What’s the Deal with Board of Health Fines?
Find out what home buyers should know about local Board of Health fines in Indiana, from outstanding bills to liens and title insurance.
Find out what home buyers should know about local Board of Health fines in Indiana, from outstanding bills to liens and title insurance.
A common source of confusion on bank owned homes is what constitutes an actual contracted agreement. Find out when you can tell your client they have a deal.
Any inspection requested by the buyer is intended to be only for buyer’s information. We will have utilities turned on to accommodate the inspection.
Generally you will have 30 to 45 days from mutual acceptance to close the transaction. Read the Seller Addendum carefully to avoid late fees for tardy closings.
If you’re placing an offer on a Fannie Mae HomePath home, you’ll be required to accept special restrictions in order to receive an acceptance of your offer,
Almost all corporate owned properties require an additional document be executed known as the Addendum. This document is in addition to the signed agreement.
Cash offers are normally looked upon more favorably than financed offers. Therefore, the seller normally frowns upon trying to change to financing.
Due to liability risks, the purchaser is not to take possession until the seller has been funded. No repairs are to be performed by the purchaser prior to this.
When a property is being sold as-is, no repairs will be made by the seller. The seller realizes work is needed and should have priced the property accordingly.
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 date and time.