Before calling our office on 4820 S Van Ness Avenue, we have created this page to assist in answering all of your questions pertaining to this listing.

Please do not contact our office until reading through the information below.

Most of your questions will be answered.

This is a STANDARD SALE.

NO SHOWINGS UNTIL OPEN HOUSE:

WEDNESDAY – MAY 22ND – 5:00PM-7:00PM

PROPERTY FREQUENTLY ASKED QUESTIONS

Q. Is the property available? Do you have offers?

A. If the property is “Active” we do not have an accepted offer from the Seller. If it is in “Looking for Back up” we have an accepted offer, but we always welcome back up offers. It is not uncommon for a Back Up offer to be the one that ends up closing. If the property is in “Pending”, the contingencies have been removed,
and we should be closing soon.

Q. What are the Showing Instructions

A: Open House – Wednesday, May 22nd from 5:00pm-7:00pm 

Q: Will you be sending counter offers?

A. This will be handled on a case by case basis when we review the offers with our
seller. We recommend that buyers submit their highest and best offer up front, and also follow the offer checklist. If multiple offers are received and reviewed with the seller, the best offer be selected without a counter. Please inform your clients.

Q. Does my buyer need to qualify with your lender?

A. Yes. Unless it is an ALL CASH buyer we do require that your buyer goes through the qualification process with Mark Latini of Divita Home Finance.

You can reach Mark Latini at 949-279-5595 or Mark@divitahome.com

Q. Is the property eligible for FHA or VA financing?

A. Check with your Buyer’s Lender

If you have any further questions, you can email them to Info@ToniPatillo.com. PLEASE NO PHONE CALLS. We will respond to your questions via Phone Call or Email within 24 hours. 

The instructions below include all of the information for writing the offer and where to submit it. Once an offer has been submitted, you will receive an email confirmation within 24 hours.

INSTRUCTIONS FOR WRITING AN OFFER

PLEASE CLICK THIS BOX FOR THE OFFER CHECKLIST AND ADDENDUM

**The seller does require that your buyer deposits 3% of the purchase price into
escrow within 3 Days of Offer Acceptance**

All Offers Must Be Accompanied By:

• Approval Letter from Lender (if financing)

• Proof of Funds sufficient for down payment and closing costs (if financing), or full purchase price and closing costs (if CASH)

This Information Must Be Completed on the Residential Purchase Agreement:

1. In section 11A, please check the Addendum Box and Write #1

2. Page 8 – Please be sure to include your license #, office license #, and SIGN THE OFFER

3. Page 8 – Please fill in the listing agent information as follows:

• Listing Firm – Keller Williams Realty Santa Monica

• Firm License – 01499010

• Agent-Toni Patillo

• Agent License – 01313287

• Address: 2701 Ocean Park Blvd. #140 Santa Monica, CA 90405

• Phone: 310-482-2035

• Fax: 424-744-4148

• Email: Info@ToniPatillo.com

** The transaction is an “AS-IS” purchase

Once you have read this information and prepared an offer, please click the link below to submit your offer via email to Offers@ToniPatillo.com

 BEFORE CALLING OUR OFFICE ON 2672 Sasha Court  WE HAVE CREATED THIS PAGE TO ASSIST IN ANSWERING ALL OF YOUR QUESTIONS PERTAINING TO THIS LISTING.

Please do not contact our office until reading through the information below.

Most of your questions will be answered.

This is a SHORT SALE.

NO DOCUSIGN – THIS LENDER ONLY ALLOWS REAL SIGNATURES

*PLEASE BE ADVISED THERE MAY BE A CASH CONTRIBUTION REQUIREMENT OF APPROXIMATELY $15,000 TOWARDS THE 2ND LIEN HOLDER – IN ADDITION TO THE PURCHASE PRICE*

 The Cash Contribution WILL NOT be part of the C.A.R. Residential Purchase Agreement. This will be an Amendment drafted by Escrow and shown on the Final HUD. Please include your Buyer’s Awareness of this possible Cash Contribution in your email when submitting your Offer.                                  

  ONLY 1 SHOWING – Friday , May 10th from 11am-1pm – Please make sure your client is present ! 

NO MORE SHOWINGS           

SELLER HAS SELECTED AN OFFER – PENDING SHORT SALE APPROVAL      

PROPERTY FREQUENTLY ASKED QUESTIONS

Q. Is this property a short sale?

A. Yes.

1st Lien Holder: SPS

2nd Lien Holder: Chase

Previously Approved – Yes or No? NO

Estimated time for short sale approval: 30-60 Days

Q. Is the property available? Do you have offers?

A. If the property is “Active” we do not have an accepted offer from the Seller. If
it is in “Back up” we have an accepted offer, but we always welcome back up
offers. It is not uncommon for a Back Up offer to be the one that ends up
closing. If the property is in “Pending”, the contingencies have been removed,
and we should be closing soon.

Q. Will you be sending counter offers?

A. This will be handled on a case by case basis when we review the offers with our
seller. We recommend that buyers submit their highest and best offer up front, and also follow the offer checklist.
If multiple offers are received and reviewed with the seller, the best offer be
selected without a counter. Please inform your clients.

Q. Does my buyer need to qualify with your lender?

A. Yes. Unless it is an ALL CASH buyer we do require that your buyer goes through the qualification process with Mark Latini of Divita Home Finance.

You can reach Mark at 949-279-5595 or mark@divitahome.com

 Q. How do you handle your short sales?

A. Once the seller has selected an offer, we will submit only that offer to the bank. The other offers may have the option to go into a back up position, and
the back up rankings will be selected by the seller.

Q. Is the property eligible for FHA or VA financing?

A. Please check with your lender.

Q. What are the Showing Instructions?

A. OPEN HOUSE – Friday, May 10th 11:00am-1:00pm – ONLY

Q. Are there any delinquent property taxes?

A. There may or may not be delinquent property taxes. We will negotiate to have the short sale lender cover the delinquent property taxes. Your buyer will be
responsible for the prorated property taxes just as they would in a traditional sale.

Q. Are there any other fees that my buyer will need to pay?

A. Buyer is responsible for Termite, and upfront documentation fees (I.E. City Reports, HOA Docs (if applicable). – Buyer is not responsible for delinquent taxes.

Q. Do the sellers qualify for a short sale?

A. Although here is no way to guarantee that the sellers will qualify for a short sale, we do our best to only work with clients that we feel have a high chance
of success with the short sale. The lender has already approved the list price, so it is highly likely that this short sale will be approved if an offer is submitted at or above that price.

If you have any further questions, you can email them to info@ToniPatillo.com.

PLEASE DO NOT CALL.

We will either email or call you to answer any additional questions or concerns.

The instructions below include all of the information for writing the offer and where to submit it. Once an offer has been submitted, you will receive an email confirmation within 24 hours.

