High Plains Realty

 

Direct (719) 650-3037
Fax (888) 626-3325
EMAIL: emma@highplainsrealty.net

Agent Information

Offer Process

1) Use the Colorado Contract to submit the original offer

2) Make sure that you submit a prequal letter or verification of funds letter with the contract

3) Offers are normally responded to the same business day but you might allow 48 hours for acceptance

4) Counters will be made verbally

5) Once the price and terms are agreed to, the Fannie Mae addendum will be generated and there needs to be a reference to the addendum added to the original contract - there is a sample addendum on the listing pages for your buyers to review prior to making an offer

6) All dates (inspection period) start from the date of verbal acceptance

7) Signed contracts will take about a week to be returned from Fannie Mae.

8) Lenders need to be aware that figures MUST arrive at the title company 48 hours prior to closing - no exceptions

9) Any changes to the contract need to be made on the Fannie Mae amendment form.  This form is found on the listing pages.