The home you are interested in may be Bank Owned or in Pre-Foreclosure and all offers are subject to Bank/Seller approval. The home will be sold in “As-Is”, “Where Is”, and “With All Faults”. Buyer to pay seller’s transfer tax, verify C/O for legal use and all property information. All information is deemed reliable but not guarantee. All commissions are earned when title passes.
Please follow the instructions bellow to submit your offer:
1. If you have not received a copy of the New York State Disclosure Form and Tronilo Properties, Inc Sales Agreement submit form bellow and we will email them to you.
2. In the sales agreement enter:
· Names of all buyers. This includes anyone who will be listed on the deed, mortgage(s), or HUD-1s. These names may be cross-checked against the Office of Foreign Asset Control (OFAC) and WorldCheck. Seller reserves the right to cancel the sales contract/offer with anyone attempting purchase properties if they match names in either database.
· Contact phone number under buyer's name.
· Address of the property you are placing an offer on.
· The offer amount.
· $0 for deposit amount since you are not placing a deposit at this moment
· Down payment amount on time of signing of contracts to be placed on escrow, also known as earnest money deposit.
· Loan amount if applicable. If this is an all cash offer write “ALL CASH” on this line.
· Cash at closing. In other words, any balance from the total down payment or total down payment minus down payment amount on time of signing of contracts.
· Total amount going to the seller
· Make sure to specify any seller’s concession required and any amounts added to the loan for repairs.
· Sign form.
· Enter attorney’s information.
3. Submit signed New York State Disclosure Form and Tronilo Properties, Inc. Sales Agreement plus additional required documents as listed below via emailed REO@TroniloProperties.com or fax (718) 795-9004.
4. A Tronilo Properties, Inc. representative will contact you as soon as your offer is reviewed. Once all required documents are submitted your offer will be presented to the seller. If there is an offer due date for the property you are submitting an offer for, all offers will be submitted to seller on that date. It may take 24-72 hours from the time offer is presented to the seller for seller to provide a respond. If you have any question please contact our office at 718-296-4400 or email reo@troniloproperties.com with property address on the subject line.
Ø Required Documents for Financing Offers:
1. Proof of funds (Must have buyer’s name and account number most be crossed out with black marker before submitting).
2. Financing Pre-Approval. Bellow is a list of financing contacts for your reference. Please review the listing information, seller may require buyer Pre-Approval to be from a specific lender, even if buyer chooses not to finance with them.
a. For properties requiring Wells Fargo Home Mortgage, Wachovia or NACA Pre-Approval please contact:
Marsha Morency
Mortgage Consultant
Wells Fargo Home Mortgage
M6628-011
35-01C 30th Avenue
Astoria, New York 11103
718-310-4343 Tel
646-773-5200 Cell
866-201-5006 Fax
marsha.morency@wellsfargo.com
Click link below for online application
http://www.wfhm.com/marsha-morency
For NACA contacts go to https://www.naca.com/about_naca/nacaContact.jsp
b. For properties requiring Prospect Mortgage Pre-Approval please contact:
George Stilianudakis
Loan Officer
Prospect Mortgage
718-533-3104 Direct Line
917- 325-1454 Cell
c. For properties requiring a Champion Mortgage Pre-Approval please Contact a Champion Mortgage Loan Specialist Today at 1-888-382-2432.
Ø Required Documents for Offers under Company Name:
1. Full company name
2. Articles of Incorporation and signing authority
3.
