PURCHASE BID  SECURE FINANCING

The following shall be considered a legally binding amendment to the agreement made between ___________________ and ___________________, dated _______________,

for the sale of ___________________________________________________________.

This bid is made on the condition that if the proposed offer is accepted, purchaser shall acquire a loan secured by a deed of trust or mortgage on the subject property with the following terms: ___________________ (specify terms) per year, monthly payments not to exceed _____________ (amount) ($________) including interest, and loan brokerage or discount not to exceed ___________________ percentage points.

In the event that a loan for the described terms cannot be arranged by purchaser within ___________________ days after the bid acceptance, then the conveyance terms of the property shall be null and void and the earnest deposit made by purchaser _____________ shall be returned in full to purchaser or dispersed among seller and seller’s broker in terms agreeable to both parties.

 

____________________________________ __________________

Signature Date

 

____________________________________ __________________

Signature Date

 

____________________________________ __________________

Witness Date



______________________________________________________________________________________

 

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