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SHORT SALE ADDENDUM HOLD HARMLESS AGREEMENT Century 21 Home Star BROKERAGELISTING Agent undersigned party or parties (Seller) understand that the listing agent (Agent) will not provide Sellers with
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How to fill out short sale addendum hold

01
To fill out a short sale addendum hold, follow these steps:
02
Obtain a copy of the short sale addendum hold form.
03
Read through the form carefully to understand the requirements and provisions.
04
Fill in your personal information, such as your name, address, and contact details, in the designated fields.
05
Provide the necessary details about the property involved in the short sale, including its address, legal description, and any identifying numbers.
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Specify the terms and conditions of the hold, including the duration and any applicable fees or penalties.
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Review the completed form for accuracy and completeness.
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Sign the form and date it.
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If required, have the form notarized.
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Make copies of the filled-out and signed form for your records.
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Submit the completed short sale addendum hold form to the appropriate parties involved in the short sale process, such as your real estate agent, lender, or attorney.

Who needs short sale addendum hold?

01
Short sale addendum hold is typically needed by individuals or entities involved in a short sale transaction.
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This includes homeowners who are unable to meet their mortgage obligations and are seeking to sell their property for less than the outstanding loan balance.
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Lenders, real estate agents, and attorneys involved in the short sale process may also require the short sale addendum hold to document and protect their interests.
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It is recommended to consult with a professional in the real estate or legal field to determine if a short sale addendum hold is necessary for your specific situation.
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Short sale addendum hold is a document used in real estate transactions to disclose any potential issues or delays in the sale of a property.
The seller and the real estate agent involved in the transaction are usually required to file the short sale addendum hold.
Short sale addendum hold can be filled out by providing details about any potential issues or delays in the sale of the property, as well as any relevant information that may impact the transaction.
The purpose of short sale addendum hold is to inform all parties involved in the real estate transaction about any potential issues or delays that may arise during the sale.
Information such as potential issues with the property, delays in closing, or any other relevant details that may impact the transaction must be reported on the short sale addendum hold.
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