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.
California Mobile Home Purchase Agreement
Category:
State:
Multi-State
Control #:
US-02474BG
Format:
Word;
PDF;
Rich Text
Instant download
Description
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How to fill out Mobile Home Purchase Agreement?
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FAQ
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.
Steps to Write an Offer Make sure the price is right. ... Show proof of pre-qualification. ... Offer more earnest money. ... Waive certain contingencies. ... Include an escalation clause. ... Limit your asks for extras. ... Be agreeable to the seller's needs. ... Be polite.
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.
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.
The new 2021 California Purchase Agreement is 16 pages long and some buyers and sellers will have questions. The Consumer's Guide to the RPA is a 36-page book that helps REALTORS® explain and guide their clients through the form.
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.
Updated September 20, 2023. A California residential purchase and sale agreement is a contract between a buyer that agrees to purchase real estate from a seller for an agreed-upon sales price.
The California Residential Purchase Agreement (RPA) form is the cornerstone of every successful real estate transaction in the state of California and there are several essential concepts, principles, and facts about this form that all REALTORS® should know.