Anyone know where I can download a basic options contract to be used for short sales?
- go to http://www.oldschooltitle.com/
- click on forms on the left side
- download the addendum
- have a local attorney review it.
You can also find them on my site listed below (and may find some well priced Transactional Funding). Just a FYI, some banks are starting to ask for standard state contracts. Some of my clients are switching to their standard state contracts and being sure that all of the disclosures used in the Option Contract are included in an Addendum to the standard state contract. If you head that direction make sure to have a real estate attorney review them. Also, if you go that route I suggest still using the Owners Affadavit that is part of the Option Contract set.