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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: EPA contract or Regular Purchase Agreement Posted by Rick Harmon on June 29, 2003 at 1:31 PM In Reply to: EPA contract or Regular Purchase Agreement posted by Lughead on June 29, 2003 at 11:10 AM Lug - If the PIQ is owner occupied, 1-4 residential units, and you can't confirm that a Notice of Recission (NOR) has been recorded, the owner is still entitled to the 5 day right of cancellation. Rick : hello : we found a house while driving around FSBO : when we knocked - they are in CH 13 - want to convert to a CH 7 and sell the home : if they are in BK but there was a NOD filed in the past and payments are current in the BK - should we do an EPA agreement as our contract or a regular Purchase Offer?? : if an EPA - do we need to wait until the 5 days are up to put an Earnest Money deposit into escrow? - I would think not since we are not giving them money, but to the Title Co. : thanks you for the inputs : Lug Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : Lug - : If the PIQ is owner occupied, 1-4 residential units, and you can't confirm that a Notice of Recission (NOR) has been recorded, : the owner is still entitled to the 5 day right of cancellation. : Rick : : hello : : we found a house while driving around FSBO : : when we knocked - they are in CH 13 - want to convert to a CH 7 and sell the home : : if they are in BK but there was a NOD filed in the past and payments are current in the BK - should we do an EPA agreement as our contract or a regular Purchase Offer?? : : if an EPA - do we need to wait until the 5 days are up to put an Earnest Money deposit into escrow? - I would think not since we are not giving them money, but to the Title Co. : : thanks you for the inputs : : Lug Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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