Knowledebase Tag: Contract
- What must a buyer do to terminate the contract if the property does not satisfy the buyer’s lender’s underwriting requirements for the loan?
- What does it mean for the contract if a term is left blank?
- If a higher offer from another prospective buyer is received after a short-sale contract has been accepted by the seller but before the lender approves the first contract, should the second offer be accepted by the seller using the backup addendum?