specific terms and conditions of buying or selling a residential property in Green Bay, Wisconsin, without involving a real estate broker. This agreement serves as a binding contract between the buyer and seller, ensuring a smooth and transparent transaction. The primary purpose of this contract is to establish the agreed-upon purchase price, payment terms, and contingencies, such as home inspections, financing, or appraisal. It also lays out the responsibilities and obligations of both parties involved in the transaction. By using this contract, buyers and sellers can negotiate directly, avoiding the fees associated with hiring a real estate agent. Green Bay Wisconsin Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement typically includes the following key components: 1. Property Details: This section provides a detailed description of the residential property, including its address, legal description, lot size, and any attached fixtures or personal property included in the sale. 2. Purchase Price and Financing: Here, the agreed-upon purchase price is stated, along with the buyer's proposed financing terms, such as the down payment amount, type of mortgage, and desired interest rate. 3. Earnest Money Deposit: This clause specifies the amount of earnest money the buyer agrees to deposit as a sign of good faith, which will be applied towards the purchase price upon closing of the sale. 4. Contingencies: In this part, the contract outlines any contingencies that must be met for the sale to proceed, such as satisfactory home inspection results, mortgage approval, or an appraisal meeting the agreed-upon purchase price. 5. Closing Date and Costs: The contract specifies the desired closing date, allowing enough time for the necessary paperwork and inspections to be completed. It also clarifies who will be responsible for various closing costs, including property taxes, title search fees, and recording fees. It's important to note that different variations or customized versions of the Green Bay Wisconsin Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement may exist. These could involve additional clauses or specialized terms, depending on the parties' preferences and the specific nature of the transaction.