Indianapolis Property Management Blog

Wednesday, September 1, 2021

What Are The Details of the Fannie Mae Deed Restriction?

If you are placing an offer on a Fannie Mae Home Path home, in order to receive an acceptance of your offer, you will be required to accept some ...

Tuesday, August 31, 2021

Almost all corporate owned properties require an additional document be executed known as the Addendum. This document is in addition to the signe...

Saturday, August 28, 2021

When a property is being sold “as-is” no repairs will be made by seller. If an inspection contingency is included in the offer, any respons...

Friday, August 27, 2021

If the seller receives multiple offers on a property, buyers may be requested to submit their highest, best and final offer by an agreed upon dat...

Thursday, August 26, 2021

A common source of confusion on corporate-bank owned homes is what constitutes an actual contracted agreement. Corporate-bank owned properties ...

Wednesday, August 25, 2021

With the exception of HUD owned homes (where the buyer may select the title company) the bank/corporate seller chooses. WILMOTH Group (as listi...

Tuesday, August 24, 2021

Realtors Please use your local state REALTOR approved Purchase Agreement form except for HUD homes. HUD Home Offers Submitted on...

Monday, August 23, 2021

Please understand that a property being sold as-is means the seller will not be making repairs. If the corporate owner has rehabilitate...

Friday, August 20, 2021

With HUD homes all bidding is coordinated through HUD and notices will usually come from HUD or an Asset Manager providing the opportunity to reb...

Thursday, August 19, 2021

When preparing line 5 of the Sales Contract, you will be able to request up to 3% of the bid amount for closing costs over and above those to be ...