3067mgd1142 Deal Evaluation
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Deal Evaluation
Checklist and Requirements
Email: Fax:
[email protected] 877-755-3397
Deal Evaluation Checklist Seller Property Questionnaire ( Please answer all questions or mark N/A) Comparables 3 Low on one page and 3 High on another page( see sample enclosed) Deal Evaluation Questions (Please answer all questions) Review Instructions Email completed forms to [email protected] Or Fax completed forms to 877-755-3397 Contact information: Name: ___________________________________________________________ Address: __________________________________________________________ City: _________________________________ State: ________ Zip: ___________ Best Phone: ________________________________________________________ Email: ____________________________________________________________
Seller Property Questionairre Property Address: _____________________________________________________________________________ City: ___________________________State: ____________ Zip code: ____________ County: _________________ Bedrooms: ________ Baths: _________ Sq Ft: ___________ Are you still living in the property?
Yes
No
Vacant
Rented Monthly rent? $ __________
If you are living at a different location, what is your new address? Include apt or unit as well as city state and zip: __________________________________________________________________________________________ Are you married?
Yes
No Are you recently married?
Yes
No
Who is on the Mortgage or the Deed? ____________________________________________________________ All persons on Mortgage or Deed must be listed. If necessary print this form again to list each person. Husband Information in this Column
Wife Information in this Column
Owner’s Name(s): _____________________________________ & _____________________________________ Social Security #: _____________________________________ & _____________________________________ DL #:
_____________________________________ & _____________________________________
Cell phone:
_____________________________________ & _____________________________________
Other phone:
_____________________________________ & _____________________________________
Email(s):
_____________________________________ & _____________________________________
Property Tax: $_____________ Tax Dept#____________________ Paid for current year? Foreclosure Auction Date: Is your property in Probate?
No
____________ Reason for Hardship: ________________________________________ Yes
No
Are you in the process of a Loan Modification?
Yes
No
Are you in the process of a Deed in Lieu?
Yes
No
Are you in Bankruptcy?
Yes
Yes
Are you planning on filing Bankruptcy?
No
If yes, which one? Yes
Chapter 7
Chapter 11
Chapter 13
No
Is the property currently listed with a Real Estate Agent?
Yes
No How Long? _____ List Price? ____________
Name of Agent: ____________________________ Name of Company: ___________________________________ Do you have any current buyers interested? How interested are they?
Very
Yes
No
Somewhat
Low
What do you think the property will sell for? ___________________________ Does the property require any repairs? If so, how much do you estimate the repairs to be? $1,000 - $10,000
$10,000 - $20,000
$20,000 - $30,000
$30,000 +
Description of Repairs:_________________________________________________________________________ ------------------------------------------------------------------------------------------------------------------------------------------------------------For Office Use Only: Client Information: Name: ___________________________ Email:_________________________ Best Phone:____________________
Seller Property Questionairre First Mortgage Company name: _______________________________ Phone: ______________________ Account # (required): _______________________ what type of Loan is it?
Conventional
Loan Balance: _______________ Monthly payments: $ ________________ is payment current? If behind, how much? $_____________
Interest Rate: __________%
Fixed
FHA Yes
VA
Other
No
Arm
Age of Loan ______month ______year Second Mortgage Company name: _______________________________ Phone: ______________________ Account # (required): _______________________ what type of Loan is it?
Conventional
Loan Balance: _______________ Monthly payments: $ ________________ is payment current? If behind, how much? $_____________
Interest Rate: __________%
Fixed
FHA Yes
VA
Other
No
Arm
Age of Loan ______month ______year Any Other Liens on the property?
Yes
No
Company Name: __________________________________ Phone #:________________________________ Email: ________________________________ How much owed? $_________________________________ Any Other Liens on the property?
Yes
No
Company Name: __________________________________ Phone #:________________________________ Email: ________________________________ How much owed? $_________________________________ Any HOA or Condo dues?
Yes
No Name of Company _____________________________________
Managing Office Phone #: _______________________ Date of last payment?__________________________ How much are the dues? $_______________
Month
Quarter
Year
Other _____________
Utility Company Information: Telephone Co. ________________________________
Phone # _______________________________
Electric Co.
