Earnest Money Contract Information Form
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1
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3Earnest Money Contract Information
Date: __________, 20___
Buyer Name: ___________________________________
Seller
Name:
Address: _______________________________________
______________________________________
Email: ___________________ Phone No. ____________
Address: _________________________________________
Email:
_____________________
Phone
No.
_____________
Property Description:
Full Street Address: ___________________________________________ Lot No. _____, Block ____________,
_________________________________Addition, City of _________________, County of _____________ or as
described on the attached exhibit.
Sales Price:
Cash down ………………………………………………………………………………………………………………………………………
$______________
Sum of all financing to be obtained by the Buyer ……………………………………………………………………………
_
Sales Price (Sum of cash down and financing) …………………………………………………………………………………
$______________
_
$______________
_
Financing: (Select all that apply)
[ ] Third Party Financing in the amount of …………………………………………………………………………………….
$_______________
[ ] Seller financing in the amount of ………………………………………………………………………………………………
$_______________
[ ] Assumption of existing loan with an approximate balance of ……………………………………………………
$_______________
Financing Details:
Third Party Loan Details: Loan amount $_______________Maximum interest rate _____% Loan Term _____ years
Seller Financing Details: : Loan amount $_______________ Interest rate _____% Loan Amortization Term _____
years The note will mature in ______ years
Earnest Money: When the contract is signed, the Buyer will deposit $___________ as earnest money with
____________________________, _________________, Texas ________ as escrow agent.
Closing Date:
_____ days after Option/Feasibility period ends
On _______________, 20___
Title Insurance and Survey:
Title insurance [ ] will be provided by _______________________ and will be paid for by [ ] Seller [ ] Buyer [ ] Split
equally between Buyer and Seller.
[ ] No title insurance is required.
Survey [ ] is required [ ] is not required.
[ ]
If a survey is required, [ ] Seller will provide copy of existing survey within ____ days. If new survey is
required [ ] Buyer [ ] Seller will pay the cost.
[ ]
Within _____ days, Buyer will obtain a new survey at Buyer’s expense
[ ]
Within _____ days, Seller will obtain a new survey at Seller’s expense
Closing: This transaction will close on or before __________________, 20__.
Possession will be delivered to the Buyer [ ] at closing [ ] on ___________________, 20___
Property Condition: Seller [ ] has [ ] has not given Buyer any required Seller disclosures
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