Real Estate Contract for Sale - Cash or Seller Financing

This Residential Real Estate Sale Contract (Cash Sale or Seller Financing) is used for residential real estate transactions where the buyer is paying for the property in cash or the seller is financing the property purchase. This sales contract is used for the sale of free-standing residential homes and creates a binding legal obligation when signed by the parties. This contract contains the customary terms between a buyer and seller and also contains provisions regarding financing contingencies, required surveys and conveyance of title. It is crucial that this type of sales contract be clearly set out in writing. (continued ...)