Home > Business > Agreement Template > Offer to Purchase Real Estate Template > Idaho Offer to Purchase Real Estate Form > Idaho Real Estate Purchase and Sale Agreement Template

Idaho Real Estate Purchase and Sale Agreement Form

At Speedy Template, You can download Idaho Real Estate Purchase and Sale Agreement Form . There are a few ways to find the forms or templates you need. You can choose forms in your state, use search feature to find the related forms. At the end of each page, there is "Download" button for the forms you are looking form if the forms don't display properly on the page, the Word or Excel or PDF files should give you a better reivew of the page.

Idaho Real Estate Purchase and Sale Agreement Form
Idaho Real Estate Purchase and Sale Agreement Form
ID#
Listing Agent
Selling Agent
Office Phone #
E-Mail Phone #
E-Mail Phone #
RE-21 REAL ESTATE PURCHASE AND SALE AGREEMENT
THIS IS A LEGALLY BINDING CONTRACT, READ THE ENTIRE DOCUMENT, INCLUDING ANY ATTACHMENTS.
IF YOU HAVE ANY QUESTIONS, CONSULT YOUR ATTORNEY AND/OR ACCOUNTANT BEFORE SIGNING.
DATE
County, ID, Zip
(Hereinafter called "BUYER") agrees to purchase, and the undersigned SELLER agrees to sell the following described real estate hereinafter referred to as
City legally described as:
OR Legal Description Attached as addendum #
payable upon the following TERMS AND CONDITIONS (not including closing costs):
PURCHASE PRICE: DOLLARS,
A
dditional financial terms are contained in a FINANCING ADDENDUM of same date, attached hereto, signed by both parties.
$
(E).
any of above loans being Assumed or taken "subject to", any net differences between the approximate balances and the actual balance of said loan(s)
shall be adjusted at closing of escrow in:
$
.Cash Other
)(
(D).
ADDITIONAL FINANCIAL TERMS:
(Addendum must accompany original offer.)
Fax #
Office Phone # Fax #
"PROPERTY" COMMONLY KNOWN AS
LISTING AGENCY
SELLING AGENCY
1. BUYER:
3. FINANCIAL TERMS: Note: A+C+D+E must add up to total purchase price.
$2.
A
dditional financial terms are specified under the heading "OTHER TERMS AND/OR CONDITIONS" (Section 4).
RE-21 REAL ESTATE PURCHASE AND SALE AGREEMENT
APPROXIMATE FUNDS DUE FROM BUYERS AT CLOSING (Not including closing costs): Cash at
SELLER'S Initials ( ) Date
SECOND LOAN of $
Other
Fixed Rate
BUYER SELLER Divided Equally N/A.
$
RURAL
Other
FIRST LOAN of $ FHA, VA, CONVENTIONAL, IHFA,
(C).
(B). ALL CASH OFFER:
OFFER, BUYER'S OBLIGATION TO CLOSE SHALL NOT BE SUBJECT TO ANY FINANCIAL CONTINGENCY. BUYER agrees to provide SELLER
within
NO
$
DOLLARS as Earnest Money evidenced by:
other
deposited in trust account
other
(A).
cash personal check cashier's check note (due date):
and a receipt is hereby acknowledged. Earnest Money to be
upon receipt, or upon acceptance by BUYER and SELLER and shall be held by: Listing Broker Selling Broker
for the benefit of the parties hereto.
OTHER
Fixed Rate
BUYER SELLER Divided Equally N/A.
with interest not to exceed % for a period of
year(s) at: point(s) plus origination fee if any. SELLER shall pay. BUYER shall pay no more than
point(s). Any reduction in points shall first accrue to the benefit of the
year(s) at:% for a period ofwith interest not to exceed
point(s). Any reduction in points shall first accrue to the benefit of the
point(s) plus origination fee if any. SELLER shall pay no more than. BUYER shall pay no more than
not including mortgage insurance, through
)(BUYER'S Initials ( ) Date
JULY 2010 EDITION Page 1 of 7
This form is printed and distributed by the Idaho Association of REALTORS®, Inc. This form has been designed and is provided for use by the real estate professionals who are members of the
National Association of REALTORS®. USE BY ANY OTHER PERSON IS PROHIBITED. ©
