Αποτελέσματα Αναζήτησης
23 Αυγ 2023 · Proving Hardship – In most cases, the seller will attempt to claim some type of financial hardship to the creditor in order to have the short sale approved. This may be due to a change in economic events, loss of job, medical reasons, etc.
21 Σεπ 2024 · Short Sale Addendum. A short sale addendum is put into practice when selling a property for less than what is owed on the mortgage. To achieve this, the seller should obtain the bank’s approval for a short sale instead of going through foreclosure.
As a seller, one does not profit with a short sale, but it is a more viable option for setting a mortgage one can no longer afford. A Short Sale Addendum is a document added to a purchase agreement when the owner of a property is selling it at a lower price than they owe on a mortgage.
Download this free Contract Addendum Template as a Word document to help amend an existing contract between two parties.
3 ημέρες πριν · Free Contract Addendum template. Download our simple template for Word, PDF or Google Docs. All documents are 100% free to download & print, even commercially.
19 Απρ 2023 · A short sale addendum is added to a purchase agreement when a property’s selling price won’t pay off the seller’s outstanding mortgage balance. The form creates a special condition that requires the seller’s mortgage lender to approve the transaction before the sale can be completed.
This Short Sale Purchase Agreement Addendum (“Addendum”) made this [MM/DD/YYYY] is by and between: Seller: [SELLER'S NAME] (“Seller”) and Buyer: [BUYER'S NAME] (“Buyer”).
