USA Purchase Agreement for Note and Mortgage

USA mortgage lenders, sell your interest in a mortgage and underlying promissory note to a buyer with this Purchase Agreement for Note and Mortgage.

• The agreement is conditional upon the buyer obtaining adequate funds to finance the purchase.
• The buyer will pay for all closing costs, including report and appraisal fees, title examination and insurance.
• If the seller cancels the agreement prior to closing, the seller must pay a cancellation fee, plus any costs incurred by the buyer.
• The seller indemnifies the buyer against any liability or expense arising from any inaccuracy or breach of any warranty or representation made by the seller.
• The seller sells and assigns the note and mortgage without recourse, and the seller assumes no responsibility or liability with respect to the mortgagor's financial performance.

This USA Purchase Agreement for Note and Mortgage is in MS Word format and is fully editable to meet your requirements.