SAMPLE TRADE-IN GUARANTEE LETTER

Date:    _____________________

Mr. Harold Helm
RE/MAX 100
6006 Brownsboro Park Blvd
Louisville, KY

Dear Mr. Helm

We agree to bid $________________.00 in the auction scheduled for _______________ on the property at ___________________________which will produce  after the addition of the 10% buyers premium a contract selling price of $_______________.

This agreement to bid is subject to your providing us with a satisfactory guaranteed sale of our property at _____________________________________________, if we are the winning bidder and close the purchase of the auction property named above.

This guarantee shall be delivered to us prior to start of the auction of ________________________ and our acceptance of it shall constitute a valid agreement to bid and buy ________________________________________ at this price, or more, if we are forced by competition and choose to bid more.

Sincerely,

Signature: _______________________________________________