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Sale Terms for Auction Listing - Seller Conditions

None-negotiable Sale Terms for Auction Listing – Seller Conditions

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1. Seller to provide free and clear title POLICY at Seller’s expense.

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2. Inspection contingency: 10 days.

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3. Conventional loan contingency: 21 days. Yes, regular sale only, not all cash.

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4. Earnest money deposit: $1,277.00 (due upon contract execution).

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5. Non-refundable deposit: Deposit in item#4 becomes non-refundable after 10 days.

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6. Title company: Seller selects Austin Title, Cedar Park, Texas.

 

7. Seller agrees to pay 3.5% commission to the buyer’s cooperating agent through escrow.

 

8. Seller will sign Commission Addendum upon SP&SA (Texas Standard Purchase and Sale Agreement) submission.

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9. No assignments, no novation agreement, no double escrow, and no installment agreement is allowed, no contract for deed. No JV Dispo.

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Buy It NOW before Auction
Optional Seller Financing – Subject To Sale

Seller is open to a Subject To arrangement:

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  • Seller financing amount: $260,000

  • Interest rate: 3.25% fixed for 27 years

  • Monthly payment: $1,209.39

  • Total purchase price: $555,777 (Seller’s original purchase price)

  • Buyer’s cash deposit balance due at closing: $295,777 + buyer’s closing costs

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