Processing-Repair Escrow Letter Template-Equity Resources Form printable pdf download

Processing-Repair Escrow Letter Template-Equity Resources Form

To whom it may concern,

We, the undersigned buyers of the property at ___________________________, agree to the following:

The repairs including the ___________________________ will be completed and ready for inspection

no later than five days after the closing of this loan. The closing is scheduled for __________ therefore

the inspection will take place on ________. We agree to let the inspector back in on _________ to

complete the final inspection. We are aware there will be a repair escrow held at 1.5 times the amount

of the following repairs:

1) ____________________

$_____

2) ____________________

$_____

3) ____________________

$_____

___________________________________________

= $______ X 1.5 = $______

It is understood that once Equity Resources reviews and approves the inspection stating the work is

complete the escrow money will be released.

Sign: ______________________________

Print: _____________________________

Sign: ______________________________

Print: _____________________________

Processing-Repair Escrow Letter Template-Equity Resources Form