2. All offers must include the "FAR-BAR" Contract, the seller's addendum, a pre-qualification or approval letter and lead based paint addendum (if the house was built prior to 1978), Contact us prior to writing your offer to verify availability of the property and to fax you the proper forms.

3. Read the Seller's addendum carefully. The addendum has been written to conform to the laws of all 50 states. Do not take for granted that customs and practices that we accept as normal in the Tampa Bay area are being addressed in the addendum in the same manner.

4. The addendum must be completed even if the Buyer plans on paying cash or obtaining financing elsewhere. Cash buyers must submit proof of funds to close. This can be in the form of letter from Buyer's banker stating that buyer has "sufficient funds to purchase an $xx,xxx home. " On all cash sales the minimum deposit is $2500.00 and following all inspection periods, the deposit is non-refundable.

5. It is not unusual for there to be multiple offers on a property. In such instances, the Seller may counter one (the best) offerer regardless of whether it was the first offer received, or the Seller may counter all offerers simultaneously with a counter offer of "present your highest and best offer" by a certain deadline. The "highest and best" counter is to guarantee all offerers an equal opportunity to purchase the property. When told of a multiple offer situation, it behooves the Buyer to submit their very best offer. Do not submit an offer expecting a counter offer and then you will counter offer to a better offer. Too often we have heard buyer's say "I would have made a better offer if they would have only countered me." In a multiple offer situation you may not get that opportunity.

6. The Seller, has never occupied the property and knows of no defects which should or would be required to be disclosed under Florida statute. If any inspections have been completed by or in behalf of the Bank we will share copies of those inspections upon presentation of an offer. 7. On some properties Seller will offer financing. Those properties with special Bank foreclosure financing will be designated in the MLS.

8. All sales are AS IS, all sales are final. If Buyer wants Seller to complete repairs as part of a contract, those repairs and dollar costs for those repairs must be enumerated in the contract or Seller's addendum. Home Inspections are encouraged and are for Buyer informational purposes only.

9. Closing dates are expected to be strictly adhered to. Failure to make loan application and close timely and promptly can cause the Seller to either cancel the contract or assess a charge of $100.00 per day for each day the contract is extended. Please note this provision in the addendum.

10. Pricing is determined by market analysis by the listing agents and /or a current appraisal. Both of these valuations are the confidential and privileged property of the Seller. Pricing is not based upon the outstanding judgment (amount of the past mortgage) amount. Many times a Buyer or their agent will inquire as to the amount of the foreclosed mortgage, more often than not we do not know, Once the mortgage is foreclosed it ceases to exist. Therefore, there is no possibility of assuming the old balance.

11. There is no occupancy before closing. Nor can the Buyer store their personal property in the property before closing.

12. The Seller is an out of state corporation that keeps normal business hours. The listing agents endeavor to be available to Buyer's and their agents whenever reasonably possible. Offers submitted in the evening can not be presented till the next business day. Similarly, offers submitted on weekends or Holidays can not be presented till the next business day.