Option Contract: Things I should know.

Foreclosures, Short Sales, Tax Foreclosures
1

I am new to short sale investing. I am using a standard option contract. I just wanted to know about any clauses or addenums that should be added to protect me from liability, etc.

What are the important clauses/addenums every option contract should have?

Thanks.

2

hi there…things will vary depending on the state you’re doing business in. it’s probably not the answer you want to hear but everyone will suggest to consult this information with an attorney.