Contract To Sell On Land Contract

Land Contract to Sell Vacant Land

A land contract lets you sell vacant land without a bank. You act as the lender. The buyer pays you in installments. You keep the title until the final payment. This setup opens doors for buyers who lack bank financing. It also gives you steady income and a fair price. Both sides sign a written agreement. That contract spells out the price, the interest rate, and the payment schedule. It also states who pays taxes and insurance. Default terms protect you if the buyer stops paying. Many sellers use this method to move raw land faster. You avoid real estate agent fees too. Always consult a lawyer before you sign.

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Land Contract for Residential Property

A land contract for residential property lets a buyer pay the seller over time. The seller keeps the title until the last payment. This template covers every key term. It lists the purchase price and interest rate. It sets the payment schedule and due dates. It explains who pays taxes and insurance. It also spells out what happens if the buyer misses a payment. Both sides sign the agreement. The buyer gets possession right away. The seller gets steady income. This arrangement helps people who cannot get a bank loan. It also gives sellers a fair return. Use this template to create a clear, binding contract.

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Land Contract for Owner-Financed Land

A land contract lets a buyer pay the seller over time. No bank needed. You get the deed once the final payment clears. This template covers every key term. Price. Interest rate. Payment schedule. Default rules. Both sides sign. The seller keeps legal title until you finish paying. That protects them. You gain equity as you pay down the balance. Miss a payment and the seller may reclaim the property. So read each clause with care. Our template makes the process simple. Fill in the blanks. Sign. Record the contract with your county. Then start making payments.

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Land Contract for Rural Acreage

Buying rural land with a land contract offers flexibility. You pay the seller directly over time. No bank needed. This works well for acreage outside city limits. The seller holds the title until you finish payments. You get possession and use of the land right away. Farms, hunting property, and timber tracts often sell this way. Our template covers every key detail. It includes payment terms, default clauses, and property descriptions. You can customize it for any rural acreage deal. Protect both buyer and seller with clear written terms. Download the template today and start your land purchase with confidence.

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Land Contract for Seller-Financed Homes

A land contract helps you sell a home without a bank. You act as the lender. The buyer pays you in installments. This template lays out every term. It covers price, interest, and payment dates. It states who holds the title. It explains what happens if the buyer misses a payment. You keep control until the loan is paid off. Both sides sign. The deal becomes clear and legal. No confusing jargon. No hidden clauses. Just a simple path to home ownership. Use this template to protect your money and your property. Start your seller-financed sale today.

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Land Contract with Balloon Payment

A land contract with a balloon payment lets a buyer pay the seller over time. The buyer makes smaller monthly payments. Then one large payment comes due at the end. That final sum is the balloon. This setup helps people who lack bank financing. It also gives sellers steady income. But risk exists on both sides. The buyer must save for that big payment. The seller must trust the buyer will pay. Our template maps out every detail. It covers interest, due dates, and default terms. You can edit each section to fit your deal. Clear language keeps both parties protected.

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Land Contract for Undeveloped Lots

Buying raw land takes cash. Most banks won't lend on empty lots. A land contract solves that problem. You pay the seller directly. The seller keeps the title until you finish payments. This template lays out every term. Price, interest, and due dates sit in clear language. Both sides sign. You get possession now. The seller gets steady income. No bank delays. No heavy down payment. Build when you are ready. The lot stays yours as long as you pay. Miss a payment and the deal can end. This contract protects buyer and seller. Simple terms. Fair rules. Get the lot without a lender.

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Land Contract for Mobile Homes with Land

Buying a mobile home with land often needs seller financing. A land contract makes that deal simple. You agree on a price. The seller keeps the title until you finish payments. You get the deed once you pay in full. This template covers every key term. It lists the purchase price, interest rate, and monthly payment. It explains who pays taxes and insurance. It also states what happens if you miss a payment. Both parties sign. The contract protects the buyer and the seller. You can edit each section to fit your deal. Use this template to close your mobile home and land purchase with confidence.

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Land Contract for Farm and Agricultural Land

Buying farmland takes trust. A land contract makes that trust official. This legal deal lets the seller act like a bank. You pay over time. The seller keeps the title until you finish. It works for row crops. It suits pastures and orchards too. Our template covers every key part. You get clear terms for price and interest. It lists payment dates and default rules. Both sides sign with confidence. No bank approval is needed. That helps many family farmers. The form protects the buyer and the seller. It fits small plots and large tracts. Use it to lock in your agricultural future.

