Indianapolis Property Management Blog

Saturday, August 28, 2021

What Does it Mean if a Property is Being Sold As-Is?

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 ...

Wednesday, August 18, 2021

Purchases of HUD homes require a different process for inspections. The listing agent is not involved in setting these inspections up. If you n...

Monday, August 16, 2021

In areas where winterization is required, all homes will not be able to complete a home inspection without a de-winterization being completed. It...