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Capitol Crown Real Estate
Kate Tustin, MBA,

Broker, DRE License # 01352403
(888)-LISTED4U (888-547-8334) for a Sales Agent
(916) 224-6258 for Offers
(916) 880-5553 Fax
Email: info@capitolcrown.com
Offer Instructions

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C- American Home Mortgage

 

Offer instructions for HOME owned by the American Home Mortgage Servicing

Please printout offer instructions. Initial by each procedure and submit this signed instruction sheet with your offer. Thank you. These instructions are meant to assist you .



____ Offers should be submitted on a CAR contract. All buyers must be named. AHM has there own AMD which will accompany the contract.

____ A copy of the earnest money deposit must accompany the offer. The earnest money deposit must be a check made to Title Company. If offer is accepted it will be replaced with a cashiers check made to the title company of the banks choice. The check must be from the buyer. The Buyers name must appear on the check. If this is a cash purchase the EMD should be 10% of the purchase price.

____ If this is a cash offer you will provide a verification of funds ( bank statements) , dated within the last 30 days from date of offer submissions. The VOF will accompany your offer.

____ If the buyer plans on acquiring a loan for the purchase of this property they must get pre-approved through Prospect Mortgage MUST contact :

*****
Mitzie Sambueno
direct: 916-223-9888
fax: 877-793-0245
email: mitzie.sambueno@prospectmtg.com
website: msambueno.myprospectmortgage.com
*****
and send her this form:

Prospect Mortgage RLG REO Services

BUYER'S INFORMATION ADDENDUM - TO BE FAXED TO LOAN OFFICER (See Below)
SUBJECT PROPERTY ADDRESS:

SELLING AGENT: PHONE #

Primary Borrower Self-information (Please Print Clearly & Complete ALL Details)

Last Name M.I. First Name Social Security Number


Street Address City State Zip Code

Home Phone Number Cell Phone Number

Employer's Phone Number: ______________________________
Employer's Name: ______________________________
Are You Self Employed? YES__________ NO__________
Length of Employment: __________ years __________ months __________


Gross Monthly Income: $__________ + Other Income __________ = $ ____________

Do You Currently Rent / Own? _______________ Monthly Payment: $ ____________

If You Own - Balance Owing: $_______________ Value of Home: $ _______________

Date of Birth: ____________________ Number of Dependents: ____________



Co-Borrower Self-information (Please Print Clearly & Complete ALL Details)

Last Name M.I. First Name Social Security Number


Street Address City State Zip Code

Home Phone Number Cell Phone Number

Employer's Phone Number: ______________________________
Employer's Name: ______________________________
Are You Self Employed? YES__________ NO__________
Length of Employment: __________ years __________ months __________


Gross Monthly Income: $__________ + Other Income __________ = $ ____________

Do You Currently Rent / Own? _______________ Monthly Payment: $ ____________

If You Own - Balance Owing: $_______________ Value of Home: $ _______________

Date of Birth: ____________________ Number of Dependents: ____________


Total Combined Monthly Debts: $________________________________________
(Auto / Truck. Installment Debt, Credit Card Debt, Alimony, Child Support, Etc...)













Please List and Explain All Past Credit Problems, if Any:




We The Undersigned Authorize Prospect Mortgage and (Seller) _________________________ To Run a Credit Report and Review With One Another Our Current Credit Worthiness and Ability to Purchase the Property Which is Referred to Above.
Primary Borrower's Signature _______________________ Date __________
Co-Borrower's Signature ________________________ Date __________


The buyer may use any lender they wish- but we need an approval from Propect to confirm the buyers qualifications.



____ The agent representing the buyer understands this is an ‘As Is” sale. The seller will not be making any repairs or concessions for repairs. The agent is advised to complete a thorough visual inspection of the property prior to offer submission. The agent should submit a AVID with offer.

____ If this is VA or FHA- you are advised to have a pest report completed on the unit prior to making an offer. The bank will not agree to pest repairs that do not specify a dollar amount.



____ Send the offer to : Offers@capitolcrown.com or fax to 916-880-5553. If you would like confirmation of offer receipt, please also send an e-mail asking us to confirm receipt of your offer. We are happy to oblige. E- mail is the most efficient and best way of communicating with us.

____ The offers must come across clear. The bank will not accept copies which are not clear. Know that we will send you an electronic copy of the adm- Please print it out and get the original signed by the buyer then fax or e-mail direct to us.

____ The seller will not be ordering any inspections.

____ Doc’s should be in title a minimum of 5 days prior to closing date. We advise you have this discussion with the lender .


____ Seller request's all inspections and contingencies removals in 10 days. Buyer’s agent to notify of escrow extension request at least five days before close of escrow.

_____ If you are getting a loan you will most likley need home owners insurance. You may choose to obtain a quote from Tillery family insurance, they have worked with our office and we can provide them with property details quickly. They represent several companies and have been very competive in past pricing.
Tillery Insurance
5800 Stanford Ranch Rd. #720
Rocklin, CA 95765
(p) 916-435-5842 (f) 916-435-9779
jason@tilleryinsurance.com


www.tilleryinsurance.com