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SHORT SALE OFFER INSTRUCTIONS ***PLEASE READ ENTIRE ADDENDUM AND MAKE SURE BUYER AND THEIR AGENT UNDERSTANDS EVERY DETAIL*** THIS ADDENDUM MUST BE SUBMITTED WITH PURCHASE AGREEMENT. BY SIGNING AND
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How to fill out short-sale addendum to purchase
How to fill out short-sale addendum to purchase
01
Obtain a short-sale addendum to purchase form from the necessary party or source.
02
Fill in the date of the agreement and the names of the buyer and seller.
03
Include the address of the property being bought or sold.
04
Specify the purchase price and any earnest money being put down.
05
Outline any special terms or conditions related to the short-sale transaction.
06
Have all parties involved sign and date the addendum.
07
Submit the completed short-sale addendum to purchase as required.
Who needs short-sale addendum to purchase?
01
Buyers and sellers involved in a real estate short-sale transaction.
02
Real estate agents and brokers overseeing the short-sale process.
03
Lenders and financial institutions facilitating the short-sale agreement.
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What is short-sale addendum to purchase?
The short-sale addendum to purchase is a document that is added to a real estate purchase agreement when the property being sold is a short sale.
Who is required to file short-sale addendum to purchase?
The seller or their authorized representative is required to file the short-sale addendum to purchase.
How to fill out short-sale addendum to purchase?
The short-sale addendum to purchase must be filled out with all the necessary information regarding the short sale transaction, including details about the property, purchase price, and terms of the sale.
What is the purpose of short-sale addendum to purchase?
The purpose of the short-sale addendum to purchase is to outline the specific terms and conditions related to the short sale transaction, protecting both the buyer and the seller.
What information must be reported on short-sale addendum to purchase?
Information such as the property address, seller's name, buyer's name, purchase price, and any special terms or conditions must be reported on the short-sale addendum to purchase.
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