PAYMENT BY POSTAL CHECK/MONEY ORDER |
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Directions
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YOUR NAME: |
________________________________________ |
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SPOUSE'S NAME: |
________________________________________ |
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MARITAL STATUS |
Single Married Divoriced Widowed |
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STREET ADDRESS |
________________________________________ |
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CITY |
________________________________________ |
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ZIP CODE |
__________________ |
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OCCUPATION 1 |
________________________________________ |
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OCCUPATION 2 |
________________________________________ |
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DATE OF BIRTH 1 |
___________ |
DATE OF BIRTH 2___________ |
TELEPHONE |
________________________________________ |
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________________________________________ |
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HOW DID YOU HEAR OF |
US? ____________________________________ |
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| * Lease With Option to Purchase. ("No Downpayment Plan")
Send only the amount of the monthly payment. This plan enables L Bar to sell the property to you without charging a downpayment. You will enter into a lease for one year, during which you may occupy and or improve the land. Your first payment is charged as payment for the option and the first months rent. The remaining payments you make during the lease period (one-year) will constitute rent payments. At the end of the one year lease period you may exercise your option to purchase the land. L Bar will credit towards your purchase 100% of your initial payment (the Option Consideration), and 50% of your rental payments. An escrow will be opened to handle the purchase, at the closing of which you will receive a deed to the property and L Bar will receive a note and trust deed signed by you secured against the property for the balance remaining on the account. ** Conventional Seller Financing. ("10% Downpayment Plan") Send a $500 deposit and we will open escrow. You will receive escrow instructions and a request for the remaining downpayment (10% of the purchase price)(example: for a $39,900 parcel, send L Bar $500, then send your escrow instructions and $3,490). At the close of escrow you will receive a deed to the property and L Bar will receive a note and trust deed signed by you secured against the property for the balance remaining on the account. |