PURCHASE BID SECURE FINANCING
The following shall be considered a legally binding amendment to the agreement made between ___________________ and ___________________, dated _______________, for the sale of ___________________________________________________________.
This bid is made on the condition that if the proposed offer is accepted, purchaser shall acquire a loan secured by a deed of trust or mortgage on the subject property with the following terms: ___________________ (specify terms) per year, monthly payments not to exceed _____________ (amount) ($________) including interest, and loan brokerage or discount not to exceed ___________________ percentage points.
In the event that a loan for the described terms cannot be arranged by purchaser within ___________________ days after the bid acceptance, then the conveyance terms of the property shall be null and void and the earnest deposit made by purchaser _____________ shall be returned in full to purchaser or dispersed among seller and seller’s broker in terms agreeable to both parties.
____________________________________ Signature
__________________ Date
____________________________________ Signature
__________________ Date
____________________________________ Witness
__________________ Date