________________________________
Phone # _______________________________
Water & Sewer Co. ____________________________
Phone # _______________________________
Gas Co.
_______________________________
Phone # _______________________________
Garbage Co.
_______________________________
Phone # _______________________________
Cable Co.
_______________________________
Phone # _______________________________
------------------------------------------------------------------------------------------------------------------------------------------------------------For Office Use Only: Client Information: Name: ___________________________ Email:_________________________ Best Phone:____________________
Page 1 of 3 10-Aug-2009 8:03 pm
Metropolitan Regional Information Systems, Inc CMA Pricing Analysis
Residential Subject
Comparable 1
1301 IBERIA RD E STERLING
1204 LEE RD STERLING, VA 20164
Comparable 2
137 HARRISON RD STERLING
Adj
Comparable 3
500 LINCOLN AVE STERLING
Adj
Adj
LO6188596
LO7112877
List/Rent Price
530000.0
$299,950
0
$220,000
0
$210,000
0
Sold Price
540000.0 SOLD
SOLD ACTIVE
0 0
SOLD CNTG/KO
0 0
SOLD CNTG/KO
0 0
STERLING PARK
STERLING PARK
MLS#:
Status Leg Subdivison
LO6917125
LO7078625
0
STERLING PARK
0
STERLING PARK
0
10/21/2006
0
13-Apr-2009
0
08-Jun-2009
0
0
DOMM
11/8/2006 39
15
Total Assessed
506200.0
$239,900
10019
8,712
Style
Split Foyer
Split Foyer
Type
Detached
Contract Date Settled Date
Lot Size (Sqft) Fin SQFT AG
0 0 0 0
0 105 $336,200 8,276
0
Unfin SQFT AG
1973
Year Built
Brick and Siding
Exterior Constr Total Bedrooms
6
Full Baths
3
Half Baths
0
0 0 0 0
0 0 $243,200 10,019
0
0
0
Split Foyer
Detached
0
Detached
0
Detached
0
1973
0
1973
0
1974
0
Vinyl Siding
0
Brick and Siding
0
Brick and Siding
0
5
0
5
0
6
0
3
0
3
0
3
0
0
0
0
0
0
0
0
Split Foyer
0 0 0 0
SAMPLE
0
# of Garage Spac
0
0
0
# of Carport Spa
0 0
0 0
0 0
# of Assigned Spa
ished, Outside Entrance, Basement TypeRear Entrance, Walkout Level
Full, Fully Finished
0
0 0
Fully Finished
0
0 0
Full, Fully Finished
0
1
0 0
Heat Pump(s)
Baseboard
0
Heat Pump(s)
0
Electric Air Filter
0
Natural Gas
Electric
0
Electric
0
Electric
0
Ceiling Fan(s), Central A/C
Heat Pump(s)
0
Central A/C
0
Central A/C
0
Electric
Electric
0
Electric
0
Electric
0
# of Fireplaces Heat System Heat Fuel Cooling System
Cooling Fuel Syste Exterior Features
0
0
0
Property Cond
Shows Well
0
0
0
Seller Subsidy
18000.0
0
0
0
0 0 0
0 0 0
0 0 0
Total Adj Total Adj. Value
$530000.0
Courtesy of: Michael Holubek Home: (703) 855-5997 Office: (703) 860-4600 Email: [email protected] Cell: (703) 855-5997 Company: National Realty LLC Office: (703) 860-4600 Fax: (703) 860-8512
$299,950
0
0
0
$0
$0
$0
$220,000
$210,000
Copyright (c) 2009 Metropolitan Regional Information Systems, Inc. Information is believed to be accurate, but should not be relied upon without verification. Accuracy of square footage, lot size and other information is not guaranteed.
COMPETITIVE MARKET ANALYSIS DISCLOSURE: This analysis is not an appraisal. It is intended only for the purpose of assisting buyers or sellers or prospective buyers or sellers in deciding the listing, offering or sale price of the real property.
