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Great Results Realty is a
registered Real Estate Broker in The State of Ohio.
Therefore we are subject to certain laws and regulations that
pertain to our relationship with potential buyers and sellers of real
estate. Please review this
statement.
Great Results Realty, through
either our Internet web site, email, fax, US mail, or by phone, will
gather information about you concerning your ability to obtain financing
for the purchase of a home and what type of home you wish to purchase.
This information will include; name, address, contact
information, birth date, social security number, employment information
including income, current rent, assets, etc.
Great Results Realty also may ask you questions related to what
type and price of home, and what area you might be interested in living.
Any information is provided by you, we make no attempt to gather
any personal information that you do not give us.
After you have signed this
disclosure, and you have received a copy of the “Consumer Guide To
Agency Relationships” we will go about the process of
“Pre-Qualifying” you for a loan.
This is a free service and there is no obligation.
The following is the process we use to “Pre-Qualify” you.
1)
We transmit the information you provided us to a builder or
mortgage company of our choice. We
determine which builder or mortgage company by using our best judgment
based on your housing desires, income, and other criteria we believe
will best match you to an available loan.
2)
The builder or mortgage company will order your credit report
based on the information you provided to us.
This credit report is called a “tri-merge” report, because
the information is obtained from all 3 of the leading credit reporting
agencies. This information
will be available only to the employees and representatives of the
builder or mortgage company, and to Great Results Realty.
Your information and credit report will be considered
confidential outside of this group.
a)
Should it be determined that you have an opportunity to purchase
a home right away, you will be contacted by the builder, mortgage
company, or Great Results Realty representative to explore your options.
You agree that Great Results Realty will represent you in any
transaction as a “buyer’s agent”.
b)
Should it be determined, by the builder or mortgage company, that
you can not qualify for a home now, but with some credit counseling you
may be able to purchase in the near future, the builder or mortgage
company will contact you regarding services they offer to help you
repair your credit.
c)
Once you are qualified to purchase a home, Great Results Realty
will transmit your information, including credit report, to a builder or
Realtor that have homes that can meet your needs. You agree that Great Results Realty will act as your
“buyer’s agent” in this case as well.
These builders or Realtors will contact you to discuss the
possibility of purchasing a home.
d)
If it is determined through the builder or mortgage company that
you cannot qualify for a home in the near future, you will be notified
by either the builder, mortgage company, or Great Results Realty.
Great Results Realty, the mortgage company, or builder might
determine to keep your information “on file” for the purpose of
contacting you at a later date, to determine if you are then eligible to
purchase a home.
Great Results Realty will
attempt to keep all your personal information confidential and private,
outside of what was disclosed above.
By signing the “master receipt” you agree to hold Great
Results Realty, any builder, and/or mortgage company, and their
employees and/or representatives harmless from any fraudulent or illegal
use of your information, in the event a person collects your information
in any manner unauthorized by Great Results Realty or any builder and/or
mortgage company.
By signing the “master receipt”
you agree that Great Results Realty has your permission to provide your
personal information to a builder and/or mortgage company of its choice.
You also agree that what ever builder or mortgage company
receives your information, has your permission to review your
information, pull a “tri-merge” credit report, and “pre-qualify”
you for a loan. You also give Great Results Realty, the builder or mortgage
company your permission to contact you for additional information, or to
discuss your pre-qualification, by using the contact information you
provided.
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