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SHORT SALE ADDENDUM TO LISTING AGREEMENT (Owners Authorization to Disclose Short Sale Information) ADOPTED BY THE COLUMBUS BOARD OF REALTORS Property Address: The following additional terms and disclosures
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How to fill out mls - shortsale addendum

To fill out the MLS - shortsale addendum, follow these steps:
01
Obtain the necessary form: Start by acquiring the MLS - shortsale addendum form from your real estate agent or directly from the Multiple Listing Service (MLS) provider.
02
Review the form: Carefully read through the addendum to understand its purpose and any specific instructions or requirements.
03
Provide property details: Begin filling out the addendum by entering the relevant property information, such as the address, MLS number, and any other requested details.
04
Disclose shortsale information: If the property is involved in a shortsale, provide all the necessary information related to the process, including the name of the lender, the planned timelines, and any required documents.
05
Indicate additional terms: If there are any additional terms or conditions that need to be added to the sales agreement as part of the shortsale, clearly state them in the appropriate section of the addendum.
06
Add signatures and date: Once you have completed filling out the addendum, ensure that all parties involved in the transaction sign and date the document as required.
07
Submit the addendum: If filing electronically, submit the completed MLS - shortsale addendum through the designated platform. If filing a physical copy, make copies for all relevant parties and submit them to the appropriate individuals or entities, such as the seller's agent or the lender handling the shortsale process.
Anyone involved in a real estate transaction that includes a shortsale may need the MLS - shortsale addendum. This can include the seller, buyer, real estate agents, and lenders. The addendum serves as a supplement to the standard sales agreement, ensuring that all parties are aware of the specific terms and conditions related to the shortsale process.
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What is mls - shortsale addendum?
MLS - short sale addendum is a form used in real estate transactions where the seller is selling the property for less than what is owed on the mortgage.
Who is required to file mls - shortsale addendum?
The seller and their real estate agent are typically required to file the MLS - short sale addendum.
How to fill out mls - shortsale addendum?
The MLS - short sale addendum should be filled out by providing information about the current market value of the property, the amount owed on the mortgage, and any potential short sale terms.
What is the purpose of mls - shortsale addendum?
The purpose of the MLS - short sale addendum is to inform potential buyers that the sale is a short sale and to outline the terms of the sale.
What information must be reported on mls - shortsale addendum?
Information such as the current market value of the property, the amount owed on the mortgage, any potential short sale terms, and the seller's contact information must be reported on the MLS - short sale addendum.
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