Use This Form If:

• Individuals who are purchasing a residential property without the involvement of a real estate broker will find this contract essential. It helps outline the terms of the sale, ensuring both parties are clear on their obligations and rights during the transaction.
• Situations requiring seller financing can benefit from this contract, as it provides a structured agreement for the buyer to repay the seller through a promissory note. This arrangement is particularly useful for buyers who may not qualify for traditional bank financing.
• For those looking to document a cash sale of a home, this form serves as a comprehensive tool to record the transaction details. It ensures that all necessary disclosures and agreements are made in writing, protecting both the buyer and seller.
• Real estate investors purchasing properties directly from sellers can utilize this contract to formalize their agreements. It allows them to specify terms such as inspection contingencies and financing arrangements, which are crucial for investment transactions.
• Homeowners selling their property without a broker can use this form to navigate the sale process smoothly. It includes important provisions that address potential issues like lead-based paint hazards and title concerns.