INSTRUCTIONS FOR WRITING AN OFFER

PLEASE CLICK THIS BOX FOR THE OFFER CHECKLIST AND ADDENDUM

All Offers Must Be Accompanied By:

• Approval Letter from Lender (if financing)

• Proof of Funds sufficient for down payment and closing costs (if financing), 

  or full purchase price and closing costs (if CASH)

  
  

This Information Must Be Completed on the Residential Purchase Agreement:

1. In section 11A, please check the Addendum Box and Write #1

2. In Section 11B, Please check the box Short Sale Addendum (SSA)

3. Page 8 – Please be sure to include your license #, office license #, and SIGN THE OFFER

4. Page 8 – Please fill in the listing agent information as follows:

• Listing Firm – Keller Williams Realty Santa Monica

• Firm License – 01499010

• Agent- Toni Patillo

• Agent License – 01313287

• Address: 2701 Ocean Park Blvd. #140 Santa Monica, CA 90405

• Phone: 310-482-2035

• Fax: 424-744-4148

• Email: info@ToniPatillo.com

** PLEASE READ THE FOLLOWING BEFORE SUBMITTING AN OFFER **

1. The seller does require that your buyer deposits 3% of the purchase price into
escrow within 3 Days of Seller’s Acceptance. Please inform your buyer that this
is not when the bank accepts the short sale. If the seller accepts your buyer’s
offer, we are going to tie up the property and only accept back up offers. In
doing so, we want to ensure that you buyer is committed to the short sale by
placing their 3% deposit in escrow.

2. The C.A.R. form “Short Sale Addendum” (SSA) needs to be incorporated into the
agreement. In section 1A, check the box and write in 60 days.

3. Once the short sale approval is granted, you will be required to close in 30 days or
less depending on the terms issued by the lien holders.

5. If asking for closing costs, the max will be 3% on FHA and VA loans. These will be subject to lien holder approval. If your buyer is doing any other form of
financing, no closing costs credits can be requested.

6. The lenders will not pay for home warranty, so please do not include it in the contract.

7. Unless otherwise noted, the lender will not pay for a termite report or repairs, so please do not include it in the contract. Your client is welcome to have their
own inspection completed.

8. The transaction is an “AS-IS” purchase

9. Be advised that there is a Broker Advantage on Commission. This means that the
maximum commission paid out to the Selling Agent will be 2.5%. In the event the
lender reduces commission below 5%, the commission will be split equally with
the Selling Agent. See the MLS private remarks.

10. Offers CANNOT be written with “or assignee”

15. Many times short sale banks will not pay a commission if you are representing
yourself in the transaction. We recommend that you have another agent that you
trust work with you in the transaction.

Once you have read this information and prepared an offer, please click the link below to submit your offer via email.

Should your email client not support this link. Email offers to: Offers@ToniPatillo.com

Please do not contact our office until reading through the information below.

Most of your questions will be answered.

This is a SHORT SALE.

NO DOCUSIGN – THIS LENDER ONLY ALLOWS REAL SIGNATURES

*PLEASE BE ADVISED THERE MAY BE A CASH CONTRIBUTION REQUIREMENT OF APPROXIMATELY $12,000 TOWARDS THE 2ND LIEN HOLDER – IN ADDITION TO THE PURCHASE PRICE*

 The Cash Contribution WILL NOT be part of the C.A.R. Residential Purchase Agreement. This will be an Amendment drafted by Escrow and shown on the Final HUD. Please include your Buyer’s Awareness of this possible Cash Contribution in your email when submitting your Offer.                                                                             

SELLER HAS SELECTED AN OFFER – PENDING SHORT SALE APPROVAL

PROPERTY FREQUENTLY ASKED QUESTIONS

Q. Is this property a short sale?

A. Yes.

1st Lien Holder: Ocwen

2nd Lien Holder: Ocwen

Previously Approved – Yes or No? NO

Estimated time for short sale approval: 30-60 Days

Q. Is the property available? Do you have offers?

A. If the property is “Active” we do not have an accepted offer from the Seller. If
it is in “Back up” we have an accepted offer, but we always welcome back up
offers. It is not uncommon for a Back Up offer to be the one that ends up
closing. If the property is in “Pending”, the contingencies have been removed,
and we should be closing soon.

Q. Will you be sending counter offers?

A. This will be handled on a case by case basis when we review the offers with our
seller. We recommend that buyers submit their highest and best offer up front, and also follow the offer checklist.
If multiple offers are received and reviewed with the seller, the best offer be
selected without a counter. Please inform your clients.

Q. Does my buyer need to qualify with your lender?

A. Yes. Unless it is an ALL CASH buyer we do require that your buyer goes through the qualification process with Mark Latini of Divita Home Finance.

You can reach Mark at 949-279-5595 or mark@divitahome.com

 Q. How do you handle your short sales?

A. Once the seller has selected an offer, we will submit only that offer to the bank. The other offers may have the option to go into a back up position, and
the back up rankings will be selected by the seller.

Q. Is the property eligible for FHA or VA financing?

A. Please check with your lender.

Q. What are the Showing Instructions?

A. OPEN HOUSE – Saturday, May 11th from 11am-1pm  - ONLY

Q. Are there any delinquent property taxes?

A. There may or may not be delinquent property taxes. We will negotiate to have the short sale lender cover the delinquent property taxes. Your buyer will be
responsible for the prorated property taxes just as they would in a traditional sale.

Q. Are there any other fees that my buyer will need to pay?

A. Buyer is responsible for Termite, and upfront documentation fees (I.E. City Reports, HOA Docs (if applicable). – Buyer is not responsible for delinquent taxes.

Q. Do the sellers qualify for a short sale?

A. Although here is no way to guarantee that the sellers will qualify for a short sale, we do our best to only work with clients that we feel have a high chance
of success with the short sale. The lender has already approved the list price, so it is highly likely that this short sale will be approved if an offer is submitted at or above that price.

If you have any further questions, you can email them to info@ToniPatillo.com.

PLEASE DO NOT CALL.

We will either email or call you to answer any additional questions or concerns.

The instructions below include all of the information for writing the offer and where to submit it. Once an offer has been submitted, you will receive an email confirmation within 24 hours.

INSTRUCTIONS FOR WRITING AN OFFER

PLEASE CLICK THIS BOX FOR THE OFFER CHECKLIST AND ADDENDUM

All Offers Must Be Accompanied By:

• Approval Letter from Lender (if financing)

• Proof of Funds sufficient for down payment and closing costs (if financing), 

  or full purchase price and closing costs (if CASH)

  
  

This Information Must Be Completed on the Residential Purchase Agreement:

1. In section 11A, please check the Addendum Box and Write #1

2. In Section 11B, Please check the box Short Sale Addendum (SSA)

3. Page 8 – Please be sure to include your license #, office license #, and SIGN THE OFFER

4. Page 8 – Please fill in the listing agent information as follows:

• Listing Firm – Keller Williams Realty Santa Monica

• Firm License – 01499010

• Agent- Toni Patillo

• Agent License – 01313287

• Address: 2701 Ocean Park Blvd. #140 Santa Monica, CA 90405

• Phone: 310-482-2035

• Fax: 424-744-4148

• Email: info@ToniPatillo.com

** PLEASE READ THE FOLLOWING BEFORE SUBMITTING AN OFFER **

1. The seller does require that your buyer deposits 3% of the purchase price into
escrow within 3 Days of Seller’s Acceptance. Please inform your buyer that this
is not when the bank accepts the short sale. If the seller accepts your buyer’s
offer, we are going to tie up the property and only accept back up offers. In
doing so, we want to ensure that you buyer is committed to the short sale by
placing their 3% deposit in escrow.

2. The C.A.R. form “Short Sale Addendum” (SSA) needs to be incorporated into the
agreement. In section 1A, check the box and write in 60 days.

3. Once the short sale approval is granted, you will be required to close in 30 days or
less depending on the terms issued by the lien holders.

