CASH TRANSACTION. The Buyer represents and warrants that Buyer presently has sufficient cash and assets to pay the Purchase Price in full. This Agreement is not contingent in any way upon Buyer obtaining a mortgage or any other type of financing to complete the purchase or selling any other property. If Buyer does apply for a mortgage and the mortgage company requires an appraisal of the Property it must be completed promptly and upon reasonable advance notice, and the cost of the appraisal and any repairs is the responsibility of the Buyer and not the Seller. Buyer’s obligation to close as provided herein shall not be delayed or abated due to any such appraisal, or the receipt of a mortgage or any other type of financing.
Appears in 4 contracts
Sources: Sale Agreement, Agreement of Sale, Agreement of Sale