Sales
Agreement Information Checklist
1. Sellers full legal names.
Single? Husband and wife? Widow? Etc.
A. Full physical address of sellers, including the zip code.
B. Daytime phone number where seller can be reached.
C. Social security numbersof the sellers. Indicate his-hers.
2. Buyers' full legal names.
*Need same information as from Seller
except for the social security numbers.
3. Legal description of the property which may be obtained from:
A. Copy of prior deed or deed of trust regarding the subject property.
B. A copy of a previous survey plat made when property was purchased,
if available.
4. Street, highway, or rural route address of property.
5. The amount of earnest money deposit to be made under terms of the contract
(If earnest money is to be deposited.)
6. Proposed sale price. Amounts of down payment and proposed loan.
7. Name of proposed Lender. Proposed loan conventional or FHA/VA?
8. Name, address, and phone number of existing lender-you also need loan
number.
9. If the current record owners at the courthouse (the previous purchasers
of the property) are different, in any way, from the names of the sellers
in this transaction, a detailed explanation of the the circumstances and
persons involved will be necessary.
10. Regarding the condition of the property:
A. The property is to be conveyed in
"as is" condition.
B. The buyer will have the option, at his expense, to have property inspected
by licensed inspectors.
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