MORTGAGE NOTE FINANCING FOR HOME SALES
MORTGAGE NOTE FINANCING FOR HOME SALES
SALES AGENT CLICK HERE TO SUBMIT HOME SALES FORM
WEST HOUSTON, TX
NORTH WEST HOUSTON, Harris County, TX Residential Neighborhoods
>JERSEY VILLAGE Neighborhood TX, 77040
>BEAR CREEK Neighborhood TX, 77084
WEST HOUSTON, Harris County, TX Residential Neighborhoods
>ALIEF Neighborhood TX, 77082, 77083
SOUTH WEST HOUSTON, Harris County, TX Residential Neighborhoods
>MYERLAND Neighborhood TX, 77096
>FONDREN Neighborhood TX 77071 ____________________________________________________________________________________________________________________________
EAST HOUSTON, TX
NORTH EAST HOUSTON, Harris County, TX Residential Neighborhoods
>ALDINE Neighborhood TX, 77039
EAST HOUSTON, Harris County, TX Residential Neighborhoods
>LITTLE YORK Neighborhood TX, 77078
SOUTH EAST HOUSTON, Harris County, TX Residential Neighborhoods
>GULFGATE Neighborhood TX 77087
RVE INV HOME SELLER SCREENING PROCESS
1. Seller Identification
- Government-issued ID (driver's license, passport)
- Cross-checked name with public records.
2. Property Title Ownership Verification
- Property Deed copy requested
- Harris County records Ownership Confirmation.
3. Motivations and Circumstances Reasons For Selling
- Reason for selling home must be given (Legitimate reasons include relocation, downsizing, financial reasons.)
4. Financial Standing of Mortgage Information
- Current mortgage status must be given (amount owed, lender details).
- Property status (if it's in foreclosure)
5. Property Condition & Property History
- Property History (Ex. previous owners and lenght of ownership)
- Property Condition (Ex. Inquire about any major repairs or issues)
6. Contact Information Verification
- Must have a valid phone number, email, and physical address.
- Cross-checked contact details online for legitimacy.
7. Availability for Communication for Scheduled Call or Meeting
8. Inspection Willingness to be Allowed
- Confirmation to agree to third-party inspections and appraisals.
9. Legal Considerations for Liens or Legal Issues
- Verification that there are no outstanding liens or legal disputes tied to the property.
10. Added Documentation Requests
- Recent property tax statements.
- Existing Property warranties or inspection reports.
1st) RVE REALTY INV, as the Direct BUYER will need to First agree upon a Price Offer Max 65% of (Current) ARV- NO REPAIRS (Labo & Mat) for Purchase Price (+) (Current) ARV- AFTER REPAIRS (Labo & Mat) must equal Total: Max 75% of ARV HOLD, Max 80-85% of ARV FLIP, Max 85-90% WHOLESA of ARV, Closing Terms & Title Company with the Direct SELLER.
2nd) After an Agreed upon Price Offer, Closing Terms & Title Company
RVE REALTY INV will email the Direct Seller :
Proof of Funds or Preapproval Letter from our financial institution
A Purchase & Sales Agreement, with an Additional Clause stating Earnest Money is a Refundable within the 5-7 Day Option Contractor Bid Scope of Work & Inspector's Inspection period.
The Direct Seller must sign the Purchase & Sales Agreement within 3 Business Days. If Not Signed within 3 Business Days, Purchase & Sales Agreement will be Null & Void.
3rd) Once PURCHASE & SALES AGREEMENT is Signed RVE REALTY INV will send Title Company :
Signed Purchase & Sales Agreement from All parties
Earnest Money that is a Refundable within the 5-7 Day Option Contractor Bid Scope of Work & Inspector's Inspection period.
RVE REALTY INV will be under Contract with Title Company's Escrow Officer "Open title" & the 5-7 Day Option Contractor Bid Scope of Work & Inspector's Inspection period will Begin.
Only if RVE REALTY INV is comfortable with proceeding with the Deal After the 5-7 Day Option Contractor Bid Scope of Work & Inspector's Inspection period, will Title Commitment, & Mortgage payoffs etc.. will be ordered & proceed with Closing.
PROPERTIES LISTED FOR SALE
Residential Investments: Mgmt & Sales RVE Realty Investors
Notary Public - State of Texas
Legal Commission # 132427300
TX Notary Search:
https://texas-sos.appianportalsgov.com/sos-direct
Office: 903-326-9783
Email: rav@rverealty.com