5. If asking for closing costs, the max will be 3% on FHA and VA loans. These will be subject to lien holder approval. If your buyer is doing any other form of
financing, no closing costs credits can be requested.

6. The lenders will not pay for home warranty, so please do not include it in the contract.

7. Unless otherwise noted, the lender will not pay for a termite report or repairs, so please do not include it in the contract. Your client is welcome to have their
own inspection completed.

8. The transaction is an “AS-IS” purchase

9. Be advised that there is a Broker Advantage on Commission. This means that the
maximum commission paid out to the Selling Agent will be 2.5%. In the event the
lender reduces commission below 5%, the commission will be split equally with
the Selling Agent. See the MLS private remarks.

10. Offers CANNOT be written with “or assignee”

15. Many times short sale banks will not pay a commission if you are representing
yourself in the transaction. We recommend that you have another agent that you
trust work with you in the transaction.

Once you have read this information and prepared an offer, please click the link below to submit your offer via email.

Should your email client not support this link. Email offers to: Offers@ToniPatillo.com

 BEFORE CALLING OUR OFFICE ON 4600 Don Lorenzo Dr #47 WE HAVE CREATED THIS PAGE TO ASSIST IN ANSWERING ALL OF YOUR QUESTIONS PERTAINING TO THIS LISTING.

Please do not contact our office until reading through the information below.

Most of your questions will be answered.

This is a SHORT SALE 

NO DOCUSIGN – THIS LENDER ONLY ALLOWS REAL SIGNATURES

 NO SHOWINGS

SELLER HAS SELECTED AN OFFER

*PLEASE BE ADVISED THERE MAY BE A CASH CONTRIBUTION REQUIREMENT OF APPROXIMATELY $30,000 TOWARDS THE 2ND LIEN HOLDER – IN ADDITION TO THE PURCHASE PRICE*

 The Cash Contribution WILL NOT be part of the C.A.R. Residential Purchase Agreement. This will be an Amendment drafted by Escrow and shown on the Final HUD. Please include your Buyer’s Awareness of this possible Cash Contribution in your email when submitting your Offer.                                                                             

PROPERTY FREQUENTLY ASKED QUESTIONS

Q. Is this property a short sale?

A. Yes.

1st Lien Holder: Citi Bank

2nd Lien Holder: Citi Bank

Previously Approved – Yes or No? NO

Estimated time for short sale approval: 30-60 Days

Q. Is the property available? Do you have offers?

A. If the property is “Active” we do not have an accepted offer from the Seller. If
it is in “Back up” we have an accepted offer, but we always welcome back up
offers. It is not uncommon for a Back Up offer to be the one that ends up
closing. If the property is in “Pending”, the contingencies have been removed,
and we should be closing soon.

Q. Will you be sending counter offers?

A. This will be handled on a case by case basis when we review the offers with our
seller. We recommend that buyers submit their highest and best offer up front, and also follow the offer checklist.
If multiple offers are received and reviewed with the seller, the best offer be
selected without a counter. Please inform your clients.

Q. Does my buyer need to qualify with your lender?

A. Yes. Unless it is an ALL CASH buyer we do require that your buyer goes through the qualification process with Mark Latini of Divita Home Finance.

You can reach Mark at 949-279-5595 or mark@divitahome.com

 Q. How do you handle your short sales?

A. Once the seller has selected an offer, we will submit only that offer to the bank. The other offers may have the option to go into a back up position, and
the back up rankings will be selected by the seller.

Q. Is the property eligible for FHA or VA financing?

A. Please check with your lender.

Q. What are the Showing Instructions?

A. NO SHOWINGS AT THIS TIME

Q. Are there any delinquent property taxes?

A. There may or may not be delinquent property taxes. We will negotiate to have the short sale lender cover the delinquent property taxes. Your buyer will be
responsible for the prorated property taxes just as they would in a traditional sale.

Q. Are there any other fees that my buyer will need to pay?

A. Buyer is responsible for Termite, and upfront documentation fees (I.E. City Reports, HOA Docs (if applicable). – Buyer is not responsible for delinquent taxes.

Q. Do the sellers qualify for a short sale?

A. Although here is no way to guarantee that the sellers will qualify for a short sale, we do our best to only work with clients that we feel have a high chance
of success with the short sale. The lender has already approved the list price, so it is highly likely that this short sale will be approved if an offer is submitted at or above that price.

If you have any further questions, you can email them to info@ToniPatillo.com.

PLEASE DO NOT CALL.

We will either email or call you to answer any additional questions or concerns.

The instructions below include all of the information for writing the offer and where to submit it. Once an offer has been submitted, you will receive an email confirmation within 24 hours.

INSTRUCTIONS FOR WRITING AN OFFER

PLEASE CLICK THIS BOX FOR THE OFFER CHECKLIST AND ADDENDUM

All Offers Must Be Accompanied By:

• Approval Letter from Lender (if financing)

• Proof of Funds sufficient for down payment and closing costs (if financing), 

  or full purchase price and closing costs (if CASH)

  
  

This Information Must Be Completed on the Residential Purchase Agreement:

1. In section 11A, please check the Addendum Box and Write #1

2. In Section 11B, Please check the box Short Sale Addendum (SSA)

3. Page 8 – Please be sure to include your license #, office license #, and SIGN THE OFFER

4. Page 8 – Please fill in the listing agent information as follows:

• Listing Firm – Keller Williams Realty Santa Monica

• Firm License – 01499010

• Agent- Rena Braud

• Agent License – 01128549

• Address: 2701 Ocean Park Blvd. #140 Santa Monica, CA 90405

• Phone: 310-482-2280

• Fax: 888-908-5549

• Email: Rena@ToniPatillo.com

** PLEASE READ THE FOLLOWING BEFORE SUBMITTING AN OFFER **

1. The seller does require that your buyer deposits 3% of the purchase price into
escrow within 3 Days of Seller’s Acceptance. Please inform your buyer that this
is not when the bank accepts the short sale. If the seller accepts your buyer’s
offer, we are going to tie up the property and only accept back up offers. In
doing so, we want to ensure that you buyer is committed to the short sale by
placing their 3% deposit in escrow.

2. The C.A.R. form “Short Sale Addendum” (SSA) needs to be incorporated into the
agreement. In section 1A, check the box and write in 60 days.

3. Once the short sale approval is granted, you will be required to close in 30 days or
less depending on the terms issued by the lien holders.

5. If asking for closing costs, the max will be 3% on FHA and VA loans. These will be subject to lien holder approval. If your buyer is doing any other form of
financing, no closing costs credits can be requested.

6. The lenders will not pay for home warranty, so please do not include it in the contract.

7. Unless otherwise noted, the lender will not pay for a termite report or repairs, so please do not include it in the contract. Your client is welcome to have their
own inspection completed.

8. The transaction is an “AS-IS” purchase

9. Be advised that there is a Broker Advantage on Commission. This means that the
maximum commission paid out to the Selling Agent will be 2.5%. In the event the
lender reduces commission below 5%, the commission will be split equally with
the Selling Agent. See the MLS private remarks.

10. Offers CANNOT be written with “or assignee”

15. Many times short sale banks will not pay a commission if you are representing
yourself in the transaction. We recommend that you have another agent that you
trust work with you in the transaction.

Once you have read this information and prepared an offer, please click the link below to submit your offer via email.