EARNEST MONEY: BUYER hereby deposits
DEVELOPMENT,
LOAN APPLICATION: BUYER
Within
shall apply for such loan(s) withinhas applied
This Agreement is contingent upon BUYER obtaining the following financing:
NEW LOAN PROCEEDS:
no more than
Copyright Idaho Association of REALTORS®, Inc. All rights reserved.
Y
ES If this is an all cash offer do not complete Sections 3C and 3D, fill blanks with "0" (ZERO). IF CASH
business days (five [5] if left blank) from the date of acceptance of this agreement by all parties, evidence of sufficient funds and/or proceeds
necessary to close transaction. Acceptable documentation includes, but is not limited to, a copy of a recent bank or financial statement or contract(s) for
the sale of BUYER'S current residence or other property to be sold.
business days (five [5] if left blank) of SELLER'S acceptance.
business days (ten [10] if left blank) of final acceptance of all parties, BUYER agrees to furnish SELLER with a written confirmation
showing lender approval of credit report, income verification, debt ratios, and evidence of sufficient funds and/or proceeds necessary to
close transaction in a manner acceptable to the SELLER(S) and subject only to satisfactory appraisal and final lender underwriting. If such
written confirmation is not received by SELLER(S) within the strict time allotted, SELLER(S) may at their option cancel this agreement by notifying
BUYER(S) in writing of such cancellation within business days (three [3] if left blank) after written confirmation was required. If SELLER does not
cancel within the strict time period specified as set forth herein, SELLER shall be deemed to have accepted such written confirmation of lender approval
and shall be deemed to have elected to proceed with the transaction. SELLER'S approval shall not be unreasonably withheld. If an appraisal is
required by lender, the PROPERTY must appraise at not less than purchase price or BUYER'S Earnest Money may be returned at BUYER'S
request. BUYER may also apply for a loan with different conditions and costs and close transaction provided all other terms and conditions of this
THE RESPONSIBLE BROKER SHALL BE:
.
closing to be paid by BUYER at closing in GOOD FUNDS, includes: cash, electronic transfer funds, certified check or cashier's check. NOTE: If
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
A
greement are fulfilled, and the new loan does not increase the costs or requirements to the SELLER. FHA / VA: If applicable, it is expressly agreed
that notwithstanding any other provisions of this contract, BUYER shall not be obligated to complete the purchase of the PROPERTY described herein or
to incur any penalty or forfeiture of Earnest Money deposits or otherwise unless BUYER has been given in accordance with HUD/FHA or VA
requirements a written statement by the Federal Housing Commissioner, Veterans Administration or a Direct Endorsement lender setting forth the
appraised value of the PROPERTY of not less than the sales price as stated in the contract. SELLER agrees to pay fees required by FHA or VA.
JULY 2010 EDITION
Page 1 of 7
and Zero/100
and Zero/100
0.00
0.00
Line C below is the total of the First Loan and the Second Loan. Only use numbers in these lines.
Line E below is the total of the Purchase Price minus Lines A, C, and D. Only use numbers in these lines.
NOTE: Line 2 is a number-to-text fields. First, type in the $_____ fields to generate the corresponding text. Do not use commas.
NOTE: Line 3.A is a number-to-text fields. First, type in the $_____ fields to generate the corresponding text. Do not use commas.
Save This Form
Return to Forms
NEXT>>
Clear Form
Print
Print
Clear Form
NEXT>>
Return to Forms
Save This Form
Idaho Real Estate Purchase and Sale Agreement Form
Previous

1/7

Next