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11-29-2009, 03:41 PM #1
Renter
- Join Date
- Nov 2009
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- 7
Buyer Loan application delay - Sign and date?
In a real estate purchase contract, if the buyer's loan application is delayed, would the real estate agent make a new contract? or would both parties amend it with their signatures and date below?
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09-12-2011, 10:07 AM #2
Fixer Upper
- Join Date
- Aug 2011
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- 50
Generally is the real estate purchase contract is delayed due to a loan application delay the either agent will present an addendum to the original contract that will need to be signed by both parties. The addendum would change the closing dates due to the loan delay, it would not alter any other details of the original contract.
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