help understanding phrase...

02:16 Apr 10, 2007 

Thank you all for your help! I really appreciate it!

01:34 Apr 9, 2007 

I read this as something like: If the purchaser unilaterally withdraws from the transaction under the terms agreed, for any reason not being the fault of the vendor, he/she shall pay a penalty of XXX

00:06 Apr 9, 2007 

According to my experience (very badly expressed here), the buyer will have to pay a penalty in the event the buyer does not proceed with the purchase (or delays the purchase) after getting an approved mortgage loan for the property.

23:48 Apr 8, 2007 

There's something missing; it would have to be between:

al Vendedor (missing) se procederá

23:32 Apr 8, 2007 

The lack of punctuation makes it difficult to understand the meaning. Here's what I get: The seller agrees to grant a mortgage loan to the buyer as long as the latter has a certain amount of money. If for any reason the buyer turns out not to have such amount at the moment of buying the property, he must pay a penalty. Hope it helps