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00395638 RED # BAC Home Loans Servicing, LP, a subsidiary of Bank of America, N.A. REAL ESTATE PURCHASE ADDENDUM This Real Estate Purchase Addendum (Addendum) is to be made part of, and incorporated
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How to fill out a real estate purchase addendum:

01
Start by reviewing the existing purchase agreement and identifying the specific details or terms that need to be modified, added, or clarified.
02
Use clear and concise language to state the changes or additions you wish to make to the original agreement.
03
Include all necessary parties involved in the transaction, such as the buyer, seller, and any agents or attorneys representing them.
04
Provide detailed descriptions of the desired amendments, including any specific dates, amounts, or conditions that are being modified.
05
Ensure that the addendum is signed and dated by all parties involved, indicating their agreement to the proposed changes.

Who needs a real estate purchase addendum:

01
Buyers or sellers who wish to modify or clarify specific terms in a real estate purchase agreement.
02
Real estate agents or attorneys who are assisting buyers or sellers in a real estate transaction and need to make changes to the original agreement.
03
Banks or financial institutions that require additional documentation or amendments to the purchase agreement before finalizing a loan or mortgage.
04
Any party involved in a real estate transaction who wants to ensure that all terms and conditions are accurately reflected in the agreement and legally binding.
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Real estate purchase addendum is a legal document that is attached to the purchase agreement to outline additional terms and conditions related to the sale of a property.
Both the buyer and seller of a property are typically required to file the real estate purchase addendum.
The real estate purchase addendum should be filled out with the agreed upon terms and conditions by both parties and signed to make it legally binding.
The purpose of the real estate purchase addendum is to provide clarity on any additional terms or conditions that were not included in the original purchase agreement.
The real estate purchase addendum should include details such as any repairs or improvements to be made, the timeline for completing them, and any other agreed upon changes to the original agreement.
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