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MODULAR HOME PURCHASE CONTRACT The Seller noted above is referred to as Seller throughout this Contract. Contract Date / / The person or persons identified here are referred to as Buyer throughout

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How to fill out modular home purchase contract

How to Fill Out a Modular Home Purchase Contract:

01

Begin by inputting the date and relevant contact information for both the buyer and the seller. This includes their names, addresses, phone numbers, and email addresses.

02

Specify the details of the modular home being purchased, including the make, model, and year. Include any additional features or upgrades that are included in the sale.

03

State the purchase price of the modular home and outline the payment terms, such as the down payment amount, financing options, and the schedule for subsequent payments.

04

Include any contingencies that must be met for the sale to proceed. This might involve a successful home inspection, appraisal, or loan approval.

05

Outline any warranties or guarantees provided by the seller, including information about any applicable transferable warranties or builder warranties.

06

Specify who will be responsible for paying various closing costs, such as title search fees, recording fees, and any applicable taxes.

07

Provide a timeline for the closing process, including the proposed closing date and any deadlines for completing additional paperwork or inspections.

08

Include space for both the buyer and the seller to sign and date the contract, indicating their agreement to the terms outlined.

Who Needs a Modular Home Purchase Contract?

A modular home purchase contract is necessary for individuals or entities who are in the process of buying or selling a modular home. This includes both buyers and sellers who wish to establish clear terms and conditions for the sale. By having a written contract, both parties can protect their interests and ensure that there is a legally binding agreement in place. It is advised that anyone engaging in a modular home purchase should have a contract in order to avoid any future disputes or misunderstandings.

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