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SHORT SALE ADDENDUM NOTE: The Backup Contract Addendum (form 2A1T) should NOT be used in conjunction with this form when more than one contract of sale is being signed by Seller, as this form manages
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How to fill out a short sale addendum form:

01
Begin by obtaining the short sale addendum form from the appropriate source, such as your real estate agent, attorney, or online real estate platform.
02
Carefully read and understand the instructions provided on the form. Familiarize yourself with the purpose and requirements of the addendum.
03
Fill in your personal information accurately, including your name, contact details, and any other requested information.
04
Provide the necessary details regarding the property involved, such as the address, legal description, and any related loan or mortgage information.
05
If applicable, indicate the agreed-upon sale price or terms, as well as any contingencies or special considerations.
06
Review the form thoroughly for completeness and accuracy before signing. If any corrections or additions are necessary, make them neatly and clearly.
07
Seek professional advice if you have any doubts or questions about any sections of the addendum before finalizing it.

Who needs a short sale addendum form:

01
Homeowners who are selling their property through a short sale process, where the sale price is less than the outstanding mortgage balance.
02
Buyers interested in purchasing a property through a short sale, as the addendum protects both parties' interests and outlines the specific terms and conditions.
03
Real estate professionals, including agents or brokers, who are involved in short sale transactions and need to ensure all necessary documentation is completed accurately.
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Short sale addendum form is a document that is used in real estate transactions involving a short sale, which is the sale of a property for less than the amount owed on the mortgage.
The seller, buyer, and the real estate agents or brokers involved in the short sale transaction are typically required to fill out and file the short sale addendum form.
To fill out the short sale addendum form, all parties involved must provide accurate information regarding the terms of the short sale, including the sale price, closing date, and any other relevant details.
The purpose of the short sale addendum form is to outline the specific terms and conditions of the short sale transaction, ensuring that all parties involved are in agreement and fully understand their obligations.
The short sale addendum form typically requires information such as the property address, sale price, closing date, and any special terms or conditions agreed upon by the parties.
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