Glossary of Real Estate and Finance TermsAll Publications of the DRE – BREREAL ESTATE LAW AND SUBDIVIDED LANDS LAWAs amended and in effect January 1, 2015 From the Business and Professions Code REGULATIONS OF THE REAL ESTATE COMMISSIONER As contained in theCalifornia Code of Regulations PERTINENT EXCERPTS FROM THE BUSINESS AND PROFESSIONS CODE

I believe in the free flow of information, the 1st, 4th and 5th amendment.  

IF, FOR ANY REASON, SELLER (A) IS UNABLE TO MAKE THE TITLE INSURABLE OR CORRECT TITLE PROBLEMS OR (B) IS UNABLE TO OBTAIN TITLE INSURANCE FOR THE PROPERTY FROM A REPUTABLE TITLE INSURANCE COMPANY AT REGULAR RATES OR (C) DETERMINES IN ITS SOLE DISCRETION THAT IT IS UNABLE OR IT IS ECONOMICALLY NOT FEASIBLE TO CONVEY GOOD AND MARKETABLE TITLE TO THE PROPERTY INSURABLE BY A REPUTABLE TITLE INSURANCE COMPANY AT REGULAR RATES, AT THE CLOSING DATE, AND SUCH CLOSING DATE IS NOT EXTENDED OR OTHERWISE AMENDED IN THE SOLE AND ABSOLUTE DISCRETION OF SELLER AS SET FORTH ELSEWHERE IN THIS AGREEMENT, OR (D) DETERMINES, IN ITS SOLE DISCRETION TO DEEM THE AGREEMENT NULL AND VOID IF REQUIRED BY APPLICABLE LAW, AND/OR REQUIRED BY ANY EXISTING CONTRACT OR AGREEMENT BINDING UPON SELLER AND/OR THE PROPERTY, INCLUDING, WITHOUT LIMITATION, ANY AGREEMENTS WITH THE PRIOR OWNER OF THE PROPERTY, ANY MORTGAGE INSURER OR ANY MORTGAGE BROKER, THEN SELLER MAY CANCEL THE TRANSACTION CONTEMPLATED BY THIS AGREEMENT BY WRITTEN NOTICE TO THE OTHER PARTY AND THE ESCROW/CLOSING AGENT.

It looks like we can submit a response tot he amended reorganization plan even though a 3rd party without standing. 

Chances are, the closing will have to be extended in order to either do repairs or negotiate a new price, as the Fannie Mae closing process is pretty cumbersome and specific and you'll need an amendment and new HUD if you renegotiate or time to do repairs if not.

Hello ,Can someone please send me a purchase agreement and assignment contact for whole sale properties also the amendment incase the deal doesn't fall through . 

Hello, Can someone please share their purchase agreement , assignment agreement, and amendment.

I recently wrote about 2 Amendments to my Purchase and Sale Agreement that made me $65,000 on a recent Wholesale deal. 

I tied the deal up quickly with 2 very critical amendments to my P&S Agreement (will discuss below).

Thank you Darren.Yes, defimitely inderstand that the rule is not by any means the only determinimg factor in whether a deal will make sense from am end-buyer's standpoint.