Should your email client not support this link. Email offers to: Offers@ToniPatillo.com

 BEFORE CALLING OUR OFFICE ON 4358 LYCEUM AVENUE WE HAVE CREATED THIS PAGE TO ASSIST IN ANSWERING ALL OF YOUR QUESTIONS PERTAINING TO THIS LISTING.

Please do not contact our office until reading through the information below.

Most of your questions will be answered.

This is a Bank Of America Cooperative SHORT SALE 

Approved List Price.

NO DOCUSIGN – THIS LENDER ONLY ALLOWS REAL SIGNATURES

OFFERS DUE BY – WED, APRIL 17th at 12:00pm

 OPEN HOUSE – Saturday , April 13th 1-3pm

*PLEASE BE ADVISED THERE MAY BE A CASH CONTRIBUTION REQUIREMENT OF APPROXIMATELY $15,000 TOWARDS THE 2ND LIEN HOLDER – IN ADDITION TO THE PURCHASE PRICE*

 The Cash Contribution WILL NOT be part of the C.A.R. Residential Purchase Agreement. This will be an Amendment drafted by Escrow and shown on the Final HUD. Please include your Buyer’s Awareness of this possible Cash Contribution in your email when submitting your Offer.                                                                             

PROPERTY FREQUENTLY ASKED QUESTIONS

Q. Is this property a short sale?

A. Yes.

1st Lien Holder: Bank Of America

2nd Lien Holder: CCo Mortgage

Previously Approved – Yes or No? NO

Estimated time for short sale approval: 30-60 Days

Q. Is the property available? Do you have offers?

A. If the property is “Active” we do not have an accepted offer from the Seller. If
it is in “Back up” we have an accepted offer, but we always welcome back up
offers. It is not uncommon for a Back Up offer to be the one that ends up
closing. If the property is in “Pending”, the contingencies have been removed,
and we should be closing soon.

Q. Will you be sending counter offers?

A. This will be handled on a case by case basis when we review the offers with our
seller. We recommend that buyers submit their highest and best offer up front, and also follow the offer checklist.
If multiple offers are received and reviewed with the seller, the best offer be
selected without a counter. Please inform your clients.

Q. Does my buyer need to qualify with your lender?

A. Yes. Unless it is an ALL CASH buyer we do require that your buyer goes through the qualification process with Mark Latini of Divita Home Finance.

You can reach Mark at 949-279-5595 or mark@divitahome.com

 Q. How do you handle your short sales?

A. Once the seller has selected an offer, we will submit only that offer to the bank. The other offers may have the option to go into a back up position, and
the back up rankings will be selected by the seller.

Q. Is the property eligible for FHA or VA financing?

A. Please check with your lender.

Q. What are the Showing Instructions?

A. OPEN HOUSE – Saturday , April 13th 1-3pm – ONLY 

Q. Are there any delinquent property taxes?

A. There may or may not be delinquent property taxes. We will negotiate to have the short sale lender cover the delinquent property taxes. Your buyer will be
responsible for the prorated property taxes just as they would in a traditional sale.

Q. Are there any other fees that my buyer will need to pay?

A. Buyer is responsible for Termite, and upfront documentation fees (I.E. City Reports, HOA Docs (if applicable). – Buyer is not responsible for delinquent taxes.

Q. Do the sellers qualify for a short sale?

A. Although here is no way to guarantee that the sellers will qualify for a short sale, we do our best to only work with clients that we feel have a high chance
of success with the short sale. The lender has already approved the list price, so it is highly likely that this short sale will be approved if an offer is submitted at or above that price.

If you have any further questions, you can email them to info@ToniPatillo.com.

PLEASE DO NOT CALL.

We will either email or call you to answer any additional questions or concerns.

The instructions below include all of the information for writing the offer and where to submit it. Once an offer has been submitted, you will receive an email confirmation within 24 hours.

INSTRUCTIONS FOR WRITING AN OFFER

PLEASE CLICK THIS BOX FOR THE OFFER CHECKLIST AND ADDENDUM

All Offers Must Be Accompanied By:

• Approval Letter from Lender (if financing)

• Proof of Funds sufficient for down payment and closing costs (if financing), 

  or full purchase price and closing costs (if CASH)

  
  

This Information Must Be Completed on the Residential Purchase Agreement:

1. In section 11A, please check the Addendum Box and Write #1

2. In Section 11B, Please check the box Short Sale Addendum (SSA)

3. Page 8 – Please be sure to include your license #, office license #, and SIGN THE OFFER

4. Page 8 – Please fill in the listing agent information as follows:

• Listing Firm – Keller Williams Realty Santa Monica

• Firm License – 01499010

• Agent- Toni Patillo

• Agent License – 01313287

• Address: 2701 Ocean Park Blvd. #140 Santa Monica, CA 90405

• Phone: 310-482-2035

• Fax: 424-744-4148

• Email: info@ToniPatillo.com

** PLEASE READ THE FOLLOWING BEFORE SUBMITTING AN OFFER **

1. The seller does require that your buyer deposits 3% of the purchase price into
escrow within 3 Days of Seller’s Acceptance. Please inform your buyer that this
is not when the bank accepts the short sale. If the seller accepts your buyer’s
offer, we are going to tie up the property and only accept back up offers. In
doing so, we want to ensure that you buyer is committed to the short sale by
placing their 3% deposit in escrow.

2. The C.A.R. form “Short Sale Addendum” (SSA) needs to be incorporated into the
agreement. In section 1A, check the box and write in 60 days.

3. Once the short sale approval is granted, you will be required to close in 30 days or
less depending on the terms issued by the lien holders.

5. If asking for closing costs, the max will be 3% on FHA and VA loans. These will be subject to lien holder approval. If your buyer is doing any other form of
financing, no closing costs credits can be requested.

6. The lenders will not pay for home warranty, so please do not include it in the contract.

7. Unless otherwise noted, the lender will not pay for a termite report or repairs, so please do not include it in the contract. Your client is welcome to have their
own inspection completed.

8. The transaction is an “AS-IS” purchase

9. Be advised that there is a Broker Advantage on Commission. This means that the
maximum commission paid out to the Selling Agent will be 2.5%. In the event the
lender reduces commission below 5%, the commission will be split equally with
the Selling Agent. See the MLS private remarks.

10. Offers CANNOT be written with “or assignee”

15. Many times short sale banks will not pay a commission if you are representing
yourself in the transaction. We recommend that you have another agent that you
trust work with you in the transaction.

Once you have read this information and prepared an offer, please click the link below to submit your offer via email.

Should your email client not support this link. Email offers to: Offers@ToniPatillo.com

 BEFORE CALLING OUR OFFICE ON 20324 Rancherias Rd WE HAVE CREATED THIS PAGE TO ASSIST IN ANSWERING ALL OF YOUR QUESTIONS PERTAINING TO THIS LISTING.

Please do not contact our office until reading through the information below.

Most of your questions will be answered.

This is a TRUST SHORT SALE.

