Amendment to the Sales Contract
Change Finance Type or Escrow Amount
Revised 5.2.2017
Please email all amendments with an updated lender letter to philadelphia.amendment@sageacq.com. The lender letter must be
included to obtain approval. Please note that an original is NOT required and your email will be accepted for review. To avoid
confusion, please do not submit multiple copies of the same document or request. Please allow 72 hours for processing. All
communication regarding this amendment will be directed to the email address identified at the time of bid submission. Once
amendments are approved they are emailed to both selling agent and closing agent. Thank you for your cooperation.
HUD Case #___________________ Property Address: __________________________________________
The Sales Contract dated __________ between _________________________________________________
Purchaser(s) and the US Department of Housing and Urban Development (Seller) is amended to reflect the
following change (mark box):
Change Financing Type “FROM”:
FHA 203(b)
FHA 203(b) repair escrow in the amount of $____________________
FHA 203(k)
Conventional (loan not involving FHA financing)
Cash
Change Financing Type “TO”:
FHA 203(b)
FHA 203(b) repair escrow in the amount of $____________________
FHA 203(k)
Conventional (loan not involving FHA financing)
Cash
Change Amount of Escrow:
From $_______________ to $_______________
Note: If financing changes from FHA to Conventional/Cash, the buyer acknowledges he/she will be
responsible for reimbursing the cost of completed termite and clearance $_________________ and/or LBP
inspections, testing and stabilization $___________________, if applicable.
This amendment is not valid unless approved in writing by both Seller and Purchaser(s).
Purchaser’s Name (print) Purchaser(s) Signature Date
Purchaser’s Name (print) Purchaser(s) Signature Date
Selling Broker Name (print) Selling Broker Signature NAID Date
Seller’s Representative Signature
Sage Acquisitions, HUD Asset Manager
Date Contract Amendment No.
(required for tracking purposes)
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