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Law Forum: Free Legal Advice Online / Mortgages and Foreclosures / Bank addendum
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Posted By Discussion Topic: Bank addendum

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oxy
10-19-2009 @ 4:09 AM                          
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 We received bank addendum on our short sale purchase the day before closing. Is it normal?
caligirl33
10-27-2009 @ 12:49 PM                          
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 http://homebuying.about.com/od/shortsale/f/093009-short-sale-addendum.htm

This article gives an explanation about what a short sale addendum is that might help answer your question. If you have any doubts, you might consider speaking with a real estate lawyer and having him/her look over the document.
oxy
10-27-2009 @ 6:40 PM                          
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 It was a question about a bank addendum, not a short sale addendum.
The problem is our real estate agent didn't disclose new conditions(like we/buyer have to pay for sellers unpaid taxes) when short sale was approved (before going to escrow). We found out about it only a day before closing.
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