NO DOCUSIGN – THIS LENDER ONLY ALLOWS REAL SIGNATURES

*PLEASE BE ADVISED THERE WILL A CASH CONTRIBUTION REQUIREMENT OF APPROXIMATELY $22,500 TO SATISFY THE TRUST – IN ADDITION TO THE PURCHASE PRICE*

 The Cash Contribution WILL NOT be part of the C.A.R. Residential Purchase Agreement. This will be an Amendment drafted by Escrow and shown on the Final HUD. Please include your Buyer’s Awareness of this Cash Contribution in your email when submitting your Offer.                                                                             

PROPERTY FREQUENTLY ASKED QUESTIONS

Q. Is this property a short sale?

A. Yes.

1st Lien Holder: Financial Freedom

2nd Lien Holder: NONE

Previously Approved – Yes or No? NO

Estimated time for short sale approval: 30-60 Days

Q. Is the property available? Do you have offers?

A. If the property is “Active” we do not have an accepted offer from the Seller. If
it is in “Back up” we have an accepted offer, but we always welcome back up
offers. It is not uncommon for a Back Up offer to be the one that ends up
closing. If the property is in “Pending”, the contingencies have been removed,
and we should be closing soon.

Q. Will you be sending counter offers?

A. This will be handled on a case by case basis when we review the offers with our
seller. We recommend that buyers submit their highest and best offer up front, and also follow the offer checklist.
If multiple offers are received and reviewed with the seller, the best offer be
selected without a counter. Please inform your clients.

Q. Does my buyer need to qualify with your lender?

A. Yes. Unless it is an ALL CASH buyer we do require that your buyer goes through the qualification process with Mark Latini of Divita Home Finance.

You can reach Mark at 949-279-5595 or mark@divitahome.com

 Q. How do you handle your short sales?

A. Once the seller has selected an offer, we will submit only that offer to the bank. The other offers may have the option to go into a back up position, and
the back up rankings will be selected by the seller.

Q. Is the property eligible for FHA or VA financing?

A. Please check with your lender.

Q. What are the Showing Instructions?

A. Property is Vacant – Keybox on Front Gate – Email your DRE# to info@tonipatillo.com for code – PLEASE LOCK GATE UPON EXIT

Q. Are there any delinquent property taxes?

A. There may or may not be delinquent property taxes. We will negotiate to have the short sale lender cover the delinquent property taxes. Your buyer will be
responsible for the prorated property taxes just as they would in a traditional sale.

Q. Are there any other fees that my buyer will need to pay?

A. Buyer is responsible for Termite, and upfront documentation fees (I.E. City Reports, HOA Docs (if applicable). – Buyer is not responsible for delinquent taxes.

Q. Do the sellers qualify for a short sale?

A. Although here is no way to guarantee that the sellers will qualify for a short sale, we do our best to only work with clients that we feel have a high chance
of success with the short sale. The lender has already approved the list price, so it is highly likely that this short sale will be approved if an offer is submitted at or above that price.

If you have any further questions, you can email them to info@ToniPatillo.com.

PLEASE DO NOT CALL.

We will either email or call you to answer any additional questions or concerns.

The instructions below include all of the information for writing the offer and where to submit it. Once an offer has been submitted, you will receive an email confirmation within 24 hours.

INSTRUCTIONS FOR WRITING AN OFFER

PLEASE CLICK THIS BOX FOR THE OFFER CHECKLIST AND ADDENDUM

All Offers Must Be Accompanied By:

• Approval Letter from Lender (if financing)

• Proof of Funds sufficient for down payment and closing costs (if financing), 

  or full purchase price and closing costs (if CASH)

  
  

This Information Must Be Completed on the Residential Purchase Agreement:

1. In section 11A, please check the Addendum Box and Write #1

2. In Section 11B, Please check the box Short Sale Addendum (SSA)

3. Page 8 – Please be sure to include your license #, office license #, and SIGN THE OFFER

4. Page 8 – Please fill in the listing agent information as follows:

• Listing Firm – Keller Williams Realty Santa Monica

• Firm License – 01499010

• Agent- Toni Patillo

• Agent License – 01313287

• Address: 2701 Ocean Park Blvd. #140 Santa Monica, CA 90405

• Phone: 310-482-2035

• Fax: 424-744-4148

• Email: info@ToniPatillo.com

** PLEASE READ THE FOLLOWING BEFORE SUBMITTING AN OFFER **

1. The seller does require that your buyer deposits 3% of the purchase price into
escrow within 3 Days of Seller’s Acceptance. Please inform your buyer that this
is not when the bank accepts the short sale. If the seller accepts your buyer’s
offer, we are going to tie up the property and only accept back up offers. In
doing so, we want to ensure that you buyer is committed to the short sale by
placing their 3% deposit in escrow.

2. The C.A.R. form “Short Sale Addendum” (SSA) needs to be incorporated into the
agreement. In section 1A, check the box and write in 60 days.

3. Once the short sale approval is granted, you will be required to close in 30 days or
less depending on the terms issued by the lien holders.

5. If asking for closing costs, the max will be 3% on FHA and VA loans. These will be subject to lien holder approval. If your buyer is doing any other form of
financing, no closing costs credits can be requested.

6. The lenders will not pay for home warranty, so please do not include it in the contract.

7. Unless otherwise noted, the lender will not pay for a termite report or repairs, so please do not include it in the contract. Your client is welcome to have their
own inspection completed.

8. The transaction is an “AS-IS” purchase

9. Be advised that there is a Broker Advantage on Commission. This means that the
maximum commission paid out to the Selling Agent will be 2.5%. In the event the
lender reduces commission below 5%, the commission will be split equally with
the Selling Agent. See the MLS private remarks.

10. Offers CANNOT be written with “or assignee”

15. Many times short sale banks will not pay a commission if you are representing
yourself in the transaction. We recommend that you have another agent that you
trust work with you in the transaction.

Once you have read this information and prepared an offer, please click the link below to submit your offer via email.

Should your email client not support this link. Email offers to: Offers@ToniPatillo.com

PROPERTY ON HOLD – Per Seller’s Request

Please do not contact our office until reading through the information below.

Most of your questions will be answered.

This is a SHORT SALE.

NO DOCUSIGN – THIS LENDER ONLY ALLOWS REAL SIGNATURES

*PLEASE BE ADVISED THERE MAY BE A CASH CONTRIBUTION REQUIREMENT OF APPROXIMATELY $30,000 TOWARDS THE 2ND LIENT HOLDER – IN ADDITION TO THE PURCHASE PRICE*

 (The Cash Contribution WILL NOT be part of the C.A.R. Residential Purchase Agreement. This will be an Amendment drafted by Escrow and shown on the Final HUD. Please include your Buyer’s Awareness of this possible Cash Contribution in your email when submitting your Offer.                                                                             

PROPERTY FREQUENTLY ASKED QUESTIONS

Q. Is this property a short sale?

A. Yes.

1st Lien Holder: Everbank

2nd Lien Holder: Ocwan

Previously Approved – Yes or No? NO

Estimated time for short sale approval: 30-60 Days

Q. Is the property available? Do you have offers?

A. If the property is “Active” we do not have an accepted offer from the Seller. If
it is in “Back up” we have an accepted offer, but we always welcome back up
offers. It is not uncommon for a Back Up offer to be the one that ends up
closing. If the property is in “Pending”, the contingencies have been removed,
and we should be closing soon.

Q. Will you be sending counter offers?

A. This will be handled on a case by case basis when we review the offers with our
seller. We recommend that buyers submit their highest and best offer up front, and also follow the offer checklist.
If multiple offers are received and reviewed with the seller, the best offer be
selected without a counter. Please inform your clients.

Q. Does my buyer need to qualify with your lender?

A. Yes. Unless it is an ALL CASH buyer we do require that your buyer goes through the qualification process with Mark Latini of Divita Home Finance.

