Short sale addendum to purchase agreement - Nuco Title 2025

1. Click ‘Get Form’ to open it in the editor.
2. Begin by filling in the Buyer and Seller names at the top of the form. Ensure that all parties involved are accurately represented.
3. Specify the date of the Purchase Agreement and provide details about the Property being sold.
4. In Section 2, outline any existing liens on the property. Clearly identify each lienholder and their respective claims.
5. Complete Section 3 by noting the Short Sale Acceptance Date, ensuring you understand that this is contingent upon receiving written consent from all lienholders within 90 days.
6. Follow through with Section 4 by submitting this Addendum to each lienholder within five business days after acceptance.
7. Review Sections 5 through 10 for additional obligations and timelines related to inspections, costs, and potential foreclosure scenarios.
8. Finally, both Buyer and Seller should sign and date the document to acknowledge understanding and acceptance of all terms outlined in the Addendum.

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