Get Oh Short Sale Addendum To Purchase Agreement

Filling out the OH Short Sale Addendum To Purchase Agreement is an important step in a real estate transaction involving a short sale. This guide provides clear, sequential instructions to help you complete the form accurately and efficiently online.

Follow the steps to accurately fill out the addendum online.

1. Press the ‘Get Form’ button to access the OH Short Sale Addendum To Purchase Agreement and open it in your preferred editing format.
2. Begin filling in the date of the original Residential Purchase Agreement at the top of the form.
3. In the designated fields, provide the street address, city, state (Ohio), and zip code of the property being sold.
4. Enter the names of the Buyer(s) and Seller(s) in the respective sections of the document.
5. Read through section A, ensuring you understand that the agreement creates a binding primary contract and that the Seller may receive additional offers.
6. In section B, acknowledge that the Buyer understands the purchase is contingent upon the Seller obtaining a short sale approval.
7. For section C, be aware that the process for short sale approval may take an extended amount of time.
8. Fill in section D by noting down the number of days within which the Seller must submit documentation to lien holders.
9. In section E, state the expected number of days for short sale approval.
10. For section F, ascertain the procedure for handling notifications from the lien holder regarding short sale approval.
11. Complete section G by indicating the proposed timeline for the title transfer after approval.
12. Review the document for any conflicts, as noted in section H, and finalize any necessary modifications.
13. Once all sections have been completed, save your changes to the document. You can then choose to download, print, or share the completed addendum as needed.

Complete your document online today to ensure a smooth transaction process.