This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Arizona Mobile Home Purchase Agreement
Category:
State:
Multi-State
Control #:
US-02474BG
Format:
Word;
PDF;
Rich Text
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FAQ
You won't be able to offer more than you can afford, so it's important to determine your budget upfront. Some financial experts use a rule of thumb that says your home should cost no more than two or three times your annual household income.
At its most basic, a purchase agreement should include the following: Name and contact information for buyer and seller. The address of the property being sold. The price to be paid for the property. The date of transfer. Disclosures. Contingencies. Signatures.
Any purchase agreement should include at least the following information: The identity of the buyer and seller. A description of the property being purchased. The purchase price. The terms as to how and when payment is to be made. The terms as to how, when, and where the goods will be delivered to the purchaser.
A real estate license is required only if the transaction involves the sale or lease of real property. The sale of manufactured homes without land attached requires a license from the Arizona Department of Real Estate or the Arizona Department of Housing.
Be sure to include at least the following information: Mobile home description, including VIN, serial number, make, model, and year. Buyer and seller names, addresses and contact information. Sale date. Sale price, including any taxes. Sale conditions and terms, including warranties or ?as is? status.
Your letter should explain why you're interested in buying the house and include details regarding your mortgage financing and expected closing date. Often, the key to writing the best offer letter is finding a way to connect with the seller on a personal level.
Make sure your financing and cash are all set. Set an offer price. Decide how much earnest money to offer. Choose the contingencies to include. Write a purchase offer. Walk away, negotiate or move toward closing.
7 must-ask questions before you make an offer Why is the seller selling the house? ... How much did they pay for the house? ... How much does the seller have left on their mortgage? ... What's the housing market like in your area? ... Are there any recent sales to compare this property to?