Get Zipform Desktop Transaction. 10-subject-to Financing Addendum

Filling out the ZipForm Desktop Transaction 10-Subject-To Financing Addendum is a crucial step in managing real estate transactions. This guide will help you navigate the form and ensure you provide all necessary information accurately and efficiently.

Follow the steps to complete the Financing Addendum effectively.

1. Press the ‘Get Form’ button to access the form and open it for editing.
2. Enter the date of the Financing Addendum at the top of the form. Ensure it reflects the accurate date of completion.
3. Fill in the details of the Purchase Agreement, including the date and the names of the Seller and Buyer.
4. Provide the property details, including the address and legal description where specified.
5. Complete the applicable section marked 'A. Assumption' if the Buyer is assuming the mortgage. Input the cash amount and unpaid balance as required.
6. Indicate the monthly payment amount and any taxes and insurance included in the mortgage payments.
7. If the mortgage cannot be assumed at the stated interest rate, note the maximum interest rate that can be accepted by the Buyer.
8. Fill in section 'B. Conditional Sales Contract' if applicable. Include the cash down payment, interest rate on the unpaid balance, and other payment details.
9. Note any special provisions and the intended use of the Property as required in the designated area.
10. Have all parties sign the document in the designated signature areas, ensuring both Buyer and Seller print their names appropriately.
11. Review all entries for accuracy, then save your changes, download, print, or share the completed form as needed.

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