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2011-229
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Entry Properties
Last modified
2/18/2016 11:05:47 AM
Creation date
10/1/2015 3:00:22 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Addendum
Approved Date
11/08/2011
Control Number
2011-229
Agenda Item Number
13.C.
Entity Name
GMAC Rescap
Subject
Addendum to Purchase Contract
Contract approved 11/01/2011
Area
6885 66th Avenue
Alternate Name
ResCap Loudermilk
Supplemental fields
SmeadsoftID
10315
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ILI <br /> j ( E +; AI IiiN ( 'N Lf 5 i i ' ilast <br /> 3 . Initial Deposit : Immediately following Seller ' s acceptance of the Addendum to the Standard Purchase Contract, <br /> escrow will be opened by both parties with an escrow agent designated by Seller. The "earnest money" deposited <br /> shall be in the amount of $ 1000 and submitted to escrow within two (2) calendar days . A COPY <br /> OF THE DEPOSIT CHECK MUST BE SUBMITTED WITH ADDENDUM. EARNEST MONEYDEPOSIT <br /> WILL BE MADE NONREFUNDABLE UNLESS WRITTENDISAPPROVAL OFINSPECTION <br /> CONTINGENCY OR LOAN CONTINGENCY IS RECEIVED B Y SELLER, IN WRITING, WITHIN <br /> SPECIFIED TIME. <br /> 4 . Contingencies : Buyer hereby affirms that the sale or refinancing of any real property owned by the buyer is not a <br /> contingency of this Addendum. <br /> 5 . Finance Terms : The Purchase Addendum (check one) : is 10 is not contingent upon the Buyer obtaining <br /> financing for the purchase of the Property . If the Addendum is contingent on financing, the type of financing shall be <br /> the following (check one below) : <br /> a . 0 Cmrventional ElFHA Q VA , Seller shall pay a maximum of: <br /> Description Arnount <br /> Repairs Amount <br /> Home Warranty <br /> Termite Amount <br /> Transfer Fees Amount <br /> Lender Required Repairs <br /> Credit in Lieu of Repairs <br /> Non Recurring Closing Costs <br /> State Transfer Tax Yes <br /> Down Payment Assistance <br /> Down Payment Assistance Program Fee <br /> Other Expense Description 1 <br /> Other Expense I <br /> Other Expense Description 2 <br /> Other Expense 2 <br /> Other Expense Description 3 <br /> Other Expense 3 <br /> Total Concessions 0,00 <br /> i . If the Addendum is contingent upon financing, the Buyer shall present proof, satisfactory to the <br /> Seller, of the Buyer ' s prequalification for a mortgage loan in an amount and under terms sufficient <br /> for the Buyer to perform his obligations under the Addendum . The prequalification shall include, <br /> without limitation, a certification of prequalification (or a mortgage loan commitment) from a direct <br /> mortgage lender. The Buyer ' s submission of proof of prequalification, satisfactory to the Seller, is a <br /> Buyer and Seller acknowledge receipt of a copy of tills page, which constitutes Page 2of 11 pagXes A S ` L�D <br /> Selle I rilrrr�� Buyer 's Initials <br /> EQUATOR PROPRIETARY. CONFIDENVAI. AND TRADE SECRET INFORMATION. This docvmenteonteins proprietary and confidential information that Is legally privilegedAny disclosure, <br /> copying. <br /> AI.A A I....1.. .. ... . ..... ..I ..... . ^t II•+ 1..f.. M11.... ......I..I..r A I.w...iw .F..I I.. ....I ,..,.....wwA . ..��14I..A A.. C.....A w. I^ as 1. <br />*TO IPTI V MDAU 10I TCM TWA A...,. ......wl AAAA+w..l� . w....1..i.... .....Iwwlw A I...A.. www...I <br />
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