FHA. It is expressly agreed that, notwithstanding any other provisions of this Contract, the purchaser (Buyer) 218 shall not be obligated to complete the purchase of the Property described herein or to incur any penalty by forfeiture of Xxxxxxx 219 Money deposits or otherwise unless the purchaser (Buyer) has been given, in accordance with HUD/FHA or VA requirements, a 220 written statement issued by the Federal Housing Commissioner, Department of Veterans Affairs, or a Direct Endorsement lender, 221 setting forth the appraised value of the Property of not less than $ . The purchaser (Buyer) shall have the privilege 222 and option of proceeding with the consummation of this Contract without regard to the amount of the appraised valuation. The 223 appraised valuation is arrived at to determine the maximum mortgage the Department of Housing and Urban Development will 224 insure. HUD does not warrant the value nor the condition of the Property. The purchaser (Xxxxx) should satisfy himself/herself that 225 the price and condition of the Property are acceptable.
FHA. “It is expressly agreed that notwithstanding any other provisions of this contract, the 54 PURCHASER shall not be obligated to complete the purchase of the Property described herein or to 55 incur any penalty by forfeiture of xxxxxxx money deposits or otherwise unless the PURCHASER has 56 been given in accordance with HUD/FHA or VA requirements a written statement by the Federal 57 Housing Commissioner, Department of Veteran Affairs, or a Direct Endorsement Lender setting forth 58 the appraised value of the Property of not less than $ . The PURCHASER shall have 59 the privilege and option of proceeding with consummation of this contract without regard to the amount 60 of the appraised valuation. The appraised valuation is arrived at to determine the maximum mortgage 61 the Department of Housing and Urban Development will insure. HUD does not warrant the value or the 62 condition of the Property. The PURCHASER should satisfy himself/herself that the price and condition 63 of the Property are acceptable.” 64 If Purchase Price changes, the dollar amount referenced in line 58 should be changed to reflect 65 the new Purchase Price.
FHA. It is expressly agreed that, notwithstanding any other provisions of this Contract, the purchaser (Buyer) shall not be obligated to complete the purchase of the Property described herein or to incur any penalty by forfeiture of Xxxxxxx Money deposits or otherwise unless the purchaser (Buyer) has been given in accordance with HUD/FHA or VA requirements a written statement issued by the Federal Housing Commissioner, Department of Veterans Affairs, or a Direct Endorsement lender, setting forth the appraised value of the Property of not less than $ . The purchaser (Buyer) shall have the privilege and option of proceeding with the consummation of this Contract without regard to the amount of the appraised valuation. The appraised valuation is arrived at to determine the maximum mortgage the Department of Housing and Urban Development will insure. HUD does not warrant the value nor the condition of the Property. The purchaser (Xxxxx) should satisfy himself/herself that the price and condition of the Property are acceptable.
FHA. It is expressly agreed that, notwithstanding any other provisions of this 256 Contract, the Purchaser (Buyer) shall not be obligated to complete the purchase of the Property 257 described herein or to incur any penalty by forfeiture of Xxxxxxx Money deposits or otherwise unless the 258 Purchaser (Buyer) has been given in accordance with HUD/FHA or VA requirements a written 259 statement issued by the Federal Housing Commissioner, Department of Veterans Affairs, or a Direct 260 Endorsement lender, setting forth the appraised value of the Property of not less than $ . 261 The Purchaser (Buyer) shall have the privilege and option of proceeding with the consummation of the 262 Contract without regard to the amount of the appraised valuation. The appraised valuation is arrived 263 at to determine the maximum mortgage the Department of Housing and Urban Development will 264 insure. HUD does not warrant the value nor the condition of the Property. The Purchaser (Buyer) 265 should satisfy himself/herself that the price and condition of the Property are acceptable.
FHA. Each of Seller and/or any other Qualified Originator, if applicable, is an FHA Approved Mortgagee in good standing to acquire, originate and service, as applicable, mortgages and has not been suspended as a mortgagee or servicer by FHA. Seller and Subservicer are not under review or investigation or have knowledge of imminent or future investigation, by FHA.
FHA. Seller shall cause the Servicer to make all advances and other payments and provide all such reports and notices as are required under the FHA Regulations or VA Regulations, as applicable, and otherwise take all actions necessary to maintain and keep in full force and effect, during the term of this Agreement, the FHA Insurance Contract or VA Guaranty Agreement, as applicable, including providing any notices required to be delivered to the FHA or the VA, as the case may be, by the Servicer in connection with the servicing of the Loans pursuant hereto.
FHA. The Federal Housing Administration, an agency within HUD, and its successors in interest, and including the Federal Housing Commissioner and the Secretary of Housing and Urban Development where appropriate under the FHA Regulations.
FHA. The Loan Amount is based on Borrower paying allowable closing costs (excluding prepaid escrows and interest) set forth in the Conditions to be Satisfied Prior to Disbursement of Loan Proceeds section of the Specific Closing Instructions . If Xxxxxxxx’s actual closing costs are LESS than this amount, Settlement Agent must suspend the Closing and notify Lender immediately. The Settlement Statement must accurately reflect any monies contributed on behalf of Borrower or deposited with Lender.
FHA. It is expressly agreed that, notwithstanding any other provisions of this Contract, the purchaser (Buyer) shall not be obligated to complete the purchase of the Property described herein or to incur any penalty by forfeiture of Xxxxxxx Money deposits or otherwise unless the purchaser (Buyer) has been given, in accordance with HUD/FHA or VA requirements, a written statement issued by the Federal Housing Commissioner, Department of Veterans Affairs, or a Direct Endorsement lender, setting forth the appraised value of the Property of not less than $ na. The purchaser (Buyer) shall have the privilege and option of proceeding with the consummation of this Contract without regard to the amount of the appraised valuation. 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 The appraised valuation is arrived at to determine the maximum mortgage the Department of Housing and Urban Development will insure. HUD does not warrant the value nor the condition of the Property. The purchaser (Xxxxx) should satisfy himself/herself that the price and condition of the Property are acceptable.
FHA. It is expressly agreed that, notwithstanding any other provisions of this Contract, 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 the Purchaser (Buyer) shall not be obligated to complete the purchase of the Property described herein or to incur any penalty by forfeiture of Xxxxxxx Money deposits or otherwise unless the Purchaser (Buyer) has been given, in accordance with HUD/FHA or VA requirements, a written statement issued by the Federal Housing Commissioner, Department of Veterans Affairs, or a Direct Endorsement lender, setting forth the appraised value of the Property of not less than $ 310,000 . The Purchaser (Buyer) shall have the privilege and option of proceeding with the consummation of the Contract without regard to the amount of the appraised valuation. The appraised valuation is arrived at to determine the maximum mortgage the Department of Housing and Urban Development will insure. HUD does not warrant the value nor the condition of the Property. The Purchaser (Buyer) should satisfy himself/herself that the price and condition of the Property are acceptable.
