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How to fill out the REAL ESTATE PURCHASE ADDENDUM - Mediacrmlsorg online
The Real Estate Purchase Addendum serves as a crucial extension of the Real Estate Purchase Contract, outlining specific terms between the seller and purchaser. This guide provides step-by-step instructions on how to effectively complete this online form, ensuring that all necessary information is accurate and complete.
Follow the steps to efficiently fill out the Real Estate Purchase Addendum.
- Click ‘Get Form’ button to access the Real Estate Purchase Addendum and open it in the online editor.
- Fill out the top section of the form, entering the seller's name as 'Caliber Home Loans, Inc. as servicer for the owner of record' and provide the purchaser's name in the designated field.
- Enter the property's address in the specified location to clearly identify the subject property being purchased.
- For the offer section, indicate the purchase price being offered by the purchaser and the acknowledgement date when the seller deemed the offer materially sufficient.
- In the acceptance of the offer section, ensure that the purchaser's earnest money amount is clearly filled in, along with the timeline for depositing these funds into a trust account.
- When detailing financing terms, check the applicable box to indicate whether the agreement is contingent on financing and specify the type of financing the purchaser intends to acquire.
- Complete the inspections section by indicating the date by which the purchaser plans to inspect the property.
- In the repairs section, outline any agreements regarding repairs and the conditions under which the seller is responsible for them.
- Outline any additional terms or conditions relevant to the transaction in section 38.
- Review all filled fields carefully for accuracy, then save changes, download, or print the completed form as necessary.
Complete your documents online today to ensure a smooth real estate transaction.
An amendment is typically used to change something that's part of an original contract. Think of amendments as modifications to the earliest agreement (for example, altering an agreed-upon deadline). An addendum is used to clarify and add things that were not initially part of the original contract or agreement.
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