Short Sale Escrow Instructions

1. Parties

2. Instructions to Escrow Holder

1. Escrow Holder is to act upon receipt of a fully executed purchase agreement and Short Sale Approval Letter from Seller's Lender(s).
2. Do not proceed to closing or disbursement until all required lender approvals have been received and confirmed in writing.
3. All funds deposited into escrow must be in good funds before any proceeding to closing.
4. All closing funds, costs, and commissions to be paid as approved in the lender approval letter(s).
5. Any changes to the approved amount(s) or terms require written consent of the lender(s).
6. Disburse proceeds according to final written short sale approval(s) and closing statement.

3. Seller's Lender Information

4. Other Terms

• All parties acknowledge that the transaction is subject to lender approval(s).
• If the lender requires changes to these instructions, the parties agree to such amendments as necessary to close the escrow per lender approval.
• If lender approval is not obtained by , escrow shall be cancelled.

5. Fees and Charges

All escrow, title, and related fees shall be paid as reflected in the short sale approval letter and/or closing statement accepted by all parties.

6. Signatures