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Practice Purchase and Sale Agreement Scenarios

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Scenario #1

  • Buyer #1 – Legal Name – Michael Philip Jagger
  • Goes By Name – Mick Jagger
    1. Current Address – 1622 Mick St. Ct. E, Jagger, WA 98552
    2. Phone – 281-443-5555
    3. Email – (your email)
    4. Married – Yes
  • Buyer #2
    • None
  • Asking Price – $674,995
  • Offering Price – $660,000
  • Type of Financing – VA
  • Down Payment – $0
  • Earnest Money Deposit – $3,000
  • Qualified to $685,000
  • Seller Paid Closing Costs Needed – $12,000
  • Will Do a Home Inspection – No
  • Closing Period – 35 Days
  • Escalation Addendum – Yes – to $685,000 in $10,000 increments

Property Attempting to Purchase

  • 3602 59th Ave NW, Gig Harbor
  • MLS #: 2406268
  • Seller Demands
    • occupancy 10 days after closing
    • Japanese Maple by front porch is reserved
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