Get Immediate Access to Our Seller Financing Agreement Template For Buyers

We’ve organized this seller finance contract template into two for sale by owner document sections:

• Real Estate Purchase & Sale Agreement (PSA)

• Owner/Seller Financing Addendum

Each section is designed for a specific step in the for sale by owner property purchase process, and you’ll find highlighted parts throughout the seller financing agreement template to assist you in filling it out.

Real Estate Purchase & Sale Agreement (for Buyers)

This document serves as the primary agreement between a buyer and seller in the real estate purchase process. Its purpose is to list the property purchase details, provide property information, outline specific seller finance purchase terms between the buyer and seller, and address seller financing arrangements, among other crucial elements of a property purchase. It is important to review all sections, tailor them to your specific use case, and seek validation from a legal professional before formalizing the for sale by owner agreement.

If you only need the Real Estate Purchase and Sale Agreement and not the Seller Financing Addendum, you can also obtain our Purchase & Sale Agreement Template separately.

Owner/Seller Financing Addendum

This seller finance template serves as an addendum, covering the seller financing contact terms in a seller financing arrangement between a buyer and seller. Its purpose is to detail the seller financing purchase specifics and outline key seller financing terms, among other critical elements of a seller financed property sale and purchase. It's important to note that this addendum is designed for traditional seller financing arrangements, where the seller owns the property outright or any underlying seller mortgages will be paid off in full by closing. Note that it is not intended for purchases where the current owner's existing mortgage loan will remain in place after the acquisition (commonly referred to as a 'Subject To' agreement or 'SubTo' contract purchase). It is important to review all sections, customize them to your specific financing arrangement, and seek validation from legal and financial professionals before formalizing the seller financing agreement.

If you only need the Seller Financing Addendum and not the Real Estate Purchase and Sale Agreement, you can also obtain our Seller Financing Addendum Template separately.

Other Purchase Documents You May Need

While we have provided the main two documents essential for a seller financed real estate purchase transaction, additional for sale by owner documents and clauses may be necessary. These could be specifically required by the county, city, and state to process your transaction, such as a Seller Property Condition & Disclosure Statement, Lead-Based Paint Disclosure, and other potential for sale by owner documents. It is important to do your due diligence and seek validation from a local legal professional before finalizing the agreement to ensure that all required documents and clauses are included in your seller financing contract.

Note that this seller financing contract template is created for buyers looking to purchase properties with seller financing and seller note loans. If you’re evaluating the sale of your property with owner financing, then you should use our Owner Financing Contract Template for Sellers.