| |
| |
|
REO Buyer Instructions
Bank of America
National City Mortgage
CHASE
* Please scroll down to find the appropriate bank
_____________________________________
BUYER´S AGENTS INSTRUCTIONS
(or "WHAT TO EXPECT")
THANK YOU for submitting an offer on our REO listing. An REO sale can be confusing and there s additional paperwork that we don´t see in a normal sale. We have put this list together to help you through the process and to know what to expect from us and what we expect from you.
1. Prior to being able to submit an offer to the seller, your buyer needs to obtain a pre-approval letter from the seller. There is a simple form labeled "LOAN APP" for the buyer to fill out and fax to the local Bank of America Branch. The representative used for this property is Brian McKim. Tell him that you need to get a Pre-approval for an REO.
His email address is brian_mckim@countrywide.com. Cell 818-421-4737.
2. In addition, the buyer must provide the listing agent a copy of the buyer´s DEPOSIT CHECK & PROOF OF FUNDS from their financial institution (please black out the buyer´s private bank routing numbers & account information).
NOTE: If the buyer is paying all cash, it is not necessary to get a pre-approval letter.
______________________________________________________________________________________
National City Mortgage
______________________________________________________________________________________
BUYER´S AGENTS INSTRUCTIONS
(or "WHAT TO EXPECT")
THANK YOU for submitting an offer on our REO listing. An REO sale can be confusing and there is additional paperwork that we don´t see in a normal sale. We have put this list together to help you through the process and to know what to expect from us and what we expect from you.
1. Prior to being able to submit an offer to the seller, your buyer needs to obtain a pre-approval letter from the seller. There is a simple form labeled "LOAN APP" for the buyer to fill out and fax to the local CHASE Home Loans Branch. The representative used for this property is Liz Barrett.
Her email address is LIZ.A.BARRETT@CHASE.com. Fax (818)297-1044, Direct (818)226-0707
2. In addition, the buyer must provide the listing agent a copy of the buyer´s DEPOSIT CHECK & PROOF OF FUNDS from their financial institution (please black out the buyer´s private bank routing numbers & account information).
NOTE: If the buyer is paying all cash, it is not necessary to get a pre-approval letter.
CHASE ADDENDUM
|