Page 2 of 3 10-Aug-2009 8:03 pm
Metropolitan Regional Information Systems, Inc CMA Pricing Analysis
Residential Subject
Comparable 4
1501 HOLLY AVE STERLING
1204 LEE RD STERLING, VA 20164
Comparable 5
1203 KENNEDY RD E STERLING
Adj
Comparable 6
1302 MAPLE AVE E STERLING
Adj
Adj
LO6188596
LO7111106
List/Rent Price
530000.0
$220,900
0
$279,950
0
$220,000
0
Sold Price
540000.0 SOLD
SOLD KO CNTG/NO
0 0
$280,000 SOLD
0 0
$222,500 SOLD
0 0
STERLING PARK
STERLING PARK
0
STERLING PARK
0
STERLING PARK
0
10/21/2006
31-Jul-2009
0
18-Jun-2009
0
01-Jun-2009
0
0
17-Jul-2009
0
01-Jul-2009
0
0 0 0 0
2
0 0 0 0
16 9,583 2,128
0 0 0 0
0
0
0 0
MLS#:
Status Leg Subdivison Contract Date DOMM
11/8/2006 39
15
Total Assessed
506200.0
$242,200
10019
10,019 1,084
Style
Split Foyer
Split Foyer
Type
Detached
Settled Date
Lot Size (Sqft) Fin SQFT AG
LO7086161
$245,700 10,019
0
Unfin SQFT AG
1973
Year Built
Brick and Siding
Exterior Constr Total Bedrooms
6
Full Baths
3
Half Baths
0
$258,700
0
Colonial
Detached
0
Detached
0
Detached
0
1974
0
1973
0
1973
0
Vinyl Siding
0
Brick and Siding
0
Brick and Siding, Brick Front
0
5
0
5
0
5
0
3
0
3
0
3
0
0
0
0
0
0
0
0
Split Foyer
LO7061822
SAMPLE
# of Garage Spac
0
0
0
# of Carport Spa
0 0
0 0
0 0
# of Assigned Spa
ished, Outside Entrance, Outside Walkout Entrance, LevelPartially Finished, Walkout Level Daylight,0Full, Full, Fully Finished, Heated Basement TypeRear Entrance,
0
0
0
0
0 0
1
0 0
Heat Pump(s)
Heat Pump(s)
0
Baseboard
0
Baseboard
0
Natural Gas
Electric
0
Electric
0
Electric
0
Ceiling Fan(s), Central A/C
Central A/C
0
Central A/C
0
Central A/C
0
Electric
Electric
0
Electric
0
Electric
0
0
Deck, Patio
0
# of Fireplaces Heat System Heat Fuel Cooling System
Cooling Fuel Syste Exterior Features
0
Property Cond
Shows Well
Seller Subsidy
18000.0
As-is condition
0
Renov/Remod, Shows Well
0
0
3,000
0
0 0 0
Total Adj Total Adj. Value
$530000.0
Courtesy of: Michael Holubek Home: (703) 855-5997 Office: (703) 860-4600 Email: [email protected] Cell: (703) 855-5997 Company: National Realty LLC Office: (703) 860-4600 Fax: (703) 860-8512
$220,900
0 5,000
0 0 0
0 0 0 0
0
0
0
$0
$0
$0
$280,000
$222,500
Copyright (c) 2009 Metropolitan Regional Information Systems, Inc. Information is believed to be accurate, but should not be relied upon without verification. Accuracy of square footage, lot size and other information is not guaranteed.
COMPETITIVE MARKET ANALYSIS DISCLOSURE: This analysis is not an appraisal. It is intended only for the purpose of assisting buyers or sellers or prospective buyers or sellers in deciding the listing, offering or sale price of the real property.
Deal Evaluation Questions and Instructions Please complete these questions along with the Seller Property Questionnaire and the comps and email completed forms to [email protected] or fax to 877-755-3397. Please read this form in its entirety: 1.
2. 3.
4. 5.
6. 7.
