Common use of APPRAISAL CONDITIONS Clause in Contracts

APPRAISAL CONDITIONS. If the Buyer should request, Xxxxxx agrees to obtain a current appraisal in an amount not less than the purchase price. Should the appraisal be less than this amount, the Buyer, at his option, may pay the required difference in cash, or the Seller, at his option, may reduce the purchase price accordingly. Xxxxxx also agrees to satisfy all appraisal conditions contained therein, not to exceed $1,500.00 and directs escrow agent to hold fifteen hundred dollars of Sellers proceeds until a walk-through of premises is approved by real estate agent.

Appears in 1 contract

Samples: Installment Purchase Agreement

AutoNDA by SimpleDocs

APPRAISAL CONDITIONS. If the Buyer should request, Xxxxxx agrees to obtain a current appraisal in an amount not less than the purchase price. Should the appraisal be less than this amount, the Buyer, at his option, may pay the required difference in cash, or the Seller, at his option, may reduce the purchase price accordingly. Xxxxxx Xxxxx also agrees to satisfy all appraisal conditions contained therein, not to exceed $1,500.00 and directs escrow agent to hold fifteen hundred dollars of Sellers Buyers proceeds until a walk-through of premises is approved by real estate agent.

Appears in 1 contract

Samples: Installment Purchase Agreement

AutoNDA by SimpleDocs

APPRAISAL CONDITIONS. If the Buyer should request, Xxxxxx Seller agrees to obtain a current appraisal in an amount not less than the purchase price. Should the appraisal be less than this amount, the Buyer, at his option, may pay the required difference in cash, or the Seller, at his option, may reduce the purchase price accordingly. Xxxxxx Seller also agrees to satisfy all appraisal conditions contained therein, not to exceed $1,500.00 and directs escrow agent to hold fifteen hundred dollars of Sellers proceeds until a walk-through of premises is approved by real estate agent.

Appears in 1 contract

Samples: Installment Purchase Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!