You can reach Mark at 949-279-5595 or mark@divitahome.com

 Q. How do you handle your short sales?

A. Once the seller has selected an offer, we will submit only that offer to the bank. The other offers may have the option to go into a back up position, and
the back up rankings will be selected by the seller.

Q. Is the property eligible for FHA or VA financing?

A. Please check with your lender.

Q. What are the Showing Instructions?

A. NO SHOWINGS AT THIS TIME 

Q. Are there any delinquent property taxes?

A. There may or may not be delinquent property taxes. We will negotiate to have the short sale lender cover the delinquent property taxes. Your buyer will be
responsible for the prorated property taxes just as they would in a traditional sale.

Q. Are there any other fees that my buyer will need to pay?

A. Buyer is responsible for Termite, and upfront documentation fees (I.E. City Reports, HOA Docs (if applicable). – Buyer is not responsible for delinquent taxes.

Q. Do the sellers qualify for a short sale?

A. Although here is no way to guarantee that the sellers will qualify for a short sale, we do our best to only work with clients that we feel have a high chance
of success with the short sale. The lender has already approved the list price, so it is highly likely that this short sale will be approved if an offer is submitted at or above that price.

If you have any further questions, you can email them to info@ToniPatillo.com.

PLEASE DO NOT CALL.

We will either email or call you to answer any additional questions or concerns.

The instructions below include all of the information for writing the offer and where to submit it. Once an offer has been submitted, you will receive an email confirmation within 24 hours.

INSTRUCTIONS FOR WRITING AN OFFER

PLEASE CLICK THIS BOX FOR THE OFFER CHECKLIST AND ADDENDUM

All Offers Must Be Accompanied By:

• Approval Letter from Lender (if financing)

• Proof of Funds sufficient for down payment and closing costs (if financing), 

  or full purchase price and closing costs (if CASH)

  
  

This Information Must Be Completed on the Residential Purchase Agreement:

1. In section 11A, please check the Addendum Box and Write #1

2. In Section 11B, Please check the box Short Sale Addendum (SSA)

3. Page 8 – Please be sure to include your license #, office license #, and SIGN THE OFFER

4. Page 8 – Please fill in the listing agent information as follows:

• Listing Firm – Keller Williams Realty Santa Monica

• Firm License – 01499010

• Agent- Toni Patillo

• Agent License – 01313287

• Address: 2701 Ocean Park Blvd. #140 Santa Monica, CA 90405

• Phone: 310-482-2035

• Fax: 424-744-4148

• Email: info@ToniPatillo.com

** PLEASE READ THE FOLLOWING BEFORE SUBMITTING AN OFFER **

1. The seller does require that your buyer deposits 3% of the purchase price into
escrow within 3 Days of Seller’s Acceptance. Please inform your buyer that this
is not when the bank accepts the short sale. If the seller accepts your buyer’s
offer, we are going to tie up the property and only accept back up offers. In
doing so, we want to ensure that you buyer is committed to the short sale by
placing their 3% deposit in escrow.

2. The C.A.R. form “Short Sale Addendum” (SSA) needs to be incorporated into the
agreement. In section 1A, check the box and write in 60 days.

3. Once the short sale approval is granted, you will be required to close in 30 days or
less depending on the terms issued by the lien holders.

5. If asking for closing costs, the max will be 3% on FHA and VA loans. These will be subject to lien holder approval. If your buyer is doing any other form of
financing, no closing costs credits can be requested.

6. The lenders will not pay for home warranty, so please do not include it in the contract.

7. Unless otherwise noted, the lender will not pay for a termite report or repairs, so please do not include it in the contract. Your client is welcome to have their
own inspection completed.

8. The transaction is an “AS-IS” purchase

9. Be advised that there is a Broker Advantage on Commission. This means that the
maximum commission paid out to the Selling Agent will be 2.5%. In the event the
lender reduces commission below 5%, the commission will be split equally with
the Selling Agent. See the MLS private remarks.

10. Offers CANNOT be written with “or assignee”

15. Many times short sale banks will not pay a commission if you are representing
yourself in the transaction. We recommend that you have another agent that you
trust work with you in the transaction.

Once you have read this information and prepared an offer, please click the link below to submit your offer via email.

Should your email client not support this link. Email offers to: Offers@ToniPatillo.com

SELLER ACCEPTED OFFER & BACK UP – IN SHORT SALE REVIEW

  NO MORE OFFERS AT THIS TIME.

Submission Deadline was: Friday – 3/1/2013 @ 5pm

Please do not contact our office until reading through the information below.

Most of your questions will be answered.

This is a SHORT SALE.

NO DOCUSIGN – THIS LENDER ONLY ALLOWS REAL SIGNATURES

 SHOWINGS : NO SHOWINGS AT THIS TIME - 

PROPERTY FREQUENTLY ASKED QUESTIONS

Q. Is this property a short sale?

A. Yes.

1st Lien Holder: Wells Fargo

2nd Lien Holder: NONE

Previously Approved – Yes or No? NO

Estimated time for short sale approval: 30-60 Days

Q. Is the property available? Do you have offers?

A. If the property is “Active” we do not have an accepted offer from the Seller. If
it is in “Back up” we have an accepted offer, but we always welcome back up
offers. It is not uncommon for a Back Up offer to be the one that ends up
closing. If the property is in “Pending”, the contingencies have been removed,
and we should be closing soon.

Q. Will you be sending counter offers?

A. This will be handled on a case by case basis when we review the offers with our
seller. We recommend that buyers submit their highest and best offer up front, and also follow the offer checklist.
If multiple offers are received and reviewed with the seller, the best offer be
selected without a counter. Please inform your clients.

Q. Does my buyer need to qualify with your lender?

A. Yes. Unless it is an ALL CASH buyer we do require that your buyer goes through the qualification process with Mark Latini of Divita Home Finance.

You can reach Mark at 949-279-5595 or mark@divitahome.com

 Q. How do you handle your short sales?

A. Once the seller has selected an offer, we will submit only that offer to the bank. The other offers may have the option to go into a back up position, and
the back up rankings will be selected by the seller.

Q. Is the property eligible for FHA or VA financing?

A. Please check with your lender.

Q. What are the Showing Instructions?

A. Please contact Listing Agent # – Tanya Starcevich @ 310-739-4216

Q. Are there any delinquent property taxes?

A. There may or may not be delinquent property taxes. We will negotiate to have the short sale lender cover the delinquent property taxes. Your buyer will be
responsible for the prorated property taxes just as they would in a traditional sale.

Q. Are there any other fees that my buyer will need to pay?

A. Buyer is responsible for Termite, and upfront documentation fees (I.E. City Reports, HOA Docs (if applicable). – Buyer is not responsible for delinquent taxes.

Q. Do the sellers qualify for a short sale?

A. Although here is no way to guarantee that the sellers will qualify for a short sale, we do our best to only work with clients that we feel have a high chance
of success with the short sale. The lender has already approved the list price, so it is highly likely that this short sale will be approved if an offer is submitted at or above that price.

If you have any further questions, you can email them to info@ToniPatillo.com.

PLEASE DO NOT CALL.

We will either email or call you to answer any additional questions or concerns.

The instructions below include all of the information for writing the offer and where to submit it. Once an offer has been submitted, you will receive an email confirmation within 24 hours.