Obtain comps from a Realtor on the property (the comps should include the subject property side by side with recently sold properties; please do not send individual MLS as part of the comps. These are very time consuming to review). Have Realtor include a 60 day Market Price (what the Realtor thinks the property will sell for quickly in 60 days). Comps have to come by PDF. Sofia does not like using the links sent by Realtors because the links do not always open. Your comps should be as follows: 3 low; include subject property to compare against the 3 comparables 3 high; include subject property to compare against the 3 comparables 60 ay Market sales price (what the property will sell for in 60 days) The low and the high cannot be on the same comps. A qualified Realtor will know how to prepare that. If you do not know how to convert a Realtor review the Expert Call March 2009 for conversion. Are you confident about the 60 day sale price? _____________________________________________________________________________ Is there a sale date (auction)? Extremely important that we know this. If there is and it’s within the next 3 weeks, please review the Expert Call July 2009 in Short Sale Protégé on how to do this. You will have to stop the sale. _________________________________________________________________ Tell us how desirable the area is - is it a hot area easy for re-sale. _____________________________________________________________________________ Is the Seller clear on the transaction; will the Seller have any problem recording a Deed? (A Deed will not be prepared or requested from the Seller until the bank has sent us a Short Sale Approval letter). _____________________________________________________________________________ Is the property value decreasing at this time? ___________________________________________ Is the property currently listed? ____________ if yes, send us a scanned copy of the Listing Agreement and MLS for review.
Once questions are answered, I will be able to fully evaluate the property. After we evaluate property you will be sent an email with a link to gain access to Software. Please follow the instructions on the email to be able to view property file. This email may go to spam make sure you check there also. If you cannot seem see your file let us know so we can correct this right away. (This will be done after the file has been accepted you will be able to see it in Software and we will email you that it has been accepted). When replying include the property in question in the subject line as follows: abbreviated address, abbreviated State, Homeowner last name, your last name is parenthesis Ex: 123 Coin Height FL Homeowner’s last name here (Your Last Name here) This is so helpful for us to keep track of the many properties we are working with on a daily basis. Only include questions for the property in the subject line, if you have another property please send an email with that property address in the subject line. We store all data on computer server by property. You will receive an acceptance email and PDF documents emailed to you. Please read the instructions carefully in the email on how to prepare the package for submission. It is your responsibility to communicate with the homeowner an agent during this process; we will not communicate with via email or phone. Remember to collect updated documents (bank statements and paystubs) each month and automatically send those into us. Please be advised that if we do not get a response to questions above within fifteen (15) days of this email this file will be closed and not accepted. We will no longer be using the ticket system to respond to deal questions. Use [email protected] for questions and remember to review the notes section in Deal Profit Pro after the file has been accepted. We thank you for your Cooperation.
Checklist and Requirements
Email: Fax:
[email protected] 877-755-3397
Deal Evaluation Checklist Seller Property Questionnaire ( Please answer all questions or mark N/A) Comparables 3 Low on one page and 3 High on another page( see sample enclosed) Deal Evaluation Questions (Please answer all questions) Review Instructions Email completed forms to [email protected] Or Fax completed forms to 877-755-3397 Contact information: Name: ___________________________________________________________ Address: __________________________________________________________ City: _________________________________ State: ________ Zip: ___________ Best Phone: ________________________________________________________ Email: ____________________________________________________________
Seller Property Questionairre Property Address: _____________________________________________________________________________ City: ___________________________State: ____________ Zip code: ____________ County: _________________ Bedrooms: ________ Baths: _________ Sq Ft: ___________ Are you still living in the property?
Yes
No
Vacant
Rented Monthly rent? $ __________
If you are living at a different location, what is your new address? Include apt or unit as well as city state and zip: __________________________________________________________________________________________ Are you married?
Yes
No Are you recently married?
Yes
No
Who is on the Mortgage or the Deed? ____________________________________________________________ All persons on Mortgage or Deed must be listed. If necessary print this form again to list each person. Husband Information in this Column
Wife Information in this Column
Owner’s Name(s): _____________________________________ & _____________________________________ Social Security #: _____________________________________ & _____________________________________ DL #:
_____________________________________ & _____________________________________
Cell phone:
_____________________________________ & _____________________________________
Other phone:
_____________________________________ & _____________________________________
Email(s):
_____________________________________ & _____________________________________
Property Tax: $_____________ Tax Dept#____________________ Paid for current year? Foreclosure Auction Date: Is your property in Probate?
No
____________ Reason for Hardship: ________________________________________ Yes
No
Are you in the process of a Loan Modification?
Yes
No
Are you in the process of a Deed in Lieu?
Yes
No
Are you in Bankruptcy?
Yes
Yes
Are you planning on filing Bankruptcy?
No
If yes, which one? Yes
Chapter 7
Chapter 11
Chapter 13
No
Is the property currently listed with a Real Estate Agent?
