(3) business days.
> During Fannie Mae FirstLook period, only offers from owner occupants and public entities will be considered for the first fifteen (15) days a property have been listed.
> To view how many days left within the FirstLook period, search for the property in HomePath.com
*CREATING PURCHASE AGREEMENT AND PURCHASE ADDENDUM*
> The Arizona (AZ) Purchase Agreement, Fannie Mae (FM) Purchase Addendum, and Owner Occupant Certification, if applicable needs to be uploaded when submitting the online offer.
> Specify the title company (ALL their contact info) your Buyer would like to utilize for the sales transaction.
> The AZ Purchase Agreement and FM Purchase Addendum MUST contain the Seller's name as: Fannie Mae
> The offer MUST contain Buyer's legal/correct name. No amendments will be allowed.
> Add following verbiage under Additional Terms & Conditions in the AZ Purchase Agreement: Pursuant to section 28 of real estate addendum, this contract is subject to all terms and conditions set forth in the real estate purchase addendum.
> Add following verbiage under Section 38. Additional Terms & Conditions in FM Purchase Addendum: Not withstanding the language in section 8o of the state sales contract, nothing in this agreement shall constitute a release or waiver by Seller of any claim or right that it may have with respect to any third parties, including but not limited to the Brokers in this transaction.
> MUST specify Karen S. Miller as the listing agent with contact information in the AZ Purchase Agreement and FM Purchase Addendum.
> Do include the As-Is Addendum and HOA addendum if applicable.
> Do NOT include the On-Site Waster-Water Addendum. Seller will not sign the AZ On-Site Waste-Water Addendum. However, will pay for the pumping and certification of the septic system.
>Counter offers will be done by emails. No need to re-submit negotiations through Homepath.com
*** NOTE: If offer is accepted, the AZ Purchase Agreement and the FM purchase addendum will need to be revised to final negotiated terms and conditions.***
> On July 31, 2012, Fannie Mae introduced the option to Pre-Accept an offer in the Online Offers system. This option allows you, the Selling Agent, the opportunity to update your offer with the final negotiated offer terms and documents (if available) before you receive an acceptance.
> When the Listing Agent has Pre-Accepted your offer, you will receive an email notification asking you to log in to the HomePath Online Offers system and update your offer with the final negotiated terms.
*PLEASE SEND ACCEPTED OFFER AS A COMPLETE PACKAGE WITH THE REVISED DOCUMENTS IN THE FOLLOWING ORDER.*
>Fannie Mae Real Estate Purchase Addendum
>Fannie Mae Supplement to the Real Estate Purchase Addendum (if applicable. i.e. NSP deals). Please ensure you incorporated any addendums such as the NSP addendum to the agreement on par 38 of the purchase addendum.
> AZ Real Estate Purchase Agreement (please ensure Pursuant to par. 28 language is included)
> Fannie Mae First Look Owner Occupant Certification & Listing Agent Notification 2 pages (if applicable-Required on all Owner Occupied- transactions)
> Fannie Mae Lead-Based Paint Addendum (if applicable)
> Fannie Mae Environmental Disclosure (if applicable)
> Buyer(s) Pre-Approval Letter (waived if cash)
> Buyer(s) Copy of EMD check with Account and Routing blacked/deleted out
> Buyer(s) Proof of funds with Account and Routing blacked/deleted out
***10 DAY INSPECTION PERIOD STARTS FROM THE ACKNOWLEDGMENT DATE POSTED ON THE AMN SYSTEM. ***
Feel free to call or email for any additional info.