This addendum addresses most all the concerns of the seller, bank, and makes clear to the buyer just what has to take place. It has several times lines in it that the Far 9 contract addendum does not. It addresses application of the short sale, Status (updates for the buyer side) back up offers, specific termination clause, and specific acknowledgements for buyer and seller that have been needed. See Forms Simplicicity and look under general addendums far/bar and you will find it. This is one the Far Bar got right in my opinion.
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LPT Realty - Riverview, FL
CDPE
Thanks for the info! i did not know about this and will look at it right away!
Aug 11, 2010 01:27 AM
Dave Halpern Real Estate Agent, Inc., Louisville, KY (502) 664-7827 - Louisville, KY
Louisville Short Sale Expert
Keller William Properties - Davie, FL
Broker/Owner Premier Associates Realty, LLc
Send an email to me at ChrisSnyderPA@gmail.com and I will send a PDF of the two pages.
Chris
Aug 11, 2010 02:09 AM
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