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Get Ct Short Sale Addendum Fill In Form
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How to fill out the Ct Short Sale Addendum Fill In Form online
Completing the Ct Short Sale Addendum Fill In Form is an essential step in facilitating a short sale real estate transaction. This guide will provide you with clear, step-by-step instructions to assist you in filling out the form accurately and efficiently.
Follow the steps to complete the form correctly
- Click the ‘Get Form’ button to obtain the form and open it in the editor.
- Begin by filling in the names of the Seller(s) and Buyer(s) in the designated fields. Ensure that all names are spelled correctly and completely.
- Provide the address of the property in the specified section, including the street address, city, and zip code.
- Review the Conflict of Terms section to understand that this Addendum's terms will prevail in case of any inconsistencies with the main Contract.
- Fill out the Short Sale Payoffs section, ensuring that you understand the necessity of lienholder approvals and the responsibilities of both parties.
- In the Extension of Closing Date section, note any agreements regarding the extension due to pending approvals.
- Review and complete the Termination Option clause while being mindful of the timeline specified for negotiations.
- Acknowledge the right for the Seller to continue offering the property for sale by filling in the necessary terms related to this right in the specified field.
- Complete the ‘As Is’ Condition clause, understanding the implications regarding repairs and inspections conducted by the Buyer.
- Finally, both Buyer(s) and Seller(s) should sign and date the Addendum at the bottom, ensuring all blanks are filled correctly.
- Once all sections are complete, you can save changes, download, print, or share the form as needed.
Start filling out your documents online today to streamline your real estate transactions.
A short sale addendum is intended for a seller of real estate that owes more money on the property than it's worth.
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