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Repair Rider Information
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If funds are being held in escrow until completion of repairs to the property, enter pertinent information as follows: |
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Select Yes in the Repair Rider field. | ||
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Enter the month and year the repairs will be completed in the Repair Complete Date field. The Repair Complete Date must be within one year of the Closing/Disbursement Date. | ||
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Enter the amount to be held in escrow in the Repair Amount field. Get the information from the Repair Rider to the Loan Agreement. | ||