6235 S. Main Street, Suite 250, Aurora, CO 80016 Phone: 720.258.8062 ● Fax: 720.258.8172 Blaketeam@blaketeamdenver.com ● www.LisaBlake.com

FANNIE MAE ADDITIONAL INSTUCTIONS Buyer acknowledges having received and reviewed a copy of the blank Fannie Mae Real Estate Purchase Addendums prior to submitting an offer on the property. The completed addendums will be provided once an offer is accepted by Fannie Mae.

Buyer’s Signature:__________________________________________ Date:_____________

BUYER’S INTIALS:

_____ 1) Include the following verbiage in the Additional Provisions of the Real Estate Contract: “Pursuant to paragraph 28 of the Real Estate Purchase Addendum this document is subject to all terms and conditions set forth in the Real Estate Purchase Addendum.”

_____ 2) Fannie Mae properties are reserved for owner occupant purchasers for the first 15 days that a property is listed in the MLS. All properties must still be listed for a minimum of 3 days before response is given to the owner occupant purchaser. If buyer is an Owner Occupant, please submit the OWNER OCCUPANCY CERTIFICATE with offer. Regular investor offers will only be considered after 15 days of MLS exposure. Any investor transaction will require a 3 month deed restriction that will be defined within the Purchase Addendum. Calculation for the Deed Restriction is 120% of the purchase price.

_____ 3) All cash deals require 10% Earnest Money (NON NEGOTIABLE).

_____4) Inspection period is 10 calendar days from Verbal Acknowledgment, Loan contingency date should be 7 calendar days prior to close date.

_____5) Fannie Mae is the Seller.

_____6) Fannie Mae will cover half of the closing services fee and does not provide extended title coverage as part of “customary closing costs.”

_____7) Buyer is responsible for a rekey fee of $120 at time of closing to be added to the HUD. CONTRACT EXPECTATIONS: 1) Scanned copies must be legible. 2) Please submit all offers online at LisaBlake.com, all documents must be in pdf format. 3) Please be sure to include the following with your offer:

1) State contract. 2) Offer Instructions (2 pages attached to MLS listing in Disclosures.) 3) Additional Offer Instructions for Fannie Mae Properties (this page). 4) Owner Occupancy Certificate (if buyer will occupy the property).

4) Once the offer is accepted and the completed Real Estate Purchase Addendums are generated the following terms must match on the state contract (ie. Purchase Price, Earnest Money, Closing Date & Loan Condition Deadline). The contract must be returned to our office within 24 hours and may NOT be electronically signed.

Selling Agent’s Phone# & E-mail:___________________________ ______________________________

Lender’s Name & Company:_______________________________ ______________________________ Lender’s E-mail & Phone #:________________________________ ______________________________

Owner

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Owner

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TBD