Common use of All Cash Sale Clause in Contracts

All Cash Sale. While Buyer has sufficient liquid assets to purchase the Property in this transaction for “all cash”, Buyer: A. 🞏 reserves the right to pay all or a portion of the purchase price by obtaining an institutional first mortgage secured by a deed to secure debt on the Property; AND/OR 🞏 reserves the right to pay all or a portion of the purchase price by obtaining a non-institutional first mortgage or other loan (including a private “hard-money” loan). B. 🞏 shall not have the right to obtain a mortgage financing to pay for all or a portion of the purchase price of the Property. The Buyer is not obtaining a loan; therefore, the Buyer has no right to unilaterally extend the closing date for eight (8) days for reasons of mortgage lender delay.

All Cash Sale. While Buyer has sufficient liquid assets to purchase the Property in this transaction for “all cash”, Buyer: A. 🞏 reserves the right to pay all or a portion of the purchase price by obtaining an institutional first mortgage secured by a deed to secure debt on the Property; AND/OR �ONL  � reserves the right to pay all or a portion of the purchase price by obtaining a non-institutional first mortgage or other loan (including a private “hard-money” loan). B.  🞏 shall not have the right to obtain a mortgage financing to pay for all or a portion of the purchase price of the Property. The Buyer is not obtaining a loan; therefore, the Buyer has no right to unilaterally extend the closing date for eight (8) days for reasons of mortgage lender delay.

All Cash Sale. While Buyer has sufficient liquid assets to purchase the Property in this transaction for “all cash”, Buyer: A. 🞏 reserves the right to pay all or a portion of the purchase price by obtaining an institutional first mortgage secured by a deed to secure debt on the Property; AND/ORONL 🞏 reserves the right to pay all or a portion of the purchase price by obtaining a non-institutional first mortgage or other loan (including a private “hard-money” loan). B. 🞏 shall not have the right to obtain a mortgage financing to pay for all or a portion of the purchase price of the Property. The Buyer is not obtaining a loan; therefore, the Buyer has no right to unilaterally extend the closing date for eight (8) days for reasons of mortgage lender delay.

All Cash Sale. While Buyer has sufficient liquid assets to purchase the Property in this transaction for “all cash”, Buyer: A. 🞏 reserves the right to pay all or a portion of the purchase price by obtaining an institutional first mortgage secured by a deed to secure debt on the Property; AND/OR � � reserves the right to pay all or a portion of the purchase price by obtaining a non-institutional first mortgage or other loan (including a private “hard-money” loan). B.  🞏 shall not have the right to obtain a mortgage financing to pay for all or a portion of the purchase price of the Property. The Buyer is not obtaining a loan; therefore, the Buyer has no right to unilaterally extend the closing date for eight (8) days for reasons of mortgage lender delay.

All Cash Sale. While Buyer has sufficient liquid assets to purchase the Property in this transaction for “all cash”, Buyer: A. 🞏 reserves the right to pay all or a portion of the purchase price by obtaining an institutional first mortgage secured by a deed to secure debt on the Property; AND/OR � � reserves the right to pay all or a portion of the purchase price by obtaining a non-institutional first mortgage or other loan (including a private “hard-money” loan). B.  🞏 shall not have the right to obtain a mortgage financing to pay for all or a portion of the purchase price of the Property. The Buyer is not obtaining a loan; therefore, the Buyer has no right to unilaterally extend the closing date for eight (8) days for reasons of mortgage lender delay.