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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Filing out part of the Equity Purchase Agreement. Posted by Ward-CA- on May 01, 2002 at 6:16 PM In Reply to: equity purhase agreement posted by Gonzalo Castro on May 01, 2002 at 8:09 AM : : Hi, Mr Ward, I am confused with where I put what on the home equity purchase agreement. Please help, here are the amounts, I just need to know where to put them. : : 1. Amount to give to owner: $25 (yes, twenty five dollars) : : 2. Balance on the loan: $87,900 : : 3. Appraised value: $119,000 : 4. Back Payments: $7,000 : : I just put $25 dollars, becouse I though I feel better putting an amount instead of putting 0 (cero). She is happy with her descision, becouse she knows that I am goin to continue making the payments, even though I gave her no guarantee. : : I have the same equity purchase agreement that you have, and I don't know where to put this amounts. Please help : : Gonzalo =•=•=•=•=•=•=•=•=•=•= Gonzalo, on the home equity purchase agreement you received: #1. Put the $25 in the spot called Consideration; #2. Put the $87,900 figure in the spot after the words 1st Lien; #3. Put the appraised value in the Appraisal line on the back of the form. #4. Put the Back Payments amount in the line under the liens where it says “Encumbrances are delinquent in the following amounts: Hope this helps. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : : Hi, Mr Ward, I am confused with where I put what on the home equity purchase agreement. Please help, here are the amounts, I just need to know where to put them. : : : 1. Amount to give to owner: $25 (yes, twenty five dollars) : : : 2. Balance on the loan: $87,900 : : : 3. Appraised value: $119,000 : : 4. Back Payments: $7,000 : : : I just put $25 dollars, becouse I though I feel better putting an amount instead of putting 0 (cero). She is happy with her descision, becouse she knows that I am goin to continue making the payments, even though I gave her no guarantee. : : : I have the same equity purchase agreement that you have, and I don't know where to put this amounts. Please help : : : Gonzalo : =•=•=•=•=•=•=•=•=•=•= : Gonzalo, on the home equity purchase agreement you received: : #1. Put the $25 in the spot called Consideration; : #2. Put the $87,900 figure in the spot after the words 1st Lien; : #3. Put the appraised value in the Appraisal line on the back of the form. : #4. Put the Back Payments amount in the line under the liens where it says “Encumbrances are delinquent in the following amounts: : Hope this helps. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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