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SEALED BID PLACEMENT |
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IMPORTANT: Read and complete the PAGRE Sales
Condtract Addendum before submitting a Bid. Download here... |
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Purchaser(s) agree(s) to purchase on the terms set forth
herein, the following property*: |
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Purchase bid amount*: |
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$ |
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PAGRE transaction fee*:
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Seller will pay reasonable and customary closing costs for the Purchaser,
but not more than actual costs and not more than paid by a typical Seller in the area. The
total amount (not including commissions) shall not exceed 5%: |
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%
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Upon sales closing, Seller agrees to pay to the broker/agent identified
below a total selling side commission of (max. amount as stated in MLS): |
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% |
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Payment method*:
Purchaser is applying for financing
Purchaser is paying cash |
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Purchaser is*:
Owner Occupant
Investor |
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PAGRE Bid Terms and Conditions |
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- The seller reserves the right to accept or reject any and all bids and assumes no
responsibility for any errors in the listing information. The seller is not responsible
for errors, outages, connectivity or equipment failures that may occur during the process
of the electronic transmission of bids.
- Prospective purchasers must complete the local real estate broker/agent board contract
and disclosures, PAGRE Contract Addendum, including obtaining the purchaser's
prequalification letter and minimum of 1 percent of the purchase bid amount earnest money
check, prior to submitting a bid. IMPORTANT: The purchase price on the sales contract must
exactly match "THE AGREED ON TOTAL CONTRACT AMOUNT" figure that you submit
online during the bid process.
- The real estate broker/agent or attorney will be notified via email if his or her bid is
accepted. In the event of a winning bid, two copies of the original signed offer contract
and addenda must be received within 48 hours of notification. Please overnight (faxes are
unacceptable) the purchaser sales package with original signatures and document the
tracking number.
- The purchase price, closing costs and selling agent commissions submitted on a bid may
not be changed after an offer is accepted.
- The purchaser agrees to pay a 1 percent online transaction fee to PAGRE at closing as a
cost of marketing and handling the online transaction.
- All offers are specifically subject to approval of all lien holders/lenders and my
accepted by the seller contingent upon approval of said parties.
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