Printable dating contracts for teens
In a partial purchase price agreement, the owner provides a portion of the purchase price of the property, for example, any balance that the buyer could not obtain a mortgage for from a third party, such as a bank.
In a full purchase price agreement, the owner provides a mortgage to the buyer for the full purchase price of the property minus any down payment the buyer provides.For example, this form might be useful in protecting a school, a riding stable, or the owner of a ropes course.The form can but used whether the participant is a child or an adult.This section states the main purpose of the contract: to establish an owner-financed mortgage.It also identifies the agreed-upon purchase price for the property and that the price was agreed to after an appraisal.It should be used for informational purposes only and does not constitute legal advice.
Check with a qualified legal professional prior to offering or agreeing to terms in any mortgage contract.
Having an appraisal and noting the occurrence of the appraisal prevents the buyer from later stating that the purchase price was too high in an attempt to invalidate the contract.
This section, which does not require inputting any additional information, allows the owner to hire an outside party to establish official mortgage documentation and process loan payments.
The sample contract applies to both types of owner financing agreements.
This sample is provided here as an example, but is not meant to be used as an alternative to consulting a real estate attorney.
Simply click the image of the letter that most closely meets your needs to open the file, then edit the information to personalize it to your particular situation.