Yes
No How Long? _____ List Price? ____________
Name of Agent: ____________________________ Name of Company: ___________________________________ Do you have any current buyers interested? How interested are they?
Very
Yes
No
Somewhat
Low
What do you think the property will sell for? ___________________________ Does the property require any repairs? If so, how much do you estimate the repairs to be? $1,000 - $10,000
$10,000 - $20,000
$20,000 - $30,000
$30,000 +
Description of Repairs:_________________________________________________________________________ ------------------------------------------------------------------------------------------------------------------------------------------------------------For Office Use Only: Client Information: Name: ___________________________ Email:_________________________ Best Phone:____________________
Seller Property Questionairre First Mortgage Company name: _______________________________ Phone: ______________________ Account # (required): _______________________ what type of Loan is it?
Conventional
Loan Balance: _______________ Monthly payments: $ ________________ is payment current? If behind, how much? $_____________
Interest Rate: __________%
Fixed
FHA Yes
VA
Other
No
Arm
Age of Loan ______month ______year Second Mortgage Company name: _______________________________ Phone: ______________________ Account # (required): _______________________ what type of Loan is it?
Conventional
Loan Balance: _______________ Monthly payments: $ ________________ is payment current? If behind, how much? $_____________
Interest Rate: __________%
Fixed
FHA Yes
VA
Other
No
Arm
Age of Loan ______month ______year Any Other Liens on the property?
Yes
No
Company Name: __________________________________ Phone #:________________________________ Email: ________________________________ How much owed? $_________________________________ Any Other Liens on the property?
Yes
No
Company Name: __________________________________ Phone #:________________________________ Email: ________________________________ How much owed? $_________________________________ Any HOA or Condo dues?
Yes
No Name of Company _____________________________________
Managing Office Phone #: _______________________ Date of last payment?__________________________ How much are the dues? $_______________
Month
Quarter
Year
Other _____________
Utility Company Information: Telephone Co. ________________________________
Phone # _______________________________
Electric Co.
________________________________
Phone # _______________________________
Water & Sewer Co. ____________________________
Phone # _______________________________
Gas Co.
_______________________________
Phone # _______________________________
Garbage Co.
_______________________________
Phone # _______________________________
Cable Co.
_______________________________
Phone # _______________________________
------------------------------------------------------------------------------------------------------------------------------------------------------------For Office Use Only: Client Information: Name: ___________________________ Email:_________________________ Best Phone:____________________
Page 1 of 3 10-Aug-2009 8:03 pm
Metropolitan Regional Information Systems, Inc CMA Pricing Analysis
Residential Subject
Comparable 1
1301 IBERIA RD E STERLING
1204 LEE RD STERLING, VA 20164
Comparable 2
137 HARRISON RD STERLING
Adj
Comparable 3
500 LINCOLN AVE STERLING
Adj
Adj
LO6188596
LO7112877
List/Rent Price
530000.0
$299,950
0
$220,000
0
$210,000
0
Sold Price
540000.0 SOLD
SOLD ACTIVE
0 0
SOLD CNTG/KO
0 0
SOLD CNTG/KO
0 0
STERLING PARK
STERLING PARK
MLS#:
Status Leg Subdivison
LO6917125
LO7078625
0
STERLING PARK
0
STERLING PARK
0
10/21/2006
0
13-Apr-2009
0
08-Jun-2009
0
0
DOMM
11/8/2006 39
15
Total Assessed
506200.0
$239,900
10019
8,712
Style
Split Foyer
Split Foyer
Type
Detached
Contract Date Settled Date
Lot Size (Sqft) Fin SQFT AG
0 0 0 0
0 105 $336,200 8,276
0
Unfin SQFT AG
1973
Year Built
Brick and Siding
