Earnest Money Receipt And Agreement printable pdf download

EARNEST MONEY RECEIPT AND AGREEMENT

Received from ____________________________________________________

hereinafter called

PURCHASER, the sum of $____________, in the form of a check payable to Stewart Title of the Kenai Peninsula

in trust for _________________________________ hereinafter called SELLER, as Earnest Money on _______

(date), in part payment of the purchase price of the following described real property:

Legal Description:

In the _________ Recording District, Third Judicial District, State of Alaska.

The total purchase price is $__________, payable as follows: $________ earnest money

balance due at closing

Bank loan with

Owner Finance $_________ payable at $

or more per

. Including/Plus interest at

%. Interest accrues from

. First payment due

. Amortized years

Due on Sale Clause

Late fee of $

for

past due.

Full Coverage Insurance Required. Collect at

. Other terms:

THE CLOSING COSTS are to be paid between Seller and Purchaser as follows:

Indicate: (S) = Seller; (P) = Purchaser; (50/50) = Split equally between Seller and Purchaser

Owners Title insurance

Origination Fee

Lenders Insurance

Commitment Fee

Escrow Settlement/Closing Fee

Discount Points

Recording Fee

Tax Registration Fee

Escrow Set Up Fee

Flood Certification

Escrow Annual Fee

Credit Report

Attorney Doc Prep Fees

Document Preparation Fee

Delinquent Property Taxes

MIP/PMI

Pending/Levied Assessments

V.A. Funding Fee

Clear Existing Liens

Establish/Replace Reserves on New Loan

As-Built Survey Fee

Interest to Closing Date New Loan

Appraisal

Well/Septic Testing (if required by lender)

Final Inspection on Appraisal

Home Inspection Fee

Other Costs

Smoke Detectors

WARNING: IT IS PURCHASER’S AND SELLER’S RESPONSIBILITY TO SEEK AND

CONSULT WITH OWN INDEPENDENT LEGAL ADVISOR, TAX ADVISOR, BUILDING

& SOIL INSPECTOR, LAND SURVEYOR, WATER & SEWER ENGINEER, OR OTHER

APPROPRIATE ADVISOR FOR THIS TRANSACTION AND AT THE SOLE COST TO THE

PARTY REQUESTING SUCH SERVICE(S) UNLESS OTHERWISE STATED ABOVE.

SUCH SERVICE OR DILIGENT INQUIRY SHALL BE COMPLETED WITHIN 10 DAYS

OF SELLER’S SIGNATURE HEREON OR ANY OTHER TIME FRAME AND MUTUALLY

AGREED TO IN WRITING BETWEEN SELLER AND PURCHASER.

The title is to vest and read: _________________________________________________

( husband and wife,

married,

unmarried,)

Earnest Money Receipt And Agreement

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