C.A.R. Form SSA, Short Sale Addendum
Paragraph A date is two (2) months from the day you create the offer.
Paragraph B.1. time periods (ii) shall begin the Day After Seller delivers to Buyer written notice of Short-Sale lender's consent.
Paragraph B.2. deposit check shall be (i) immediately handled as provided in the Agreement.
C.A.R. Form RPA-CA, Residential Purchase Agreement
1.D. Close of escrow: "Determined by seller's lender"
2.A. Initial Deposit must be at least 1% of purchase price.
2.I. The loan contingency shall remain in effect until the loan is funded. Therefore, you pay for an appraisal after written lender short sale approval.
3.B. Occupancy at Close Of Escrow
4.B.(3) Seller pays for natural hazard disclosure report by “Seller's Choice”
4.D.(1) Buyer and Seller split escrow 50/50. Escrow holder “Seller's Choice.” We usually use M&M Escrow.
4.D.(2) Owner’s title policy issued by “Seller's Choice”. We usually use Stewart Title.
4.E.(5) State in contract: "No warranty if seller's lender rejects. Seller's Choice".
8.B.(3) Sale includes items listed in MLS only. No personal property is included.
8.C Check the listing's MLS Supplemental Remarks for real property items that are not included in the sale.
14.A.(1) Buyer has five (5) Days after Acceptance (not 17 days).
25.B. Short Sale Addendum (see terms above) included in agreement. SBSA is included, but does NOT need to be included with your offer. "Seller's lenders must report debt as 'unrated' to credit bureaus."
27.C. Home Auction Advantage is agent of Seller exclusively.
Listing Firm: Home Auction Advantage, License # 01740669