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Third party financing addendum

Form financing addendum 2026

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The document is a Seller Financing Addendum issued by the Texas Real Estate Commission, outlining the terms and conditions for seller financing in a real estate transaction. It details requirements for buyer credit documentation, approval processes, promissory note terms including interest rates and payment schedules, and provisions regarding property transfers and escrow for taxes and insurance. The addendum emphasizes the responsibilities of both buyer and seller in the financing arrangement.

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Click ‘Get Form’ to open the financing addendum in the editor.
Begin by filling in the property address at the top of the form. This is essential for identifying the specific transaction.
In Section A, provide the required credit documentation details. Specify how many days you have to deliver these documents and check off each item you will provide, such as a credit report or verification of employment.
Move to Section B and understand your options regarding credit approval. Ensure you are aware of the timelines for document submission and potential consequences if not met.
In Section C, complete the promissory note details, including interest rates and payment schedules. Be sure to check only one box for each payment option provided.
Finally, review Sections D regarding property transfers and escrow requirements. Check the appropriate boxes based on your agreement with the seller.

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