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How to Fill Out Third Party Financing Addendum for Conventional Form

How to Fill Out Third Party Financing Addendum for Conventional Form

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How to fill out third party financing addendum for conventional

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hi again this is lori brown managing broker with central metro realty in austin texas we're going to be talking about the third party financing addendum form txr1901 but before we get to that form i want to take a look at the one to four family residential contract specifically paragraph three we've covered this paragraph before in the one to four family walkthrough which i encourage you take a look at we recently revised that so that we covered the newly revised contract and but we're going to go over it again here so that i can show you how the third party financing addendum works in concert with the contract so let's take a look at 3a that's the cash portion of the sale and today we're going to say uh look at it two different ways we're going to say that the buyer has four hundred thousand dollars in cash and is going to make a purchase of 400 000 and in that case he would not need a loan so we would put zero for the sum of all financing and the sales price would be the sum of a and

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