Hello guys, this is Ronnie Velasquez with Berkshire Hathaway HomeServices California Properties. Today, I'm going to teach you how to use SIP forms to prepare a bio representation package and offer. I'm going to teach you the easiest way to do it, and we're going to do it in five minutes or less. So, let's get started. First, I'm going to open my SAF forms, which I already have open. Next, I'm going to click on the button that says "Forms Advice" because this is the easiest way to start a package in SAF forms. After that, I'm going to go into "Purchase" and then select "Offer" because we're going to present an offer package for a buyer. I'll click on "Offer," and then it will prompt me with a lot of questions. Now, I don't have time to answer all the questions in this training, so you'll need to go through and answer the questions accordingly. In this case, we're representing the buyer exclusively, so I'll click on that and accept the rest of the items one by one. Once I reach the end, I will accept all of the forms and give it a name. For example, I will call it "12/28/15 Buyer Template." Clicking "OK" will save it. After that, I can go to the "Recommended Forms" section, where the system will suggest all the forms based on the transaction and the answers I provided. These should be most of the forms you need, and any extras can be dealt with later. Now, I'm going to create a new transaction. I'll name it "Record on Test"; this is just for the purpose of our test. The transaction has been created. Next, I will refresh the page to make sure it shows up. Once refreshed, I will click on "Transactions" again, and I can see...
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Wb-24 option to purchase Form: What You Should Know
No later than October 31 of the Year of the Contract it is the Buyer's responsibility to acquire the Property, and to deliver it in the same condition as it is found to exist at the time the purchase of the property is made. A copy of the option agreement is to be delivered as part of a “Purchase Certificate”, when the purchase price has been settled (or, if the contract is by written agreement, the Buyer has confirmed the purchase price), to the Owner of the Property. Any later sale of the Property prior to this Agreement becoming final, is deemed by the Seller to be abandonment, and void and unenforceable. If the Buyer cancels this contract after having received such a Certificate, the same property would be considered a casualty under section 4.07 of the Condominium Act. However, upon notice to the Buyer, the Owner shall be given (1) an opportunity to redeem in cash the Purchase Condominium Deed to be executed upon the Cancellation Date by the Buyer, or (2) an opportunity to redeem in cash the Purchase Condominium Deed to be executed upon the Cancellation Date at the same time as the Seller. The Owner may at any time withdraw this agreement and contract from the Buyer. However, if the Owner does, so before the Buyer receives notice to redeem that Contract, the Seller shall retain a deposit of one year's Rent which shall be refundable when the Buyer exercises the option to purchase. If the Buyer exercises this option, the deposit shall be refunded. The Buyer may only exercise the Option if the Owner gives written notice to the Buyer prior to any date on which the contract is to become final (i.e., on the Cancellation Date). Seller's Notice to Purchase The Seller shall notify the Buyer within ten (10) days of the contract being final to the Buyer, that the Buyer has the right and the obligation to purchase the Property and that any subsequent sale of the Property would be considered abandoning or void and unenforceable. The Seller may issue a new Notice to the Buyer, cancelling the purchase of the Property.
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Video instructions and help with filling out and completing Wb-24 option to purchase
