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How to use or fill out Price escalation addendum to agreement of sale pea - Pennsylvania - parealtor
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Click ‘Get Form’ to open it in the editor.
Begin by entering the Buyer’s and Seller’s names at the top of the form. This establishes who is involved in the agreement.
In Paragraph 2, specify the Net Purchase Price that you are willing to increase above any competing offers. Fill in both the amount you wish to escalate and the maximum Purchase Price.
Review Paragraph 3 carefully. Check any applicable options regarding mortgage contingencies and fill in any required amounts for cash payments or loan adjustments.
Ensure that you provide a written pre-approval letter from your lender within the specified timeframe mentioned in Paragraph 3.
Finally, have both Buyer and Seller sign and date at the bottom of the form, confirming acceptance of all terms outlined in this addendum.
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