≡ Menu

Short Sale Stipulations

Short_Sale_Stipulations

 

Short Sale Stipulations, 10.0 out of 10 based on 1 rating
DOWNLOAD WORD FILE
DOWNLOAD PDF FILE
VN:F [1.9.22_1171]
Rating: 10.0/10 (1 vote cast)

Don't forget to rate :) Thank you and God bless

Preview

Short Sale Stipulations

These following stipulations need to be added to your Purchase and Sales Agreement (PSA) when attempting to purchase under a short sale. You can use either of the PSA’s included in this package, or use a standard Board of Realtors contract – just be sure to add these stipulations.

Seller understands that this Agreement is contingent on Buyer being able to secure an acceptable “short sale” from Seller’s Lender(s).
Seller understands that if Seller’s Lender(s) will not negotiate a “short sale” acceptable to Buyer, then the Property may proceed into foreclosure.
Seller understands that he/she will not receive any proceeds from the sale of the property.
Seller and Buyer agree that this is an “AS IS” purchase and that no inspection or termite letter will be required.

Tags

  • what are the stipulations on a short sale for buying a home

Comments on this entry are closed.