There are real estate agents who are very experienced in short selling, although you have to look for them. It might be wise, even if there will be a commission, to look for one and establish a relationship. You can use your experience and mandated forms for contracts and, depending on the information provided, write additions to modify the agreements according to your wishes. Medium short selling also requires a bit of back and forth with the lender or asset management company that mandates them. The agent can follow up frequently for you and give you time to find another agreement. You can take care of the preparation of counter-offers and help you get information from the owner. The documentation requested by the owner is by far the largest and most important facet of a short selling process. Consider all your options and the time and effort you want to put into a short selling store that may not make it to the closing table. The lender has full control. You need to make it clear to the lender that the landlord is heading for a default and that short selling is a better way than a seizure. The real estate agent can also help with a CMA, Comparative Market Analysis, which shows that the value of the property is consistent with your offer. Some lenders can give more credibility to this professionally prepared CMA with the header of a real estate agent.
The plural reductions of the agreement are: AGs. , Agrmts. or TFAs. The elements of a good real estate short selling contract are not really different from those required for each transaction. If the landlord comes back with a counter-offer with changes to the language of your sales contract, you can have them blessed by your lawyer or make the appropriate changes to your meter. There are three usual abbreviations for the agreement: AG., agrmt. and AGT. If you want to create one of these plurals, simply add an “s”. The provisions of this Agreement shall be limited to the supply of gas, as provided for in this Agreement, and shall not be considered as novations of an agreement, contract or similar agreement already existing between the Parties and which remains unchanged, with the exception of the short-term agreement. Ultimately, the best solution is to hire your lawyer to create a sales contract that protects your interests.
And use a lawyer who specializes in the practice of real estate law.