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  2. A simple purchase agreement for a house should include at least the following information12:
    • The identity of the buyer and seller
    • A description of the property being purchased
    • The purchase price
    • The terms as to how and when payment is to be made
    • The terms as to how, when, and where the goods will be delivered to the purchaser
    • Signatures of both parties
    In addition, the purchase agreement should include details like earnest money needed, the closing date and specific contingencies the buyer and seller have agreed to3.
    Learn more:

    Any purchase agreement should include at least the following information:

    • The identity of the buyer and seller
    • A description of the property being purchased
    • The purchase price
    www.legalzoom.com/articles/how-to-use-a-purchas…

    The undersigned (herein “Purchaser”) hereby offers to purchase from the owner (herein “Seller”) the real estate located at _____________________________in the city of__________________________, of_________________, State of___________________________, the legal description of is:___________________________________________________________________________________ ____________________________________________________________________...

    www2.cmich.edu/fas/fsr/cps/PropertyAcquisition/D…
    The PSA includes details like earnest money needed, the closing date and specific contingencies the buyer and seller have agreed to. The PSA is where the seller and buyer agree on the terms for purchasing the home and sets the transaction in motion toward the closing.
    www.rocketmortgage.com/learn/purchase-and-sal…
     
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