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Short Sale Addendum to Contract for the Purchase and Sale of Real Estate This is an Addendum to that certain Contract for the Purchase and Sale of Real Estate (the CPS RE) dated (date), including
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Short sale addendum is typically an attachment to a purchase agreement that outlines additional terms and conditions specific to a short sale transaction.
The buyer, seller, and respective real estate agents are typically required to file a short sale addendum.
Fill out all required fields on the addendum form, including any specific information related to the short sale transaction.
The purpose of a short sale addendum is to address any unique terms and conditions that are necessary for a successful short sale transaction.
Information such as the short sale approval deadline, required seller contributions, and any specific lender requirements must be reported on the addendum.
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