| Professionals Connection Team |
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Standard Trust/Sales Agent
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- Buyer completes submission package including CAR form provided template and all other required documents.
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- Buyer submits offer on a standard CAR or and other forms according to each individual agent.
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- Listing Agent confirms Buyer financial qualifications to ensure no option for cancellation due to removal of all contingencies.
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- Listing Agent confirms Buyer financial qualifications but buyer retains option to cancel if property doesn't appraise at sales price.
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- Buyer's deposit payable to Trust/Estate held outside Escrow and refundable only if unable to deliver clear Title.
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- Buyer's deposit submitted and held by Escrow throughout the transaction and only released to Seller upon closing of the Escrow. Buyer retains leverage.
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- All contingencies removed prior to submission.n.
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- All contingencies remain in effect until Buyer removes.
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- Buyer completes discovery prior to submission and enters transaction with EYES WIDE OPEN.
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- Upon acceptance of offer, Buyer has only committed to 'discovery' and may not be 100% committed to the property..
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- Seller retains Buyer's Deposit if transaction doesn't close.
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- Buyer may cancel Escrow and have the deposit refunded.
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