INSTRUCTIONS FOR WRITING AN OFFER

PLEASE CLICK THIS BOX FOR THE OFFER CHECKLIST AND ADDENDUM

All Offers Must Be Accompanied By:

• Approval Letter from Lender (if financing)

• Proof of Funds sufficient for down payment and closing costs (if financing), 

  or full purchase price and closing costs (if CASH)

  
  

This Information Must Be Completed on the Residential Purchase Agreement:

1. In section 11A, please check the Addendum Box and Write #1

2. In Section 11B, Please check the box Short Sale Addendum (SSA)

3. Page 8 – Please be sure to include your license #, office license #, and SIGN THE OFFER

4. Page 8 – Please fill in the listing agent information as follows:

• Listing Firm – Keller Williams Realty

• Firm License – 01499010

• Agent- Tanya Starcevich

• Agent License – 01864259

• Address: 2701 Ocean Park Blvd. #140 Santa Monica, CA 90405

• Phone: 310-739-4216

• Email: tanyastarcevich@gmail.com 

** PLEASE READ THE FOLLOWING BEFORE SUBMITTING AN OFFER **

1. The seller does require that your buyer deposits 3% of the purchase price into
escrow within 3 Days of Seller’s Acceptance. Please inform your buyer that this
is not when the bank accepts the short sale. If the seller accepts your buyer’s
offer, we are going to tie up the property and only accept back up offers. In
doing so, we want to ensure that you buyer is committed to the short sale by
placing their 3% deposit in escrow.

2. The C.A.R. form “Short Sale Addendum” (SSA) needs to be incorporated into the
agreement. In section 1A, check the box and write in 60 days.

3. Once the short sale approval is granted, you will be required to close in 30 days or
less depending on the terms issued by the lien holders.

4. If asking for closing costs, the max will be 3% on FHA and VA loans. These will be subject to lien holder approval. If your buyer is doing any other form of
financing, no closing costs credits can be requested.

5. The lenders will not pay for home warranty, so please do not include it in the contract.

6. Unless otherwise noted, the lender will not pay for a termite report or repairs, so please do not include it in the contract. Your client is welcome to have their
own inspection completed.

7. The transaction is an “AS-IS” purchase

8. Be advised that there is a Broker Advantage on Commission. This means that the
maximum commission paid out to the Selling Agent will be 2.5%. In the event the
lender reduces commission below 5%, the commission will be split equally with
the Selling Agent. See the MLS private remarks.

9. Offers CANNOT be written with “or assignee”

10. Many times short sale banks will not pay a commission if you are representing
yourself in the transaction. We recommend that you have another agent that you
trust work with you in the transaction.

Once you have read this information and prepared an offer, please click the link below to submit your offer via email.

Should your email client not support this link. Email offers to: Offers@ToniPatillo.com

SELLER ACCEPTED OFFER – IN SHORT SALE REVIEW

OFFER SUBMISSION DEADLINE: Tuesday- 3/4 @ 10am

Please do not contact our office until reading through the information below.

Most of your questions will be answered.

This is a SHORT SALE.

NO DOCUSIGN – THIS LENDER ONLY ALLOWS REAL SIGNATURES

 *PLEASE BE ADVISED THERE MAY BE A CASH CONTRIBUTION REQUIREMENT OF APPROXIMATELY $20,000 TOWARDS THE 2nd LIEN HOLDER & DELINQUENT HOA FEES — IN THE ADDITION TO THE PURCHASE PRICE * 

The Cash Contribution WILL NOT be part of the C.A.R. Residential Purchase Agreement. This will be an Amendment drafted by Escrow and shown on the Final HUD. Please include your Buyers Awareness of the possible Cash Contribution in your email when submitting your offer.

SHOWINGS : Open House – Saturday – MARCH 2nd – 11:00a-2:00p .

Supra Access Available on Sunday 3/3 & Monday 3/4 ONLY

PROPERTY FREQUENTLY ASKED QUESTIONS

Q. Is this property a short sale?

A. Yes.

1stLien Holder: Ocwan

2nd Lien Holder: Greentree

Previously Approved – Yes or No? No. 

Estimated time for short sale approval: 30-60 Days

Q. Is the property available? Do you have offers?

A. If the property is “Active” we do not have an accepted offer from the Seller. If
it is in “Back up” we have an accepted offer, but we always welcome back up
offers. It is not uncommon for a Back Up offer to be the one that ends up
closing. If the property is in “Pending”, the contingencies have been removed,
and we should be closing soon.

Q. Will you be sending counter offers?

A. This will be handled on a case by case basis when we review the offers with our
seller. We recommend that buyers submit their highest and best offer up front, and also follow the offer checklist.
If multiple offers are received and reviewed with the seller, the best offer be
selected without a counter. Please inform your clients.

Q. Does my buyer need to qualify with your lender?

A. Yes. Unless it is an ALL CASH buyer we do require that your buyer goes through the qualification process with Mark Latini of Divita Home Finance.

You can reach Mark at 949-279-5595 or mark@divitahome.com

 Q. How do you handle your short sales?

A. Once the seller has selected an offer, we will submit only that offer to the bank. The other offers may have the option to go into a back up position, and
the back up rankings will be selected by the seller.

Q. Is the property eligible for FHA or VA financing?

A. NO

Q. What are the Showing Instructions?

A. Open House – Saturday, March 2nd from 11:00a-2:00p ONLY.  Supra Access Available on Sunday 3/3 & Monday 3/4 ONLY

Q. Are there any delinquent property taxes?

A. There may or may not be delinquent property taxes. We will negotiate to have the short sale lender cover the delinquent property taxes. Your buyer will be
responsible for the prorated property taxes just as they would in a traditional sale.

Q. Are there any other fees that my buyer will need to pay?

A. Buyer is responsible for Termite, and upfront documentation fees (I.E. City Reports, HOA Docs (if applicable). – Buyer is not responsible for delinquent taxes.

Q. Do the sellers qualify for a short sale?

A. Although here is no way to guarantee that the sellers will qualify for a short sale, we do our best to only work with clients that we feel have a high chance
of success with the short sale. The lender has already approved the list price, so it is highly likely that this short sale will be approved if an offer is submitted at or above that price.

If you have any further questions, you can email them to info@ToniPatillo.com.

PLEASE DO NOT CALL.

We will either email or call you to answer any additional questions or concerns.

The instructions below include all of the information for writing the offer and where to submit it. Once an offer has been submitted, you will receive an email confirmation within 24 hours.

INSTRUCTIONS FOR WRITING AN OFFER

PLEASE CLICK THIS BOX FOR THE OFFER CHECKLIST AND ADDENDUM

All Offers Must Be Accompanied By:

• Approval Letter from Lender (if financing)

• Proof of Funds sufficient for down payment and closing costs (if financing), 

  or full purchase price and closing costs (if CASH)

  
  

This Information Must Be Completed on the Residential Purchase Agreement:

1. In section 11A, please check the Addendum Box and Write #1

2. In Section 11B, Please check the box Short Sale Addendum (SSA)

3. Page 8 – Please be sure to include your license #, office license #, and SIGN THE OFFER

4. Page 8 – Please fill in the listing agent information as follows:

• Listing Firm – Keller Williams Realty Santa Monica

• Firm License – 01499010

• Agent- Rena Oates

• Agent License – 01128549

• Address: 2701 Ocean Park Blvd. #140 Santa Monica, CA 90405

• Phone: 310-482-2280

• Fax: 888-908-5549

• Email: Rena@ToniPatillo.com

** PLEASE READ THE FOLLOWING BEFORE SUBMITTING AN OFFER **

1. The seller does require that your buyer deposits 3% of the purchase price into
escrow within 3 Days of Seller’s Acceptance. Please inform your buyer that this
is not when the bank accepts the short sale. If the seller accepts your buyer’s
offer, we are going to tie up the property and only accept back up offers. In
doing so, we want to ensure that you buyer is committed to the short sale by
placing their 3% deposit in escrow.

