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Updated over 9 years ago,
Subject to Agreement to use when SELLING.
Hi, would anyone here share the agreement you use when SELLING sub2? I got an agreement here on BP from Michael Quarles that is great for buying. It's concise, thorough and easy to read just not good for selling.
Also, is there a clause or addendum you use addressing the possibility of the property not appraising for enough when your buyer goes to refi to pay off a balloon and how the parties will continue?
Also, what strategy would you use if the note gets called due?
Thank you in advance for your consideration!