Schedule A
Oct 11th 2008 | 11:42 pm
#1
Thread Starter
In the boonies
Joined: Sep 2008
Posts: 118
From: Upper Kennetcook.N.S.
Schedule A
We have seen some houses on the MLS with the term 'Schedule A must accompany all offers.' Could anyone explain please ?
Thanks
Thanks
Oct 12th 2008 | 1:39 am
#2
RETIRED Realtor
Joined: Aug 2006
Posts: 2,087
From: Winnipeg, Manitoba
Re: Schedule A
Schedule A is an adendum to the Offer to Purchase with additional conditions.
It can be for several reason, but the most usual is if its a Bank Foreclosure, and so there are a number of extra conditions to protect the Bank. Basically they normally say" You may think you are buying a house. but we're not saying thats what it is, you buy at you own risk, etc"
It can be for several reason, but the most usual is if its a Bank Foreclosure, and so there are a number of extra conditions to protect the Bank. Basically they normally say" You may think you are buying a house. but we're not saying thats what it is, you buy at you own risk, etc"
Oct 12th 2008 | 3:47 am
#3
Thread Starter
In the boonies
Joined: Sep 2008
Posts: 118
From: Upper Kennetcook.N.S.
Re: Schedule A
Schedule A is an adendum to the Offer to Purchase with additional conditions.
It can be for several reason, but the most usual is if its a Bank Foreclosure, and so there are a number of extra conditions to protect the Bank. Basically they normally say" You may think you are buying a house. but we're not saying thats what it is, you buy at you own risk, etc"
It can be for several reason, but the most usual is if its a Bank Foreclosure, and so there are a number of extra conditions to protect the Bank. Basically they normally say" You may think you are buying a house. but we're not saying thats what it is, you buy at you own risk, etc"
Thanks for that
