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Virginia Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement  Form

Virginia Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement Form

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[Music] a virginia residential purchase agreement is a legally binding contract between the buyer and the seller of a home it outlines the terms and conditions agreed upon between the parties such as the purchase price financing terms closing date and any contingencies that must be satisfied before the deal is closed in this video we'll cover how a residential purchase agreement works the legal requirements in virginia and what you need to create one worry forms the biggest online database for legal documents be sure to watch all the way through to find a link to an official residential purchase agreement specific to virginia that you can modify to fit your needs first let's review how does a residential purchase agreement work the residential purchase agreement initially acts as a written offer from a prospective buyer to the seller of a house it states how much the buyer is willing to pay for it how it will be financed what contingencies must be met before closing the

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