Exterior Constr Total Bedrooms
6
Full Baths
3
Half Baths
0
0 0 0 0
0 0 $243,200 10,019
0
0
0
Split Foyer
Detached
0
Detached
0
Detached
0
1973
0
1973
0
1974
0
Vinyl Siding
0
Brick and Siding
0
Brick and Siding
0
5
0
5
0
6
0
3
0
3
0
3
0
0
0
0
0
0
0
0
Split Foyer
0 0 0 0
SAMPLE
0
# of Garage Spac
0
0
0
# of Carport Spa
0 0
0 0
0 0
# of Assigned Spa
ished, Outside Entrance, Basement TypeRear Entrance, Walkout Level
Full, Fully Finished
0
0 0
Fully Finished
0
0 0
Full, Fully Finished
0
1
0 0
Heat Pump(s)
Baseboard
0
Heat Pump(s)
0
Electric Air Filter
0
Natural Gas
Electric
0
Electric
0
Electric
0
Ceiling Fan(s), Central A/C
Heat Pump(s)
0
Central A/C
0
Central A/C
0
Electric
Electric
0
Electric
0
Electric
0
# of Fireplaces Heat System Heat Fuel Cooling System
Cooling Fuel Syste Exterior Features
0
0
0
Property Cond
Shows Well
0
0
0
Seller Subsidy
18000.0
0
0
0
0 0 0
0 0 0
0 0 0
Total Adj Total Adj. Value
$530000.0
Courtesy of: Michael Holubek Home: (703) 855-5997 Office: (703) 860-4600 Email: [email protected] Cell: (703) 855-5997 Company: National Realty LLC Office: (703) 860-4600 Fax: (703) 860-8512
$299,950
0
0
0
$0
$0
$0
$220,000
$210,000
Copyright (c) 2009 Metropolitan Regional Information Systems, Inc. Information is believed to be accurate, but should not be relied upon without verification. Accuracy of square footage, lot size and other information is not guaranteed.
COMPETITIVE MARKET ANALYSIS DISCLOSURE: This analysis is not an appraisal. It is intended only for the purpose of assisting buyers or sellers or prospective buyers or sellers in deciding the listing, offering or sale price of the real property.
Page 2 of 3 10-Aug-2009 8:03 pm
Metropolitan Regional Information Systems, Inc CMA Pricing Analysis
Residential Subject
Comparable 4
1501 HOLLY AVE STERLING
1204 LEE RD STERLING, VA 20164
Comparable 5
1203 KENNEDY RD E STERLING
Adj
Comparable 6
1302 MAPLE AVE E STERLING
Adj
Adj
LO6188596
LO7111106
List/Rent Price
530000.0
$220,900
0
$279,950
0
$220,000
0
Sold Price
540000.0 SOLD
SOLD KO CNTG/NO
0 0
$280,000 SOLD
0 0
$222,500 SOLD
0 0
STERLING PARK
STERLING PARK
0
STERLING PARK
0
STERLING PARK
0
10/21/2006
31-Jul-2009
0
18-Jun-2009
0
01-Jun-2009
0
0
17-Jul-2009
0
01-Jul-2009
0
0 0 0 0
2
0 0 0 0
16 9,583 2,128
0 0 0 0
0
0
0 0
MLS#:
Status Leg Subdivison Contract Date DOMM
11/8/2006 39
15
Total Assessed
506200.0
$242,200
10019
10,019 1,084
Style
Split Foyer
Split Foyer
Type
Detached
Settled Date
Lot Size (Sqft) Fin SQFT AG
LO7086161
$245,700 10,019
0
Unfin SQFT AG
1973
Year Built
Brick and Siding
Exterior Constr Total Bedrooms
6
Full Baths
3
Half Baths
0
$258,700
0
Colonial
Detached
0
Detached
0
Detached
0
1974
0
1973
0
1973
0
Vinyl Siding
0
Brick and Siding
0
Brick and Siding, Brick Front
0
5
0
5
0
5
0
3
0
3
0
3
0
0
0
0
0
0
0
0
Split Foyer
LO7061822
SAMPLE
# of Garage Spac
0
0
0
# of Carport Spa
0 0
0 0
0 0
# of Assigned Spa
ished, Outside Entrance, Outside Walkout Entrance, LevelPartially Finished, Walkout Level Daylight,0Full, Full, Fully Finished, Heated Basement TypeRear Entrance,
0
0
0
0
0 0
1
0 0
Heat Pump(s)
Heat Pump(s)
0
Baseboard
0
Baseboard
0
Natural Gas
Electric
0
Electric
0
Electric
0
Ceiling Fan(s), Central A/C
Central A/C
0
Central A/C
0
Central A/C
0
Electric
Electric
0
Electric
0
Electric
0
0
Deck, Patio
0
# of Fireplaces Heat System Heat Fuel Cooling System
Cooling Fuel Syste Exterior Features
0
Property Cond
Shows Well
Seller Subsidy
18000.0
As-is condition
0
Renov/Remod, Shows Well
0
0
3,000
0
0 0 0
Total Adj Total Adj. Value
$530000.0
Courtesy of: Michael Holubek Home: (703) 855-5997 Office: (703) 860-4600 Email: [email protected] Cell: (703) 855-5997 Company: National Realty LLC Office: (703) 860-4600 Fax: (703) 860-8512
$220,900
0 5,000
0 0 0
0 0 0 0
0
0
0
$0
$0
$0
$280,000
$222,500
Copyright (c) 2009 Metropolitan Regional Information Systems, Inc. Information is believed to be accurate, but should not be relied upon without verification. Accuracy of square footage, lot size and other information is not guaranteed.
