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ALL CASH SALE (NO FINANCING CONTINGENCY) EXHIBIT 2019 Printing This Exhibit is part of the Agreement with an Offer Date of for the purchase and sale of that certain Property known as:, Georgia.LY1.
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How to fill out no financing contingency

How to fill out no financing contingency
01
Understand the terms of the contract: Before filling out the no financing contingency, make sure you fully understand the terms and conditions mentioned in the contract.
02
Arrange for pre-approval: Ensure that you have completed the pre-approval process with your lender before signing the contract without a financing contingency.
03
Review your financial situation: Assess your financial situation thoroughly to ensure that you have enough funds to make the purchase without relying on financing.
04
Consult with professionals: It is advisable to seek advice from professionals such as real estate agents and lawyers to guide you through the process of waiving the financing contingency.
05
Communicate with the seller: Discuss your intention of filling out the no financing contingency with the seller so that they are aware of your commitment to purchase without financing.
06
Sign the necessary documents: Fill out the relevant sections in the contract where the no financing contingency is mentioned and sign the required documents.
07
Note the risks: Understand that by waiving the financing contingency, you will be bound to proceed with the purchase even if you encounter financing issues later on.
08
Keep a copy of the filled out contract: Make sure to keep a copy of the contract with the no financing contingency for your records.
09
Follow the timelines: Adhere to the timelines mentioned in the contract to avoid any breach of the agreement.
10
Seek legal advice if needed: If you have any concerns or uncertainties during the process, consult with an attorney to ensure your best interests are protected.
Who needs no financing contingency?
01
Buyers who have sufficient cash reserves to purchase the property without relying on financing.
02
Buyers who have already obtained a firm commitment for a loan from a lender and are confident in their ability to secure the funds.
03
Buyers who want to make their offer more attractive to sellers in a competitive market by eliminating the financing contingency.
04
Experienced investors who have a well-established financing strategy and are comfortable taking on the risk of purchasing without a financing contingency.
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What is no financing contingency?
No financing contingency means that the buyer is purchasing the property without the condition that the purchase is contingent on securing financing.
Who is required to file no financing contingency?
The buyer is required to file a no financing contingency.
How to fill out no financing contingency?
To fill out a no financing contingency, the buyer needs to document in the contract that they are purchasing the property without any financing contingency.
What is the purpose of no financing contingency?
The purpose of no financing contingency is to assure the seller that the buyer has the necessary funds to follow through with the purchase.
What information must be reported on no financing contingency?
The information reported on no financing contingency would include the confirmation that the buyer is purchasing the property without financing contingency and has the funds available for the purchase.
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