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Supplemental Short Sale Addendum The following terms, conditions and disclosures are hereby incorporated into and made a part of the Contract for Sale and Purchase (Contract) dated, for the property

How to fill out supplemental short-sale addendum

How to fill out supplemental short-sale addendum:

1. Begin by reviewing the instructions provided with the supplemental short-sale addendum. This will give you a clear understanding of what information needs to be included and how it should be filled out.
2. Start by entering the necessary personal and property information at the top of the addendum. This may include the seller's name, address, contact information, and the property address.
3. Read through each section of the addendum carefully and provide accurate and detailed information as required. This may involve disclosing any existing liens or encumbrances on the property, specifying any repairs or deficiencies, or outlining the terms and conditions of the sale.
4. If there are any additional documents or attachments required, make sure to gather and include them along with the completed addendum. This could include financial statements, copies of contracts, or any other relevant paperwork.
5. Once you have filled out all the necessary sections and attached any required documents, review the addendum for any errors or missing information. It's important to ensure everything is correctly filled out before submission.
6. Obtain any necessary signatures from all parties involved, such as the seller, buyer, and the real estate agent or attorney representing them.
7. Make copies of the completed addendum for your records and for the other parties involved in the short-sale process.

Who needs a supplemental short-sale addendum:

1. Homeowners who are facing foreclosure and are considering a short-sale option as an alternative to foreclosure.
2. Real estate agents or brokers who are representing sellers in a short-sale transaction.
3. Buyers who are interested in purchasing a property through a short-sale and require additional information or disclosures.

For pdfFiller’s FAQs

What is supplemental short-sale addendum?

Supplemental short-sale addendum is a document that provides additional information about a short-sale transaction.

Who is required to file supplemental short-sale addendum?

The seller or the party responsible for the sale is required to file the supplemental short-sale addendum.

How to fill out supplemental short-sale addendum?

Supplemental short-sale addendum can be filled out by providing accurate and detailed information about the short-sale transaction.

What is the purpose of supplemental short-sale addendum?

The purpose of supplemental short-sale addendum is to provide additional details and disclosures related to the short-sale transaction.

What information must be reported on supplemental short-sale addendum?

Information such as the property address, purchase price, seller concessions, and any additional terms or conditions must be reported on supplemental short-sale addendum.

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