SUBJECT-TO PURCHASE AGREEMENT

FOR EDUCATIONAL PURPOSES ONLY

This document is a sample template. Real estate laws vary by state. Consult a qualified real estate attorney before using any contract in a real transaction.

Date: ______________________

Buyer: ______________________

Seller: ______________________

Property Address:

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Purchase Price:
$______________________

Existing Loan Information

Lender: ______________________

Approximate Loan Balance:
$______________________

Monthly Payment:
$______________________

Interest Rate:

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Terms

1. Seller agrees to transfer ownership of the property to Buyer.

2. Buyer agrees to acquire the property subject to the existing financing remaining in place.

3. Seller understands the existing loan may remain in Seller's name unless otherwise agreed.

4. Buyer agrees to maintain payments as outlined in the parties' written agreement.

5. Closing shall occur on or before:

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6. Additional terms:

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Signatures

Seller:

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Date: __________________

Buyer:

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Date: __________________