Reference
Cite the original contract by date and paragraph number, and state that this amendment modifies only the identified provisions; this prevents ambiguity about which terms are changed.
A Real Estate Price Amendment provides a clear, signed record of an agreed change to a purchase price, reducing closing confusion and supporting lender underwriting. It protects buyers and sellers by documenting mutual consent, preserves escrow instructions, and enables accurate prorations and title preparation.
Real Estate Price Amendments are used by parties and professionals to document negotiated price changes and related transaction adjustments.
Use professional amendments to reduce delays, ensure correct payoffs, and meet lender and title company requirements at closing.
An individual or entity purchasing the property who must review and sign any price amendment; mismatched names or unsigned amendments can delay closing, trigger backup withholding or lender re-approval, and affect loan terms or earnest money disbursement.
The property owner or listing entity that must approve price changes in writing; the seller’s signature confirms acceptance, may change net proceeds and prorations, and should be coordinated with disclosure obligations and any existing contractual contingencies.
Cite the original contract by date and paragraph number, and state that this amendment modifies only the identified provisions; this prevents ambiguity about which terms are changed.
Insert the new dollar amount in numerals and words, and note any allocations of closing costs or seller credits tied to the adjusted price explicitly.
Specify effective date and any change to closing date; specify whether prorations for taxes and utilities are adjusted as of the new effective date explicitly.
Update financing, appraisal, and inspection contingencies to reflect the revised price, and state clearly whether prior contingency deadlines remain or are extended in writing explicitly.
Document any change to earnest money, deposit amounts, credits, or seller concessions, and identify who holds additional funds and how refund or forfeiture is handled.
Require signatures and printed names for all parties, include dates, indicate signatory authority for entities, and include notary acknowledgement if recording or lender requires it.
| Field | Configuration |
|---|---|
| File format | PDF; flattened and printable |
| Authentication | Email link or SMS code |
| Notarization | Enable RON or collect notary later |
| Recipients | Buyer; Seller; Escrow; Lender |
Electronic delivery options and integration requirements for sharing the amendment with lenders, title, and escrow.
Enter as MM/DD/YYYY; determines obligation start.
All parties must sign before agreed date.
Provide to lender promptly for loan amendment review.
Update escrow to reflect new price and prorations.
Confirm whether closing date moves or remains unchanged.
Parties agree terms and prepare the written amendment.
All parties sign; electronic signatures or in-person signing recorded.
Lender verifies loan terms; may require underwriting updates.
Title and escrow adjust settlement statements and proceed to closing.
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | Yes, 7-day trial | No | No | Yes, limited | Yes, limited |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |