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SHORT SALE ADDENDUM TO MULTI-BOARD RESIDENTIAL REAL ESTATE CONTRACT 6.0 (Use only with Multi-Board 6.0) 1 SELLER NAME(S): 2 BUYER NAME(S): 3 4 This Addendum is attached to and made part of a certain
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How to fill out short sale addendum 60
How to fill out short sale addendum 60:
01
Start by obtaining a copy of the short sale addendum 60 form. This form is typically provided by the lender or the real estate agent involved in the short sale process.
02
Read the instructions carefully to understand the purpose and requirements of the addendum.
03
Begin by filling out the basic information section, which typically includes the property address, loan number, and the name of the borrower and creditor.
04
Next, review the terms and conditions of the addendum. This section may require you to provide additional documentation or disclosure forms related to the short sale transaction.
05
Make sure to accurately complete all the required fields, leaving no blanks or unanswered questions.
06
If there are any specific terms or conditions that need to be modified or added, clearly outline them in the appropriate sections. This may include information on the purchase price, closing costs, or any contingencies.
07
Double-check all the information you have provided to ensure accuracy and consistency throughout the form.
08
Once you have completed the addendum, review it one last time to ensure nothing has been missed.
09
Sign and date the form along with any other required signatures, such as the buyer's or seller's representative.
10
Keep a copy of the completed addendum for your records and submit the original to the appropriate party, whether it be the lender, real estate agent, or closing agent.
Who needs short sale addendum 60:
01
Borrowers who are involved in a short sale transaction with their lender.
02
Real estate agents who are assisting with the short sale process.
03
Lenders or creditors who require additional documentation or disclosures specific to the short sale transaction.
04
Closing agents who are responsible for ensuring all necessary paperwork is completed.
05
Any other parties involved in the short sale transaction who are required to review or sign the addendum.
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What is short sale addendum 60?
Short sale addendum 60 is a form used in real estate transactions to disclose additional information related to a short sale.
Who is required to file short sale addendum 60?
The seller or the seller's agent is required to file short sale addendum 60.
How to fill out short sale addendum 60?
Short sale addendum 60 can be filled out by providing the necessary information about the short sale transaction as requested on the form.
What is the purpose of short sale addendum 60?
The purpose of short sale addendum 60 is to provide additional information and disclosures related to a short sale transaction.
What information must be reported on short sale addendum 60?
Information such as the property address, seller's details, buyer's details, terms of the short sale, and any other relevant information must be reported on short sale addendum 60.
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