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Land Contract Purchase Agreement Free Printable PDF

A land contract purchase agreement sets clear terms between buyer and seller. It covers price, payment schedule, and interest. You can download a free printable PDF to start. This document protects both sides. It spells out who pays taxes and insurance. It also states what happens if a payment is late. Use it for vacant land or a home. Fill in the blanks with your details. Sign it in front of a witness. Keep a copy for your records. Get legal advice before you sign. A written contract avoids confusion later. Grab your free PDF today and move forward with confidence.

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SALES CONTRACT FOR PURCHASE & SALE OF REAL ESTATE

AGREEMENT dated this __________ day of _______________ 20______ by and between

_______________________________________________________________________

hereinafter known as the “Seller” whose address is

____________________________________________

and

________________________________________________________________________

hereinafter known as the “Buyer” whose address is

____________________________________________

1. THE PROPERTY. The parties hereby agree that the Seller agrees to sell and the Buyer agrees to buy the following property, located in and situate in the County of ___________, State of __________, to wit:

EXACT LEGAL DESCRIPTION TO FOLLOW

Also known by street and address as

__________________________________________________

The sale shall also include the following personal property:

anything not specifically included will be excluded, whether or not affixed to the property or structures. Seller makes no warranties, express, implied or for any particular purpose about the property, property value, improvements, building or structures, the neighborhood, the appliances, roof, plumbing, heating and/or ventilation systems.  Buyer takes the property and everything in or on it in its present ‘as is’ condition.”

2. PURCHASE PRICE.  The total purchase price to be paid by Buyer will be $___________ payable as follows:

Non‑refundable earnest money deposit (see below)                           $ __________

Balance due at closing in cash or certified funds                                $ __________

Owner financing from seller (see below)                                          $ __________

New loan (see below)                                                                             $ __________

Assumption of existing loan with ______________                             $___________

In the event that buyer is required to obtain a new loan from a lending institution or bank, seller shall not be obligated to reduce the purchase price if appraiser does not appraise the property in an amount equal to the purchase price.

3. EARNEST MONEY.  Earnest money must be paid in cash or certified funds, which will be held in escrow by seller or escrow agent of seller’s choice.  Upon default of this agreement, seller shall retain earnest money as liquidated damages.

4. SELLER CARRY FINANCING.  In the event part of the purchase price is to be satisfied by seller financing, buyer shall provide seller with buyer’s complete financial and credit information for seller’s approval.  Within _____ hours after receipt of such information, Seller may terminate this contract and refund buyer’s earnest money if, in seller’s sole opinion, buyer’s creditworthiness and/or financial ability is not sufficient.

Buyer agrees to execute a FNMA promissory note and security deed prepared by seller’s agent to secure performance of payment.  Such security deed shall contain a “due‑on‑sale” provision.

5. ASSUMPTION OF EXISTING LOAN.  In the event part of the purchase price is to be satisfied by buyer assuming existing financing, buyer shall make any application, execute documents and/or provide such information as necessary to satisfy the holder of the security deed securing said indebtedness.  Buyer agrees to pay all fees and charges imposed by said security deed holder in connection with the assumption of said security deed.   If the actual loan balance of the existing loan is less than as stated above, purchaser shall pay the difference in cash at closing; if the actual loan balance is more than as stated herein, then buyer’s required cash payment shall be reduced accordingly. In the event that said indebtedness is assumed by the buyer without releasing the seller, the buyer agrees to refinance said security deed within __________________ years of closing.

6. SETTLEMENT.  Settlement will held be on ___________, 20____, time being of the essence, at a time and place designated by seller.  Closing agent will be _____________________________________________________.

At closing, buyer shall pay all costs in transferring title.

The following Items will be prorated at closing:

[  ] Mortgage insurance   [  ] Property taxes   [  ] PMI Insurance   [  ] Hazard insurance

[  ] Homeowner’s association dues [  ] Rents   [  ] Other ____________________________

Seller agrees to convey title by limited warranty deed. In the event that an abstract of title issued by the title company reveals defects in title, seller shall have the option of curing said title or canceling this agreement.  Upon cancellation, seller shall return buyer’s deposit.

Seller agrees to deliver possession of the property within _______________ days of closing.

7. NOT ASSIGNABLE.  This agreement is not assignable by the buyer.

8.  EXECUTION IN COUNTERPARTS.  This agreement may be executed in counterparts and by facsimile signatures.  This agreement shall become effective as of the date of the final signature.

______________________________          __________________________

Seller                                                             Date

______________________________          __________________________

Buyer                                                             Date

______________________________          __________________________

Buyer                                                             Date