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Florida Balloon Mortgage
Florida lenders, prepare a Balloon Mortgage for borrowers with this easy-to-use 17-page template.
- The mortgage contains uniform covenants with respect to payment of principal and interest, taxes and insurance, prior mortgages, preservation of the property, acceleration and remedies on default, and other standard mortgage clauses.
- The mortgage and note securing the mortgage may be sold without prior notice to the borrower.
- The mortgage form includes a Rented Property Addendum to be used if the mortgaged property is rental property.
- This template is in MS Word format and is fully editable. You can download the digital file right after purchasing it.
- Intended to be used only in the State of Florida.
$19.99
Florida Balloon Mortgage Note
Florida mortgage lenders, prepare a Mortgage Note to secure a balloon mortgage with this easy-to-use template.
- Under this form of Mortgage Note, the borrower agrees to make monthly payments against the secured amount, until the date of the final payment which will be a balloon payment.
- On the final payment date, the entire balance of principal and interest outstanding is due.
- The Note is secured by a mortgage on the borrower's property.
- This form template is available in MS Word format and is fully editable.
- Intended for use only in the State of Florida.
$11.99
Florida Contract for Deed
You've found a buyer for your home, but they can't qualify for a conventional mortgage. If you can let them pay the purchase price over time, then this Florida Contract for Deed is for you.
- Under the Contract for Deed (or 'land contract'), the seller essentially becomes the mortgage lender. The buyer makes payments against principal and interest to the seller instead of to a bank.
- At the end of the agreed period of time, the remaining balance is payable in one balloon payment.
- If the buyer defaults, the seller has the right to terminate the agreement and take possession of the property. The buyer would forfeit all payments made.
- Available in MS Word format.
- Intended to be used only in the State of Florida.
$17.99
Florida Real Estate Purchase and Sale Agreement
Sell a residential property in Florida with this Real Estate Purchase and Sale Agreement.
- Marketable Title. The seller must provide marketable and insurable title to the purchaser at closing.
- Title Defects. The purchaser will have an opportunity to examine the title evidence, and must notify the seller prior to closing of any title defects.
- Types of Financing. The Purchase and Sale Agreement can be used for a cash sale, seller financing, a mortgage loan assumption, or for a purchase under a new mortgage loan. If new loan financing is involved, the sale is contingent upon the purchaser obtaining the financing.
- Seller Documents. The seller will provide title insurance, an attorney's opinion on title, any surveys, deeds of trust, easements or other documents related to the property.
- Disclosure. The Agreement contains the real property disclosures required by Florida law.
$17.99