No Financing Contingency definition
No Financing Contingency. By participating in this auction, bidders hereby agree that their bid shall NOT be subject to the bidder’s ability to obtain financing. You MUST have your financing secured with your lender prior to bidding. By placing a bid in this auction, bidders are making a “cash offer” to purchase the property and financing is NOT a contingency in the purchase agreement.
Examples of No Financing Contingency in a sentence
No Financing Contingency: By participating in this auction, bidders hereby agree that their bid shall NOT be subject to the bidder's ability to obtain financing.