STANDARD SET-UP FOR ALL-INCLUSIVE WRAP AROUND CONTRACT
COLLECTION ESCROW INSTRUCTIONS
Please
include all contact information; cell phones, email, etc.
Banking
Information for auto deposit-must complete ACH credit form & include
voided check.
Banking
Info for auto withdrawal-must complete ACH debit & form include
voided check.
EXHIBIT "A" - COLLECTION OF LATE CHARGES - IF REQUESTED
EXHIBIT "B" - TAX AND/OR INSURANCE RESERVE ACCOUNT AGREEMENT- IF REQUESTED
Property
Taxes - Include Property Tax Statement
Fire
Insurance - Include Fire Insurance Binder
EXHIBIT "C" - ALL INCLUSIVE/WRAP AGREEMENT REQUIRED TO BE SIGNED BY ALL
PARTIES
Must
include the following:
Copy of
First Lien Note
Copy of
First Lien Trust Deed
Copy of
Account Statement from First Lien Must
be included!
RECORDED MEMO OF CONTRACT
ORIGINAL CONTRACT OF SALE
UN-RECORDED WARRANTY DEED OR BARGAIN & SALE DEED TO BE RELEASED UPON FULFILLMENT
TRUSTEE'S CERTIFICATION STATEMENT (IF APPLICABLE)
POWER OF ATTORNEY OR PERSONAL REPRESENTATIVE VERIFICATION (IF APPLICABLE)
W-9
FOR EACH PARTY
LLCs and
corporations please provide tax identification numbers
LLCS
please provide a copy of the Operating Agreement
FEE SCHEDULE (INITIALED BY EACH PARTY)
PRIVACY POLICY (INITIALED BY EACH PARTY)
