The fine print on the Purchase Rescue Program
• Not all transactions can be saved. We have access to multiple sources but some transactions are beyond repair.
• Complex transactions may require additional paperwork or request for exceptions and may delay the loan approval.
• We will need to order a new appraisal unless it is a FHA loan. We will order a rush on the appraisal for a quick turn time.
• We obey all applicable State and Federal laws which have certain minimum time periods before we can close.
• Buyer’s Agent agrees to help motivate the buyer to deliver all documentation we request in a timely manner.
• Buyer’s Agent agrees to help us work with current lender if we need items from them.
• The Agent who selected the Escrow agrees to call in a favor to ensure Escrow is able to move quickly.
• Both Agents’ agree to not abuse the Purchase Rescue Program. We designed this program as a value added service to our Current Partners and to attract New Agents to partner with us. We will not work with Agents that only send their Rush files to us.
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