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LAND PURCHASE AND SALE AGREEMENT February 13, 2024, Offer Date: ___2024 Printing A. KEY TERMS AND CONDITIONS 1. Purchase and Sale. The undersigned buyer(s) (Buyer) agree to buy and the undersigned
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How to fill out buying a home contingent

01
Find a suitable property that you wish to buy contingent upon selling your current home.
02
Contact a real estate agent to help navigate the process and ensure all necessary contingencies are included in the purchase agreement.
03
Secure financing for the purchase, taking into account the contingency clause.
04
Negotiate the terms of the contingent purchase with the seller, including the timeline for selling your current home.
05
Once the purchase agreement is signed, actively market and sell your current home to fulfill the contingency.
06
Close on both the sale of your current home and the purchase of the new home as outlined in the contingency agreement.

Who needs buying a home contingent?

01
Individuals who are looking to purchase a new home but are dependent on selling their current home first.
02
Buyers who want to secure a home they love before putting their current home on the market.
03
Homeowners who do not have the financial resources to carry two mortgages simultaneously.
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Buying a home contingent means that the purchase of the home is dependent on certain conditions being met, such as securing financing or a satisfactory home inspection.
The buyer and seller are typically required to agree to the terms of the buying a home contingent.
To fill out a buying a home contingent form, one would need to outline the specific conditions that must be met before the purchase can proceed.
The purpose of buying a home contingent is to protect the buyer from unforeseen issues that may arise during the purchasing process.
Information such as the specific conditions, timelines, and responsibilities of both the buyer and seller must be reported on buying a home contingent.
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