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Buyer shall promptly seek lender s approval of such reappraisal or reconsideration of value. The parties are advised that lender may elect not to accept a reappraisal or reconsideration of value ii Seller s consent to reduce the Purchase Price to an amount not more than the amount specified in the appraisal or reappraisal by the same appraiser or an appraisal by another appraiser acceptable to lender whichever is higher. Form 22A Financing Addendum Rev. 2/17 Page 1 of 3 Copyright 2017...
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How to fill out financing addendum to

01
Read and understand the financing addendum form.
02
Fill out the buyer's and seller's information accurately.
03
Specify the purchase price of the property.
04
Indicate the amount of financing required.
05
Specify the type of financing, such as a mortgage or loan.
06
Include any financing conditions or contingencies.
07
Provide details about the financing terms and interest rate.
08
Specify the closing date and any additional deadlines.
09
Sign and date the financing addendum.
10
Have all parties involved in the transaction sign the addendum.
11
Keep a copy of the completed financing addendum for your records.

Who needs financing addendum to?

01
Buyers who require financing to purchase a property.
02
Sellers who are willing to accept financing offers.
03
Real estate agents who handle transactions involving financing.
04
Lenders or financial institutions involved in the loan process.
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Financing addendum is a document that outlines the financial terms and conditions of a real estate transaction.
Buyers and sellers involved in a real estate transaction are required to file a financing addendum.
Financing addendum can be filled out by providing details of the financing terms, such as loan amount, interest rate, and down payment.
The purpose of financing addendum is to ensure that all parties involved in a real estate transaction are in agreement with the financial terms.
Information such as loan details, payment schedule, and any additional financing terms must be reported on financing addendum.
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