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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 __________ Dollars ($________), 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 sellers broker in terms agreeable to both parties.

Date: ___________.

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Signature

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Signature

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Witness