Middlesex Massachusetts Short Sale Addendum to Contract for the Price, Purchase and Sale of Real Estate

State:
Multi-State
County:
Middlesex
Control #:
US-01185BG
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. These circumstances are usually related to the current real estate market climate and the individual borrower's financial situation. A short sale typically is executed to prevent a home foreclosure. Often a bank will choose to allow a short sale if they believe that it will result in a smaller financial loss than foreclosing.

This form is a sample of an Addendum to a standard real estate sales contract in order to incorporate the short sales provisions. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

Free preview
  • Form preview
  • Form preview
  • Form preview

How to fill out Middlesex Massachusetts Short Sale Addendum To Contract For The Price, Purchase And Sale Of Real Estate?

How much time does it normally take you to create a legal document? Given that every state has its laws and regulations for every life sphere, locating a Middlesex Short Sale Addendum to Contract for the Price, Purchase and Sale of Real Estate meeting all regional requirements can be stressful, and ordering it from a professional lawyer is often pricey. Many online services offer the most common state-specific templates for download, but using the US Legal Forms library is most advantegeous.

US Legal Forms is the most extensive online collection of templates, gathered by states and areas of use. In addition to the Middlesex Short Sale Addendum to Contract for the Price, Purchase and Sale of Real Estate, here you can find any specific form to run your business or individual deeds, complying with your regional requirements. Professionals check all samples for their validity, so you can be certain to prepare your documentation correctly.

Using the service is remarkably easy. If you already have an account on the platform and your subscription is valid, you only need to log in, select the required sample, and download it. You can retain the document in your profile at any time in the future. Otherwise, if you are new to the platform, there will be a few more actions to complete before you get your Middlesex Short Sale Addendum to Contract for the Price, Purchase and Sale of Real Estate:

  1. Examine the content of the page you’re on.
  2. Read the description of the template or Preview it (if available).
  3. Look for another form using the related option in the header.
  4. Click Buy Now once you’re certain in the selected document.
  5. Decide on the subscription plan that suits you most.
  6. Sign up for an account on the platform or log in to proceed to payment options.
  7. Pay via PalPal or with your credit card.
  8. Switch the file format if needed.
  9. Click Download to save the Middlesex Short Sale Addendum to Contract for the Price, Purchase and Sale of Real Estate.
  10. Print the doc or use any preferred online editor to complete it electronically.

No matter how many times you need to use the purchased document, you can locate all the files you’ve ever saved in your profile by opening the My Forms tab. Give it a try!

Trusted and secure by over 3 million people of the world’s leading companies

Middlesex Massachusetts Short Sale Addendum to Contract for the Price, Purchase and Sale of Real Estate