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What’s covered in the Purchase Agreement?
o Complete and accurate legal description of the property. o Amount being offered. o Financing contingency: size and type of loan to be obtained, plus the interest rate and closing cost information. o The closing date and when possession of the property will be transferred to the new buyer. o The amount of earnest money being offered. o Any items of personal property being requested by the buyers to be conveyed by bill of sale. o Any other contingencies that must be met in the offer such as...inspection of the home and the appraisal.
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Synovus Mortgage Corporation is an affiliate of Synovus Financial Corp and lends in the states of Alabama, Georgia, Florida, Tennessee and South Carolina. This communication is directed to properties in those states.
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