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Fill and Sign the Escrow Instructions Sales13 Form

Fill and Sign the Escrow Instructions Sales13 Form

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ESCROW INSTRUCTIONS SALES13 Date: ___________________________ Escrow Holder: ____________________________________________________________________________ Escrow Officer: _______________________________________________________________ _____________ Street Address: _____________________________________________________________________________ City/State/Zip: _____________________________________________________________________________ Phone No.: ________________________________________________________________________________ Escrow No.: _______________________________________________________________________________ Property: ____________________________________________________________ ______________________ Buyer: ____________________________________________________________________________________ Seller: ____________________________________________________________________________________ Listing Broker: _____________________________ ________________________________________________ Selling Broker: _____________________________________________________________________________ Please include the following items in your escrow instructions: 1. Purchase Price: Initial Deposit . .............................................$_______________________ Cash Through Escrow.................................. _______________________ First Loan Proceeds...................................... _______________________ Second Purchase Money T.D....................... _______________________ Total Consideration......................................$_______________________ 2. Second Purchase Money T.D. Buyer to execute a note in favor of Seller in the amount of $_________________ to be secured by a Second Deed of Trust (Mortgage) on the Property, with monthly payments of $__________________, or more, including interest at _______% per annum. Entire balance due in full _______ years from date of conveyance. 3. Title. Buyer shall take title as _______________________________________________________________. 4. Bonds and Assessments. The amount of any bond assessment which is a lien shall be paid by ___________________________________________________________________________________________ _. 5. Title Insurance. Deliver to Buyer a policy of title insuranc e subject only to the following items shown in your preliminary title report: 6. Closing Costs. The cost of title insurance shall be paid by ___________________. Escrow fees to be paid by _____________________. Transfer taxes shall be paid by _____ _______________________. 7. Prorations. Real estate taxes, interest, rents if any, and other expenses of the property shall be prorated as of the date of recordation of the deed. Security deposits, advance rentals, or considerations involving future le ase credits shall be credited to Buyer at close of escrow. 8. Structural Pest Control Work. Seller shall pay for structural pest control inspection. Funds for structural pest control work to be done at Seller's expense in the amount of $_______________ _ are to be held in escrow and disbursed to a licensed structural pest control operator upon receipt of notice of work completed. 9. Commission. Pay from proceeds at close of escrow a commission in the amount of $____________ to ________________________ ___________________________, the Listing Broker and the amount of $_____________________ to ____________________________________________________, the Selling Broker. Pay multiple listing service fee of $________________. 10. Close of Escrow. Escrow sha ll close on or before ________________________. 11. Additional Instructions: Dated: ______________________________ ________________________________________ Listing Broker ________________________________________ Selling Broker The undersigned Escrow Holder hereby acknowledges receipt thereof. ________________________________________ Escrow Holder

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