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this video explains how to use the contract amendment okay just a little background on the form alright the box or boxes that youre going to use on this form absolutely need to be checked all right dont confuse the contract amendment though with the amendment to listing so remember that an addendum adds to a contract and an amendment which were talking about changes a contract so number one is where a buyer and seller would agree to change the price of the contract and any associated down payments or loan amounts a B and C need to be filled in one of the largest mistakes that agents make is they dont check the box they use something other in the form all right and they put in an amount in an area C and then it gets signed by the buyer and seller well what does that mean to the cash and the financing portion it totally confuses everything so make sure the box is checked and if youre going to use item number one make sure all three lines are filled in in the contract paragraph seven
