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SHORT SALE ADDENDUM to MULTI BOARD RESIDENTIAL    Irela  Form

SHORT SALE ADDENDUM to MULTI BOARD RESIDENTIAL Irela Form

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the short sale addendum is used by a seller when the sales price is less than the sellers financial liability on the property or when the seller owes more money on the property than what it's worth and does not or may not have sufficient liquid assets to pay the costs associated with the sale therefore the seller is contingent upon the sellers a lender consent in order to sell the property a short sale addendum usually sets out the number of days that the seller will have to convince the lender to provide written consent

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