2. The C.A.R. form “Short Sale Addendum” (SSA) needs to be incorporated into the
agreement. In section 1A, check the box and write in 60 days.

3. Once the short sale approval is granted, you will be required to close in 30 days or
less depending on the terms issued by the lien holders.

5. If asking for closing costs, the max will be 3% on FHA and VA loans. These will be subject to lien holder approval. If your buyer is doing any other form of
financing, no closing costs credits can be requested.

6. The lenders will not pay for home warranty, so please do not include it in the contract.

7. Unless otherwise noted, the lender will not pay for a termite report or repairs, so please do not include it in the contract. Your client is welcome to have their
own inspection completed.

8. The transaction is an “AS-IS” purchase

9. Be advised that there is a Broker Advantage on Commission. This means that the
maximum commission paid out to the Selling Agent will be 2.5%. In the event the
lender reduces commission below 5%, the commission will be split equally with
the Selling Agent. See the MLS private remarks.

10. Offers CANNOT be written with “or assignee”

15. Many times short sale banks will not pay a commission if you are representing
yourself in the transaction. We recommend that you have another agent that you
trust work with you in the transaction.

Once you have read this information and prepared an offer, please click the link below to submit your offer via email.

Should your email client not support this link. Email offers to: Offers@ToniPatillo.com

SELLER ACCEPTED OFFER – IN SHORT SALE REVIEW

Please do not contact our office until reading through the information below.

Most of your questions will be answered.

This MAY NOT be a SHORT SALE.

NO DOCUSIGN – THIS LENDER ONLY ALLOWS REAL SIGNATURES

 SHOWINGS : OPEN HOUSE – Sunday, Feb. 16th from 3-5pm ONLY. 

PROPERTY FREQUENTLY ASKED QUESTIONS

Q. Is this property a short sale?

A. Yes.

1st Lien Holder: Wells Fargo

2nd Lien Holder: NONE

Previously Approved – Yes or No? NO

Estimated time for short sale approval: 30-60 Days

Q. Is the property available? Do you have offers?

A. If the property is “Active” we do not have an accepted offer from the Seller. If
it is in “Back up” we have an accepted offer, but we always welcome back up
offers. It is not uncommon for a Back Up offer to be the one that ends up
closing. If the property is in “Pending”, the contingencies have been removed,
and we should be closing soon.

Q. Will you be sending counter offers?

A. This will be handled on a case by case basis when we review the offers with our
seller. We recommend that buyers submit their highest and best offer up front, and also follow the offer checklist.
If multiple offers are received and reviewed with the seller, the best offer be
selected without a counter. Please inform your clients.

Q. Does my buyer need to qualify with your lender?

A. Yes. Unless it is an ALL CASH buyer we do require that your buyer goes through the qualification process with Mark Latini of Divita Home Finance.

You can reach Mark at 949-279-5595 or mark@divitahome.com

 Q. How do you handle your short sales?

A. Once the seller has selected an offer, we will submit only that offer to the bank. The other offers may have the option to go into a back up position, and
the back up rankings will be selected by the seller.

Q. Is the property eligible for FHA or VA financing?

A. Please check with your lender.

Q. What are the Showing Instructions?

A. NO Showings at this time

Q. Are there any delinquent property taxes?

A. There may or may not be delinquent property taxes. We will negotiate to have the short sale lender cover the delinquent property taxes. Your buyer will be
responsible for the prorated property taxes just as they would in a traditional sale.

Q. Are there any other fees that my buyer will need to pay?

A. Buyer is responsible for Termite, and upfront documentation fees (I.E. City Reports, HOA Docs (if applicable). – Buyer is not responsible for delinquent taxes.

Q. Do the sellers qualify for a short sale?

A. Although here is no way to guarantee that the sellers will qualify for a short sale, we do our best to only work with clients that we feel have a high chance
of success with the short sale. The lender has already approved the list price, so it is highly likely that this short sale will be approved if an offer is submitted at or above that price.

If you have any further questions, you can email them to info@ToniPatillo.com.

PLEASE DO NOT CALL.

We will either email or call you to answer any additional questions or concerns.

The instructions below include all of the information for writing the offer and where to submit it. Once an offer has been submitted, you will receive an email confirmation within 24 hours.

INSTRUCTIONS FOR WRITING AN OFFER

PLEASE CLICK THIS BOX FOR THE OFFER CHECKLIST AND ADDENDUM

All Offers Must Be Accompanied By:

• Approval Letter from Lender (if financing)

• Proof of Funds sufficient for down payment and closing costs (if financing), 

  or full purchase price and closing costs (if CASH)

  
  

This Information Must Be Completed on the Residential Purchase Agreement:

1. In section 11A, please check the Addendum Box and Write #1

2. In Section 11B, Please check the box Short Sale Addendum (SSA)

3. Page 8 – Please be sure to include your license #, office license #, and SIGN THE OFFER

4. Page 8 – Please fill in the listing agent information as follows:

• Listing Firm – Keller Williams Realty Santa Monica

• Firm License – 01499010

• Agent- Toni Patillo

• Agent License – 01313287

• Address: 2701 Ocean Park Blvd. #140 Santa Monica, CA 90405

• Phone: 310-482-2035

• Fax: 424-744-4148

• Email: info@ToniPatillo.com

** PLEASE READ THE FOLLOWING BEFORE SUBMITTING AN OFFER **

1. The seller does require that your buyer deposits 3% of the purchase price into
escrow within 3 Days of Seller’s Acceptance. Please inform your buyer that this
is not when the bank accepts the short sale. If the seller accepts your buyer’s
offer, we are going to tie up the property and only accept back up offers. In
doing so, we want to ensure that you buyer is committed to the short sale by
placing their 3% deposit in escrow.

2. The C.A.R. form “Short Sale Addendum” (SSA) needs to be incorporated into the
agreement. In section 1A, check the box and write in 60 days.

3. Once the short sale approval is granted, you will be required to close in 30 days or
less depending on the terms issued by the lien holders.

5. If asking for closing costs, the max will be 3% on FHA and VA loans. These will be subject to lien holder approval. If your buyer is doing any other form of
financing, no closing costs credits can be requested.

6. The lenders will not pay for home warranty, so please do not include it in the contract.

7. Unless otherwise noted, the lender will not pay for a termite report or repairs, so please do not include it in the contract. Your client is welcome to have their
own inspection completed.

8. The transaction is an “AS-IS” purchase

9. Be advised that there is a Broker Advantage on Commission. This means that the
maximum commission paid out to the Selling Agent will be 2.5%. In the event the
lender reduces commission below 5%, the commission will be split equally with
the Selling Agent. See the MLS private remarks.

10. Offers CANNOT be written with “or assignee”

15. Many times short sale banks will not pay a commission if you are representing
yourself in the transaction. We recommend that you have another agent that you
trust work with you in the transaction.

Once you have read this information and prepared an offer, please click the link below to submit your offer via email.

Should your email client not support this link. Email offers to: Offers@ToniPatillo.com