Manufactured home offer to purchase

Manufactured Home Offer to Purchase 1

Personal information you provide may be used for secondary purposes [Privacy Law, s.15.04(1)(m)]. 2

Part A: Offer and Acceptance 3

[Read both sides of this document before signing.] 5

!This offer is dated ____________________ at _____________________, Wisconsin. 7

The Buyer(s) ________________________________________________________ offers to purchase the Manufactured Home 8

identified as__________________________________________________ [Manufacturer, Year and Serial Number] located at 9

____________________________________ from seller(s) ___________________________________________. If accepted, 10

this offer creates a legally enforceable contract. Both parties should read this document carefully before signing. It is 11

understood that this is a personal property transaction and that no real estate is being transferred. 12

!Purchase Price: $_______________________. 14

!Earnest Money : $_______________ accompanies this offer and additional earnest money of $ ________________ will be 16

paid within _________ days of acceptance and the balance will paid in the form of either a certified or cashier’s check at closing. 17

Failure of the Buyer to make earnest money payment(s) as provided voids offer at Seller’s option. Earnest money shall be held 18

by seller’s agent until closing or distributed as permitted by law. 19

!Acceptance occurs when all Buyers and Sellers have signed an identical copy of the Offer, including signatures on separate 21

by identical copies of this offer. 22

!Delivery of documents will occur at the earliest of one of the following: 24

1) Personal delivery to the party, 2) by fax transmission of the document or written notice to the following telephone number: 25

Buyer (_____)_______________ Seller (______)______________________ 26

3) by depositing the document or written notice postage paid in the U.S Mail to the following address: 27

Buyer ______________________________________________________________________________ 29

Seller_______________________________________________________________________________ 31

!Financing Contingency: This Offer is contingent upon Buyer being able to obtain a 33

__________________________________________ [insert loan program or source] loan commitment as herein described, 34

within ___________ days of acceptance of this Offer. The financing selected shall be in an amount of not less than 35

$____________ for a term of not less than ___________ years, amortized over not less than ____________years. The 36

interest rate shall not exceed ____________%. Other: ______________________________________________________. 37

!Additional Provisions/Contingencies: 39

______________________________________________________________________________________________________ 40

______________________________________________________________________________________________________41

______________________________________________________________________________________________________ 42

! Occupancy of the Home shall be given to Buyer on ______________________________________________________. If 44

Seller is permitted to occupy the Home after closing, Seller shall prepay an occupancy charge of $ _________ per day, which 45

[shall] [shall not] (strike one) be refundable based upon actual occupancy. 46

! Taxes. The Home is subject to taxes described as: " mobile home parking fees " personal property taxes (check one). 48

Seller agrees to pay these taxes through the month in which the closing occurs and Buyer assumes responsibility for these 49

taxes thereafter. These taxes are currently $_______________ per ______________ and are payable 50

to:____________________________________________________________ 51

(enter mobile home park owner or municipality) 52

!Prorations. Any unpaid rent, sewer, water, other utilities and taxes will be paid by seller prior to closing. The following 54

additional items shall be prorated at closing: 55

____________________________________________________________________________________________________. 56

!Good Faith & Acceptance. Seller and Buyer agree to act in good faith and use due diligence in completing the terms of this 58

transaction. The agreement binds them and inures to the benefit of the parties and their successors. Seller and Buyer have 59

read both sides of this document. 60

____________________|__________________________ ____________________|___________________________ 62

Buyer’s signature Print Name (Date: __________) Buyer’s signature Print Name (Date: __________) 63

This offer is hereby accepted, the warranties and representations made herein survive the closing. The undersigned agrees to 65

sell the subject Home on the terms and conditions as set forth and acknowledges receipt of a copy of this Offer. 66

____________________|__________________________ ____________________|___________________________ 68

Buyer’s signature Print Name (Date: __________) Buyer’s signature Print Name (Date: __________) 69

(continued on next page) 71

SBD-10807 OFFER TO PURCHASE (R11/11) 72

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Manufactured home offer to purchase

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