.____________________________________________________ SellerDate ___________________________________________________ SellerDate III.CONSIDERATION RECEIPT AND SUFFICIENCY: Seller hereby acknowledges and accepts the amount of consideration as the total consideration for the sale of the property to Buyer.

First, you acknowledge that FSBO homes don't sell as fast as agent represented homes.

I didn't read the responses so don't know if anyone acknowledged them yet however they're fairly important...

Also, wait for the seller to acknowledge before saying anything else.Seller: “We can’t afford a Realtor and those costs.†REI Statement: “You can’t afford a Realtor and those costs.

MEETING OF THE MINDS ACKNOWLEDGEMENT: Seller(s) have thoroughly and completely reviewed the purchase and sale agreement and Seller(s) understand completely all terms and conditions contained therein.

Seller(s) is/are satisfied as to the amount of consideration and acknowledge the consideration to be a sufficient amount to purchase aforementioned property.

However, if your state's statute of frauds and conveyance act requires that the contract for purchase be witnessed and acknowledged to record then you just recorded on the land records an improperly executed instrument.It would be more desirable to executed a bond for deed (if you intend on recording your contract)which is normally acknowledged, witnessed, and attaches a legal description.)

Andrew brings up a very solid point, and while I would never give out property details before i had it locked, I would propose the numbers to potential buyers ahead of time to peak interest and perhaps acknowledge a format on how to vest the offer and how to structure your deal over to your cash buyer.This can be done with entities, trusts, & quit claim deeds to name the most common.

Some of it seems redundant however I include it all for various levels of reading abilityXIX.SUBJECT TO/DUE-ON-SALE ACKNOWLEDGEMENT: IF CHECKED ?

I agree that it would be nice to have a system that acknowledges people's contribution according to their knowledge and not necessarily the amount of posts.This is primarily because I'm not one to post just to get my post count up.