Blog Post Thursday, September 9, 2021 Will I Receive a Confirmation if My Offer Has Been Received? All offers submitted, as instructed, to WILMOTH Group (some corporate owned homes will require an on-line submittal to a third party unaffiliated... Read More
Blog Post Wednesday, September 8, 2021 Why Do I Have to Provide a Proof of Funds for Pre-Approval? Purchasing HUD homes requires making available, with your offer documentation, that the purchaser either has the funds or is approved for bank fi... Read More
Blog Post Sunday, September 5, 2021 What’s the Deal with Board of Health Fines? Local Boards of Health do not always timely file liens on properties. The title insurance only covers recorded liens. The title company will make... Read More
Blog Post Saturday, September 4, 2021 When Can I Tell My Client They Have a Deal to Buy a Home? A common source of confusion on bank owned homes is what constitutes an actual contracted agreement. All bank-owned properties will give a verbal... Read More
Blog Post Friday, September 3, 2021 How Do I Get the Utilities on in a Property for Inspection? Any inspection requested by the buyer is intended to be only for buyer’s information. We will have utilities turned on to accommodate the inspe... Read More
Blog Post Thursday, September 2, 2021 What is a Realistic Timeframe to Complete a Transaction? Generally you will have 30 to 45 days from mutual acceptance to close the transaction. Often the proposed closing date on the original offer is... Read More
Blog Post Wednesday, September 1, 2021 What Are The Details of the Fannie Mae Deed Restriction? If you are placing an offer on a Fannie Mae Home Path home, in order to receive an acceptance of your offer, you will be required to accept some ... Read More
Blog Post Tuesday, August 31, 2021 What is the Corporate/Bank Addendum? Almost all corporate owned properties require an additional document be executed known as the Addendum. This document is in addition to the signe... Read More
Blog Post Saturday, August 28, 2021 What Does it Mean if a Property is Being Sold As-Is? When a property is being sold “as-is” no repairs will be made by seller. If an inspection contingency is included in the offer, any respons... Read More
Blog Post Friday, August 27, 2021 What if There Are Multiple Offers on a Property? If the seller receives multiple offers on a property, buyers may be requested to submit their highest, best and final offer by an agreed upon dat... Read More