Contract Terms
To ensure immediate acceptance of your offer, please use the terms below.
If the home on which you're offering is owner-occupied AND your buyer will NOT be occupying the home after buying it, then your offer must be on C.A.R. Form NODPA, Notice Of Default Purchase Agreement instead of the more common RPA.
C.A.R. Form SSA, Short Sale Addendum
Paragraph A date is two (2) months from the day you create the offer.
Paragraph B.1. time periods (ii) shall begin the Day After Seller delivers to Buyer written notice of Short-Sale lender's consent.
Paragraph B.2. deposit check shall be (i) immediately handled as provided in the Agreement.
C.A.R. Form RPA-CA, Residential Purchase Agreement
1.D. Close of escrow: "Determined by seller's lender". In ZipForms, hit the spacebar to type text and override the default date format.
2.C. "Home Auction Advantage" is agent of the Seller exclusively
3.A. Initial Deposit must be at least 1% of purchase price.
4.A.(4) Seller pays for natural hazard zone disclosure report by “Seller's Choice”
4.C.(1) Escrow holder “Seller's Choice.” We usually use M&M Escrow.
4.C.(2) Owner’s title policy issued by “Seller's Choice”. We usually use Stewart Title.
4.D.(6) Home warranty issued by "Buyer's choice. No warranty if seller's lender rejects."
8.B.(3) No personal property is included. Seller may or may not choose to sell personal property to Buyer outside escrow.
8.C. Check the listing's MLS Supplemental Remarks for real property items that are not included in the sale.
10.C. Change first word 'Seller' to 'Buyer'. Buyer shall have utilities turned on for Buyer's Investigations.
11.B. Check Short Sale Addendum (see terms above)
11.C. Check Statewide Buyer and Seller Advisory (it does NOT need to be included with your offer).
11.D "After escrow receives initial deposit, MLS will be changed to 'pending' and no other offers will be sent to seller's lender."
Page 8 Listing Firm: Home Auction Advantage, License # 01877663