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Blog Post When Can I Tell My Client They Have a Deal to Buy a Home?

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...
Blog Post How Do I Get the Utilities on in a Property for Inspection?

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...
Blog Post What is a Realistic Timeframe to Complete a Transaction?

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...
Blog Post What Are The Details of the Fannie Mae Deed Restriction?

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 ...
Blog Post What is the Corporate/Bank Addendum?

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...
Blog Post What Does it Mean if a Property is Being Sold As-Is?

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...
Blog Post What if There Are Multiple Offers on a Property?

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...
Blog Post Do I Get a Signed Agreement if My Offer is Accepted?

Do I Get a Signed Agreement if My Offer is Accepted?

A common source of confusion on corporate-bank owned homes is what constitutes an actual contracted agreement. Corporate-bank owned properties ...
Blog Post Who Chooses the Title Company?

Who Chooses the Title Company?

With the exception of HUD owned homes (where the buyer may select the title company) the bank/corporate seller chooses. WILMOTH Group (as listi...
Blog Post What Form Do I Use to Make an Offer on a Property?

What Form Do I Use to Make an Offer on a Property?

Realtors Please use your local state REALTOR approved Purchase Agreement form except for HUD homes.  HUD Home Offers Submitted on...
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