Seller agrees to provide Buyer with Seller Financing in the amount set forth in the Contract on the following terms and conditions: 1. In the event Buyer does not timely deliver the required funds, Seller shall have the right to terminate this Contract upon written notice to Buyer.TERMS AND DEFINITIONS: The terms listed below shall have the respective meaning given them as set forth adjacent to each term. (a) "Seller": (b) "Buyer":. Buyer shall apply for said loan within ______ days of the Effective Date of this contract. Use this free customizable owner financing contract template to confirm financing between the owner selling a home and a buyer purchasing it.