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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

01

Start by obtaining a copy of the buyer's financing contingency affidavit form. This form can usually be obtained from the buyer's real estate agent or attorney.

02

Read the instructions carefully to understand the requirements and information needed to fill out the form.

03

Begin by entering the buyer's name and contact information in the designated fields.

04

Provide details of the property being purchased, including the address and any relevant information such as the purchase price or contract date.

05

Fill out the financing contingency section, which typically requires information about the loan amount, interest rate, and lender's contact information.

06

If applicable, provide details about any pre-approval or pre-qualification the buyer has obtained from a lender.

07

Review the affidavit to ensure all fields are completed accurately and legibly.

08

Sign and date the affidavit, and make sure the buyer also signs and dates it.

09

Submit the completed buyer's financing contingency affidavit to the appropriate party, such as the seller's agent or attorney.

10

Keep a copy of the filled-out form for your records.

Who needs buyer39s financing contingency affidavit?

01

Buyers who are obtaining financing to purchase a property need a buyer's financing contingency affidavit.

02

This document is typically required in real estate transactions where the buyer is relying on a loan from a lender to finance the purchase.

03

The affidavit provides information about the buyer's financing arrangements, ensuring transparency and protection for both the buyer and seller.

04

It is used to demonstrate the buyer's intention and ability to secure financing for the purchase and may be requested by the seller or their representative as part of the contract negotiation process.

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What is buyer39s financing contingency affidavit?

The buyer's financing contingency affidavit is a document that outlines the buyer's ability to secure financing in order to purchase a property.

Who is required to file buyer39s financing contingency affidavit?

The buyer is required to file the buyer's financing contingency affidavit.

How to fill out buyer39s financing contingency affidavit?

The buyer must provide their financial information, details of the loan they are seeking, and any other relevant details requested on the affidavit form.

What is the purpose of buyer39s financing contingency affidavit?

The purpose of the buyer's financing contingency affidavit is to assure the seller that the buyer has the financial means to complete the purchase.

What information must be reported on buyer39s financing contingency affidavit?

The buyer must report their financial information, details of their loan application, and any other relevant information requested on the affidavit form.

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