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What We Do During The Offer And Contract

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Receive And Review All Offer To Purchase Contracts Submitted By Buyers Or Buyers' Agents.
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Contact Buyers' Agents To Review Buyer's Qualifications And Discuss Offer
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Obtain Pre-Qualification Letter On Buyer From Loan Officer
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Send Copies Of Contract And All Addendums To Closing Attorney Or Title Company
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Disseminate "Under-Contract Showing Restrictions" As Seller Requests
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Send Copies Of Offer To Purchase Contract To Lender
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Update Transaction Management System To Show "Sale Pending"
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Assist Buyer With Obtaining Financing If Applicable And Follow-Up As Necessary
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Order Septic System Inspection, If Applicable
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Deliver Well Flow Test Report Copies To Lender & Buyer And Property Listing File
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Evaluate Offer(s) And Prepare A "Net Sheet" On Each For The Owner For Comparison Purposes
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Deliver Seller's Disclosure To Buyer's Agent Or Buyer Upon Request And Prior To Offer If Possible
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Negotiate All Offers On Seller's Behalf, Setting Time Limit For Loan Approval And Closing Date
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When Offer To Purchase Contract Is Accepted And Signed By Seller, Deliver To Buyer's Agent
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Deliver Copies Of Fully Signed Offer To Purchase Contract To Seller
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Provide Copies Of Signed Offer To Purchase Contract For Office File
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Review Buyer's Credit Report Results and Advise Seller Of Worst And Best Case Scenarios
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Coordinate With Lender On Discount Points Being Locked In With Dates
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Receive And Review Septic System Report And Assess Any Possible Impact On Sale
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Verify Termite Inspection Ordered
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Counsel Seller On Offers. Explain Merits And Weakness Of Each Component Of Each Offer
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Confirm Buyer Is Pre-Qualified By Calling Loan Officer
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Prepare And Convey Any Counteroffers, Acceptance, Or Amendments To Buyer's Agent
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Record And Promptly Deposit Buyer's Earnest Money In Escrow Account
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Deliver Copies Of Offer To Purchase Contract To Selling Agent
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Advise Seller In Handling Additional Offers To Purchase Submitted Between Contract And Closing
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Provide Credit Report Information To Seller If Property Will Be Seller-Financed
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Deliver Unrecorded Property Information To Buyer
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Deliver Copy Of Septic System Inspection Report Lender & Buyer
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Verify Mold Inspection Ordered, If Required

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CONTACT ROYALUX

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Email: info@royaluxrealty.com

Phone: 718-666-6066


Our Locations:

Main Office: 133-45 Roosevelt Ave. #2R, Flushing NY 11354

Training Office: 131-44 40th Rd. FL2, Flushing NY 11354

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Corporate Responsibility, Privacy & Legal Notices: Royalux Realty LLC is a licensed real estate broker, licensed to do business in New York and abides by equal housing opportunity laws. License #10491212612. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Royalux Realty LLC disclaims any liability in connection therewith. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, financial, or other professional advice outside the realm of real estate brokerage. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description. Equal Housing Opportunity. Royalux Realty LLC. 718-666-6066.

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Copyright © 2023 Royalux Realty Real Estate Group, LLC All rights reserved.

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