COMPETITIVE MARKET ANALYSIS DISCLOSURE: This analysis is not an appraisal. It is intended only for the purpose of assisting buyers or sellers or prospective buyers or sellers in deciding the listing, offering or sale price of the real property.
Deal Evaluation Questions and Instructions Please complete these questions along with the Seller Property Questionnaire and the comps and email completed forms to [email protected] or fax to 877-755-3397. Please read this form in its entirety: 1.
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6. 7.
Obtain comps from a Realtor on the property (the comps should include the subject property side by side with recently sold properties; please do not send individual MLS as part of the comps. These are very time consuming to review). Have Realtor include a 60 day Market Price (what the Realtor thinks the property will sell for quickly in 60 days). Comps have to come by PDF. Sofia does not like using the links sent by Realtors because the links do not always open. Your comps should be as follows: 3 low; include subject property to compare against the 3 comparables 3 high; include subject property to compare against the 3 comparables 60 ay Market sales price (what the property will sell for in 60 days) The low and the high cannot be on the same comps. A qualified Realtor will know how to prepare that. If you do not know how to convert a Realtor review the Expert Call March 2009 for conversion. Are you confident about the 60 day sale price? _____________________________________________________________________________ Is there a sale date (auction)? Extremely important that we know this. If there is and it’s within the next 3 weeks, please review the Expert Call July 2009 in Short Sale Protégé on how to do this. You will have to stop the sale. _________________________________________________________________ Tell us how desirable the area is - is it a hot area easy for re-sale. _____________________________________________________________________________ Is the Seller clear on the transaction; will the Seller have any problem recording a Deed? (A Deed will not be prepared or requested from the Seller until the bank has sent us a Short Sale Approval letter). _____________________________________________________________________________ Is the property value decreasing at this time? ___________________________________________ Is the property currently listed? ____________ if yes, send us a scanned copy of the Listing Agreement and MLS for review.
Once questions are answered, I will be able to fully evaluate the property. After we evaluate property you will be sent an email with a link to gain access to Software. Please follow the instructions on the email to be able to view property file. This email may go to spam make sure you check there also. If you cannot seem see your file let us know so we can correct this right away. (This will be done after the file has been accepted you will be able to see it in Software and we will email you that it has been accepted). When replying include the property in question in the subject line as follows: abbreviated address, abbreviated State, Homeowner last name, your last name is parenthesis Ex: 123 Coin Height FL Homeowner’s last name here (Your Last Name here) This is so helpful for us to keep track of the many properties we are working with on a daily basis. Only include questions for the property in the subject line, if you have another property please send an email with that property address in the subject line. We store all data on computer server by property. You will receive an acceptance email and PDF documents emailed to you. Please read the instructions carefully in the email on how to prepare the package for submission. It is your responsibility to communicate with the homeowner an agent during this process; we will not communicate with via email or phone. Remember to collect updated documents (bank statements and paystubs) each month and automatically send those into us. Please be advised that if we do not get a response to questions above within fifteen (15) days of this email this file will be closed and not accepted. We will no longer be using the ticket system to respond to deal questions. Use [email protected] for questions and remember to review the notes section in Deal Profit Pro after the file has been accepted. We thank you for your Cooperation.
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