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Reference Contract (No. ): Dated the day of, 20, on Property located at: Street Address City State Zip Code County This document has legal consequences. If you do not understand it, consult your attorney.
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How to fill out buyer39s financing contingency affidavit

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How to fill out buyer39s financing contingency affidavit

01
Obtain a copy of the buyer's financing contingency affidavit form.
02
Read and understand the instructions and requirements outlined in the form.
03
Gather all the necessary financial documents, such as bank statements, pay stubs, and tax returns, to support the buyer's financing contingency.
04
Fill out the form accurately and completely, providing all the requested information.
05
Double-check the form for any errors or omissions before submitting.
06
Sign and date the affidavit, indicating your acknowledgment and acceptance of the terms and conditions.
07
Submit the completed buyer's financing contingency affidavit to the relevant party, such as the seller's attorney or the real estate agent.
08
Keep a copy of the affidavit for your records.
09
Follow up with the involved parties to ensure the affidavit has been received and acknowledged.

Who needs buyer39s financing contingency affidavit?

01
Homebuyers who are financing their purchase through a mortgage loan.
02
Sellers and their representatives who require assurance that the buyer's financing is secured.
03
Real estate agents and brokers involved in the transaction.
04
Lenders and financial institutions providing the mortgage loan.
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A buyer's financing contingency affidavit is a legal document that outlines the buyer's financial condition and their ability to secure financing for the purchase of a property.
The buyer is typically required to file the buyer's financing contingency affidavit.
Buyers can fill out the affidavit by providing accurate information about their financial status, employment history, and any assets or liabilities.
The purpose of the affidavit is to assure the seller that the buyer has the financial means to complete the purchase of the property.
The affidavit may require information such as the buyer's income, credit score, employment status, and the source of funds for the purchase.
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