SHORT-SALE OFFER CHECKLIST
We are an experienced Short Sale Team, if you want to have a successful offer acceptance & closing, you must provide us the following:
1- FAR/BAR ASIS Contracts ONLY with Short Sale Addendum
2- Escrow Agent:
Guarantee Title, Inc.
8895 N. Military Trial
Bldg E, Suite 102
Palm Beach Gardens, FL 33410
(561) 296-0904
Attn: Jacob Webb
3- 1st Deposit should be minimum $1000.
4- 2nd Deposit is preferable & should be placed within 10 days of acceptance & for at least $1000.
5- If financing then Loan Approval/Commitment Date must be 30 days or less.
6- Closing date to be 30 days from approval; for FHA/VA we can try for 45 days.
7- Maximum 3% of the Purchase Price for Seller Concessions only if needed.
8- 7 day Inspection Period
9- Shortsale Addendum with minimum 60 days in Section 1 (90 days preferred) & first box checked in Section 3.
10- For financed offers you must have DU/DO conditional approvals; Proof of Funds required for CASH offers, no Exceptions! If you do not have a DU/DO contact:
Keith Chabot
Atlas Mortgage Funding, Inc
772-545-3138
KChabot@tlasmortgagefunding.com
FHA / VA Approved Lender
PLEASE NOTE: Buyer is free to use whomever they choose for their mortgage.