HOW TO: NEW PEMCO Contract Autopopulating Software!

NOTE: **Line 12 should only be initialed by the buyer**

APPLICABLE IN ALL OUR CONTRACT AREAS

( 1A 2A 1D 2D 2S )

As we move into the tutorial please remember that our contract auto population software is to be used as a convenient safeguard against simple errors that can happen to even the most experienced HUD registered agent. As long as the information page is filled out in it's entirety with accurate information, your contract will be filled out correctly every time. We believe this will create a convenient and efficient way to assure that your contract will move through the review process smoothly and successfully, getting you to that closing table as soon as possible.

To submit a bid according to HUD and PEMCO guidelines your buyer must sign all appropriate forms in the contract package before you submit their bid online. The easiest option for proper completion of the bid and final contract package is as follows.

Before you place your bid, open our contract form and fill in all required information except for the Bid Confirmation Number. You haven't submitted your bid yet so you will not have this number. Once the page, minus the bid confirmation number, is complete you will have all necessary lines of the contract package ready to print and be signed by your buyer. Once you have printed the contract and obtained your buyers signature where required, you should then submit your bid and write in the confirmation number on the first line of the 9548 Electronic Filing addendum sheet, and the top right corner of the 9548 Sales Contract. Now all you will have to do is get your completed, error free contract, into PEMCO within 2 business of your bid acceptance!

Category:

Education

Tags:

• PEMCO
• HUD
• FHA
• loan
• mortgage
• foreclosure
• property
• home
• buyer
• homeowner
• homebuyer
• homeownership
• process
• help
• buy
• buying
• how to
• real estate
• reo
• asset manager
• MM3
• m&m3
• m and m 3
• mmIII
• m&mIII
• m & m 3
• m & m III
• 9548
• contract
• package
• sales

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