Example Exclusive Buyer Brokerage Agreement
Example Purchase and Sale Agreement
Example all cash offer - no financing exhibit
Example conventional exhibit
Example FHA exhibit
Example VA exhibit
Example 510 Closing Attorney Acting and Closing Attorney
Please always make sure to include form F510 when writing an offer. Both the Buyer and Seller need to sign it.
How the Earnest Money is paid
Now that the contract is binding, the Buyer Client needs to deposit funds with the attorney you chose in 510 per the contract.
The instruction needs to come from the attorney's office directly. I will send a copy of the binding agreement and ask them to email the instructions to them.
I have found it best to use the attorney portals. It keeps everyone on the same page.
Example 511 Agreement For closing Attorney to Hold the Earnest Money
Please send a copy of the fully Executed Contract and Form F511 to the attorney, requesting the attorney sign it ASAP and then email it back and add it to SkySlope.
I will also ask the attorney to email Form 511 with a copy of the Earnest Money Deposit Receipt back in the same email.
Once received, please share it with the other agent.
Earnest Money Deposit Reciept Instructions
Once you receive both the Form 511 and Earnest Money Deposit Receipt add it to SkySlope.
I will also ask the attorney to email the Form 511 of the Earnest Money Deposit Receipt back in the same email.
Once received share it with the other agent.
This can not be from the bank. It must be shown as being deposited in the Attorney or Brokers Escrow account and include the Date, Name, Address of the property, and the amount of the deposit.