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ERA Key Realty Services SHORT SALE ADDENDUM TO EXCLUSIVE RIGHT TO SELL LISTING AGREEMENT This Addendum is an integral part of the Exclusive Right to Sell Listing Agreement (Listing Agreement) between
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How to fill out short sale addendum to

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To fill out a short sale addendum, follow these steps:

01
Begin by gathering all the necessary information and documents related to the short sale transaction, such as the property address, loan information, and financial statements.
02
Review the addendum carefully to understand its purpose and any specific requirements it may have. Pay attention to any fields that need to be completed or documents that need to be attached.
03
Start filling out the addendum by entering the relevant information in the designated fields. This may include the buyer's and seller's names, contact information, and signatures.
04
Provide a clear and detailed description of the property being sold. Include any important details about its condition, repairs needed, or outstanding liens.
05
If the short sale addendum requires additional documentation, make sure to attach them securely. This could include financial statements, hardship letters, or bank statements.
06
Collaborate with your real estate agent or attorney if you need assistance or have any questions while completing the addendum.
07
Carefully review the completed addendum to ensure all the information is accurate and complete. Make any necessary corrections or additions before finalizing it.
08
Sign and date the addendum, making sure that all parties involved in the short sale also sign and date it.
09
Keep a copy of the completed addendum for your records and provide copies to all relevant parties, such as the buyer, seller, lender, and real estate agents.
The short sale addendum is typically needed by individuals involved in a short sale transaction, including the buyer, seller, real estate agents, and lenders. This addendum serves as a legally binding document that outlines the specific terms and conditions of the short sale and provides additional information that may not be covered in the main purchase agreement. It helps ensure transparency and clarity in the transaction and protects the interests of all parties involved.
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Short sale addendum is a document added to a purchase agreement that outlines additional terms and conditions specific to a short sale transaction.
The buyer and seller involved in a short sale transaction are required to file the short sale addendum.
The short sale addendum should be filled out with the details of the short sale transaction, including any additional terms or conditions agreed upon by the buyer and seller.
The purpose of the short sale addendum is to clarify and document any special arrangements or conditions that are necessary for a successful short sale transaction.
The short sale addendum must include details such as the purchase price, closing date, any contingencies, and any special agreements between the buyer and seller.
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