Common use of Seller Financing Clause in Contracts

Seller Financing. Seller agrees to provide financing to the Buyer under the following terms and conditions: Loan Amount: $____________________ Down Payment: $____________________ Interest Rate (per annum): ____% Term: ____ ☐ Months ☐ Years Documents: The Buyer shall be required to produce documentation, as required by the Seller, verifying the Buyer’s ability to purchase according to the Purchase Price and the terms of the Seller Financing. Therefore, such Seller Financing is contingent upon the Seller’s approval of the requested documentation to be provided on or before ____________________, 20___. The Seller shall have until ____________________, 20___ to approve the Buyer's documentation. In the event Buyer fails to obtain Seller’s approval, this Agreement shall be terminated with the Buyer’s Xxxxxxx Money being returned within five (5) business days.

Appears in 77 contracts

Samples: Residential Real Estate Purchase Agreement, Land Purchase and Sale Contract, North Carolina Residential Purchase Agreement

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Seller Financing. Seller Xxxxxx agrees to provide financing to the Buyer under the following terms and conditions: Loan Amount: $____________________ Down Payment: $____________________ Interest Rate (per annum): ____% Term: ____ ☐ Months ☐ Years Documents: The Buyer shall be required to produce documentation, as required by the Seller, verifying the Buyer’s ability to purchase according to the Purchase Price and the terms of the Seller Financing. Therefore, such Seller Financing is contingent upon the Seller’s approval of the requested documentation to be provided on or before ____________________, 20___. The Seller shall have until ____________________, 20___ to approve the Buyer's documentation. In the event Buyer fails to obtain Seller’s approval, this Agreement shall be terminated with the Buyer’s Xxxxxxx Money being returned within five (5) business days.

Appears in 3 contracts

Samples: Montana Land Purchase and Sale Contract, Nebraska Residential Purchase Agreement, Land Purchase and Sale Contract

Seller Financing. Seller agrees to provide financing to the Buyer under the following terms and conditions: Loan Amount: $__Amount $ __________________ Down Payment: $__Payment $ __________________ Interest Rate (per annum): ) ______% Term: Term ______ ☐ Months ☐ Years Documents: The Buyer shall be required to produce documentation, as required by the Seller, verifying the Buyer’s ability to purchase according to the Purchase Price and the terms of the Seller Financing. Therefore, such Seller Financing is contingent upon the Seller’s approval of the requested documentation to be provided on or before __________________, 20 __, 20____. The Seller shall have until __________________, 20 __, 20____ to approve the Buyer's documentation. In the event Buyer fails to obtain Seller’s approval, this Agreement shall be terminated with the Buyer’s Xxxxxxx Money being returned any amounts previously paid under this Agreement refunded within five (5) ______ business days.

Appears in 1 contract

Samples: South Dakota Real Estate Purchase Agreement

Seller Financing. Seller Xxxxxx agrees to provide financing to the Buyer under the following terms and conditions: Loan Amount: $____________________ Down Payment: $____________________ Interest Rate (per annum): ____% Term: ____ ☐ Months ☐ Years Documents: The Buyer shall be required to produce documentation, as required by the Seller, verifying the Buyer’s ability to purchase according to the Purchase Price and the terms of the Seller Financing. Therefore, such Seller Financing is contingent upon the Seller’s approval of the requested documentation to be provided on or before ____________________, 20___. The Seller shall have until ____________________, 20___ to approve the Buyer's documentation. In the event Buyer fails to obtain Seller’s approval, this Agreement shall be terminated with the Buyer’s Xxxxxxx Money being returned within five (5) business days.

Appears in 1 contract

Samples: Land Purchase and Sale Contract

Seller Financing. The Seller agrees to provide financing to the Buyer under the following terms and conditions: Loan Amount: $____________________ [DEED TYPE] Down Payment: $____________________ [DOWN PAYMENT AMOUNT] Interest Rate (per annum): ____% [RATE]% Term: ____ [#] ☐ Months ☐ Years Documents: The Buyer shall be required to produce documentation, as required by the Seller, verifying the Buyer’s ability to purchase according to the Purchase Price and the terms of the Seller Financing. Therefore, such Seller Financing is contingent upon the Seller’s approval of the requested documentation to be provided on or before ____________________, 20___. [MM/DD/YYYY]. The Seller shall have until ____________________[MM/DD/YYYY], 20___ to approve the Buyer's documentation. In the event the Buyer fails to obtain Seller’s approval, this Agreement shall be terminated with the Buyer’s Xxxxxxx Money being returned within five (5) business calendar days.

Appears in 1 contract

Samples: Commercial Real Estate Purchase Agreement

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Seller Financing. Seller agrees to provide financing to the Buyer under the following terms and conditions: Loan Amount: Amount $____________________ Down Payment: Payment $____________________ Interest Rate (per annum): ) ____% Term: Term ____ ☐ Months ☐ Years Documents: The Buyer shall be required to produce documentation, as required by the Seller, verifying the Buyer’s ability to purchase according to the Purchase Price and the terms of the Seller Financing. Therefore, such Seller Financing is contingent upon the Seller’s approval of the requested documentation to be provided on or before _____________________, 20____. The Seller shall have until _____________________, 20____ to approve the Buyer's documentation. In the event Buyer fails to obtain Seller’s approval, this Agreement shall be terminated with the Buyer’s Xxxxxxx Money being returned any amounts previously paid under this Agreement refunded within five (5) ____ business days.

Appears in 1 contract

Samples: Residential Real Estate Purchase Agreement

Seller Financing. Seller agrees to provide financing to the Buyer under the following terms and conditions: Loan Amount: $____________________ Down Payment: $____________________ Interest Rate (per annum): ____% Term: ____ ☐ Months ☐ Years Documents: The Buyer shall be required to produce documentation, as required by the Seller, verifying the Buyer’s ability to purchase according to the Purchase Price and the terms of the Seller Financing. Therefore, such Seller Financing is contingent upon the Seller’s approval of the requested documentation to be provided on or before ____________________, 20____. The Seller shall have until ____________________, 20___ __, to approve the Buyer's documentation. In the event Buyer fails to obtain Seller’s approval, this Agreement shall be terminated with the Buyer’s Xxxxxxx Money being returned within five (5) business days.

Appears in 1 contract

Samples: Hawaii Residential Purchase Agreement

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