In some cases, if the attorneys that represent the seller see that you're planning to finance after marking "Cash" on the addendum, they'll require you to submit an amendment to the contract that the seller will need to sign and agree.When dealing with private sellers, this is going to be much less of a concern.

But I read it somewhere that there is a new amendments to the Protecting Tenants At Foreclosure Act that changed the date of notice of default to date of sale.

You will find that if you omit some issue you can always file amendments to the Articles and OA to change things, but you may need an attorney at it will cost something too.

From what you said, it's the escrow company that's requiring an amendment to the contract, not the lender.I can certainly understand why the escrow company would say this.

There are ccrs and amendments/additions, and bylaws, financials (which you probably won't get to see until (if then) you can get then, expecially the rearages, fines and dues owed, and any liens or foreclosures, city and state laws, and then there is what the board does.

The existing contract can just be amended.

Excuse my ignorance, where exactly could I make amendments and what exactly is needed?

If it is going to go beyond the extension, then we will amend the contract accordingly.

You will have to provide findings, meaning similar properties that are built in the neighborhood, which is impossible sometimes because if the city has allowed something in that nature they’d have amended the code.

But it is still a laborious process to legally amend the terms of the note and deed.