• US Legal Forms

Oregon Short Sale Addendum to Contract for the Purchase and Sale of Real Estate

State:
Multi-State
Control #:
US-1612SB
Format:
Word; 
Rich Text
Instant download

Description

In real estate, a short sale occurs when a bank or mortgage lender agrees to discount a loan balance due to an economic hardship on the part of the mortgagor (i.e., the seller). Circumstances determine whether or not banks will discount a loan balance. Th
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Oregon Short Sale Addendum to Contract for the Purchase and Sale of Real Estate