This Home Purchase Agreement is a contract for the purchase of a home entered into
between a buyer and seller. Important contract details contained in this document are
the purchase price; the amount of down payment; how long the offer will be open; the
date the sale will be finalized; items included in the sale; items not included in the sale;
a legal description of the property; guarantee of clear title; an inspection clause, and a
mortgage contingency provision. This agreement contains other important language and
clauses as well; however, additional language may be added by the contracting parties
to ensure their needs are met. Use this document when selling or purchasing a home.
HOME PURCHASE & SALES AGREEMENT
This Home Purchase & Sales Agreement (herein referred to as the “Agreement”) is entered into
this ___________ day of _______________ [month], _____ [year] (“Effective Date”), by and
between ____________ [name of person selling the real estate], an individual with an address of
_____________________ [address of seller] (“Seller”), and __________ [name of person/firm
buying the property], an individual with an address of ________________ [address of buyer
(“Buyer”).
In consideration of the mutual covenants contained herein and other good and valuable
consideration received, receipt and sufficiency of which is hereby acknowledged, Seller and
Buyer agree as follows:
1. SALE OF PREMISES
Seller agrees to sell and convey to Buyer, and Buyer agrees to purchase from Seller, the
following Property:
(a) The Property located at: _________________ [physical address of the property] more
fully described in the attached Attachment A, annexed hereto and made a part hereof.
(b) Improvements and fixtures: The sale shall include the house, garage, and all other
fixtures and improvements attached to the above-described property and used in
connection therewith, including without limitation, the following permanently
installed and built-in items, if any: all equipment and appliances, valances, screens,
shutters, awnings, wall-to-wall carpeting, mirrors, ceiling fans, attic fans, mail boxes,
television antennas and satellite dish system and equipment, heating and air-
conditioning units, security and fire detection equipment, wiring, plumbing and
lighting fixtures, chandeliers, water softener system, kitchen equipment, garage door
openers, cleaning equipment, shrubbery, landscaping, outdoor cooking equipment,
and all other property owned by Seller and attached to the above described property.
[strike out whichever does not apply]
(c) Accessories: The sale shall include the following described related accessories, if any:
window air conditioning units, stove, fireplace screens, curtains and rods, blinds,
window shades, draperies and rods, controls for satellite dish system, controls for
garage door openers, entry gate controls, door keys, mailbox keys, above ground
pool, swimming pool equipment and maintenance accessories, and artificial fireplace
logs. [strike out whichever does not apply]
(herein collectively referred to as the “Property”).
(d) Exclusions: The sale shall not include the following: [list items excluded from sale].
2. PURCHASE PRICE
The total purchase price for the Property is ____________________ ($_________.___) dollars.
The purchase price will be paid as follows:
Earnest money Deposit $_________________.____
Balance Money: $_________________.____
TOTAL: $_________________.____ (the “Purchase Price”)
The Earnest money deposit is due and payable on the execution of this agreement. The Balance
purchase price has to be paid upon Closing. All payments must be made by cash or certified
funds.
3. EARNEST MONEY DEPOSIT
Buyer hereby agrees to tender an Earnest Money Deposit in the amount of
__________________ ($___________) (the “Earnest Money Deposit”). The Earnest Money
Deposit shall be deposited with __________ [escrow agent name] of _____________ [escrow
agent’s company] (the “Escrow Agent”), upon execution of th