Vincent Nutt - Broker: (901)336-6888; TN License #228938 Firm#; MS License #13347 Firm#
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RF 401 Purchase and Sale Agreement - TN
Buyer Full Name1
(Required)
Buyer Full Name2
Seller Full Name1
(Required)
Seller Full Name2
Property Full Street Address
(Required)
Property Address City
(Required)
Property Address Zip
(Required)
Property Address County
(Required)
Deed Book Number (enter N/A if not applicable)
(Required)
Deed Page (enter N/A if not applicable)
(Required)
Deed Insturment Number (enter N/A if not applicable)
(Required)
Property Description (e.g. Tax Parcel ID; or Lot #, Phase #, Subdivision Name; or Lot #, Plat Book #, Plat Page #)
(Required)
How many garage door openers included? If applicable.
Personal Property Included e.g. pool table? List here.
Property Excluded e.g. chandelier, drapes etc.? List here.
Leased items currently in place e.g. security system? List here.
This box MUST be checked to be part of this agreement.
Buyer does NOT wish to assume a leased item? Check here if true.
Which leased item(s) will NOT be assumed by Buyer?
What is the Purchase Price in US Dollars
(Required)
Purchase Price Written Out
(Required)
IF Contingent upon a loan, what percentage of price loan is being obtained? e.g. 95% (Enter numbers only)
Up to ______% of the purchase price to be secured by loan.
What type of loan is the Buyer obtaining?
Conventional
FHA
FHA Loan; attach addendum
VA
VA Loan; attach addendum
Rural Development / USDA
Rural Development/USDA
Other Loan
Other
Other Loan Type Description
Financing Contingency Waived
Financing Contingency Waived
Sale is NOT contingent upon the Buyer obtaining a loan. This box MUST be checked to be part of the agreement.
If NOT contingent upon a loan, how shall the Buyer produce proof of funds with this offer? e.g. Bank or Financial Statement; Bank Letter
Please select one choice regarding Appraisal Contingency. Boxes NOT checked are NOT part of this agreement.
(Required)
Sale is NOT contingent upon the Appraised Value equal to or exceeding purchase price
Sale IS CONTINGENT upon the Appraised Value equal or exceeding purchase price.
Title Expenses. Who is paying for the TItle Search, Mortgage Title Insurance, Owner Title Insurance?
(Required)
e.g. "Seller to pay for Title Search, Buyer to pay all other Title costs."
Closing Costs. Are there any special instructions or requests? E.g. "Seller to pay up to 3% of purchase price toward Buyers closing costs."
Who is the closing agent for the Buyer? E.g. Guardian Title Company
(Required)
What is the contact information for the Buyers closing agent? E.g. Address, Phone, Email
(Required)
Who is the closing agent for the Seller? E.g. Guardian Title Company
(Required)
What is the contact information for the Sellers closing agent? E.g. Address, Phone. Email
(Required)
Within how many business days will the Earnest Money be paid? E.g. 2-3 days
(Required)
Who is the Holder of the Earnest Money? E.g. Guardian Title Company, Listing Agent
(Required)
What is the address of the Earnest Money Holder?
(Required)
What is the amount of Earnest Money in US Dollars?
(Required)
If NOT paying Earnest Money by check, how will it be paid? E.g. Certified Funds
What Day of the month for the closing date?
(Required)
What is the Month of the closing date? E.g. October (spell out the month)
(Required)
What is the Year of the closing date?
(Required)
Please select once regarding Possession terms. (Unselected items will NOT be part of agreement)
(Required)
At closing as evidenced by delivery of deed and payment of purchase price.
As agreed in the attached and incorporated Temporary Occupancy Agreement
Greenbelt (Unselected items will NOT be part of agreement)
If in Greenbelt, Buyer intends for property to REMAIN in Greenbelt.
NO Greenbelt
If in Greenbelt, Buyer does NOT intend for the property to remain in Greenbelt, and Seller to pay roll back taxes at closing.
Special Assessments. Applicable? If So, describe any agreement for the balance of payments. Otherwise Seller must settle at closing.
Deed. Whose name(s) are to be on the deed as the new owners? Usually Buyer(s) but could also be another party or entity. Define here.
Was the home built BEFORE or AFTER 1977?
(Required)
My home was built AFTER 1977
My home was built BEFORE 1978.
Inspections. IF Buyer is having due diligence inspections. Within how many days of agreement will these inspections be completed? E.g. 7-10
7 to 10 days is typical
IF Buyer is requesting repairs due to inspections, how many days do the parties have to come to a resolution agreement?
3-5 days is typical
OR Buyer to waive any request for repairs as a result of inspections. (Unselected items will NOT be part of agreement)
Buyer waives the option to request items for repair and there will be no resolution period.
Waiver of ALL inspections. (Unselected items will NOT be part of agreement)
Waiver of ALL inspections. The Buyer will NOT conduct due diligent inspections and accepts the property AS IS. This box MUST be checked to be part of this agreement.
Final Inspection. How many days prior to closing will the Buyer do the final walk through?
(Required)
1-2 days is typical
Please select one regarding Home Protection Plan. (Unselected items will NOT be part of agreement)
(Required)
Yes. The Buyer is getting a Home Protection Plan.
No. The Buyer is NOT getting a Home Protection Plan.
Who will pay for the Home Protection Plan, Buyer or Seller?
What is the cost of the Home Protection Plan?
Who is the Plan Provider?
Who is ordering the Home Protection Plan?
Exhibits and Addenda. List Exhibits such as aerial map, tax record, FHA/VA addendum, plat or survey, etc. if applicable and attach.
Special Stipulations. The following Special Stipulations, if conflicting with any proceeding section, shall control: Are there any special terms that contradict or are omitted in prior sections that are part of this agreement? E.g. Sale is subject to acceptable survey; Buyer would like to close as soon as possible; Seller paid closing costs should not be placed here, as there is space for that in the Closing Costs section of this form.
Expiration of Offer Time of Day
(Required)
Expiration of Offer Time of Day am/pm
(Required)
AM
PM
Expiration of Offer Day of Month
(Required)
Exiration of Offer Month
(Required)
Expiration of Offer Year
(Required)
For Information Purposes Only. Were real estate brokers involved. IF so who was the Listing Company?
Listing Firm Address
Listing Firm License Number
Listing Firm Phone Number
Listing Licensee Name
Listing Licensee License Number
Listing Licensee Phone
Listing Licensee Email
Buyer Brokerage Company
Buyer Brokerage Address
Buyer Brokerage License Number
Buyer Brokerage Phone
Buyer Agent Name
Buyer Agent License Number
Buyer Agent Phone
Buyer Agent Email
HOA / COA Name or Property Management Company
HOA Phone
HOA Email
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