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Richard Janiczek -Chicagoland Housing Solutions - Lease and Option Agreements

  • 1.  Richard Janiczek -Chicagoland Housing Solutions - Lease and Option Agreements

    Posted 06-17-2015 09:45
    as requested,


    > On Jun 16, 2015, at 7:44 PM, Allison Bell <aliandthebellboys@yahoo.com> wrote:
    >
    > Thanks Richard, I cc'ed jerry on this email. He can forward the most current documents that he has saved on his computer as we are both traveling. Jerry, please send him a copy of Wells Fargo and banco popular statements from Dropbox when you have a chance.
    >
    > Jerry and I will have to talk about the cash required to complete the other conditions. Hopefully we can work something out, especially regarding the taxes that are only due next year. Like I said on the phone, most of our available funds will be needed for deposits for the builder that will be returned at closing.
    >
    > Thanks for your help, let's just get these documents to you and at least get the process started.
    >
    > If jerry can't provide anything now, I will be home Saturday.
    >
    > Thanks,
    > Allison
    >
    > Sent from my iPhone
    >
    >> On Jun 16, 2015, at 5:10 PM, Richard Janiczek <richard@allamericanhomebuying.com> wrote:
    >>
    >> Hi Allison,
    >>
    >> I was able to get some basic agreements together to start this process. We will
    >> have to work out the details based on the information that we get in regards to
    >> the loan information that we need before we can sign anything. You will note
    >> that these documents reflect that we will lease your house based on making the
    >> payments for the loans, taxes and insurance, assuming that you gave me the
    >> correct numbers when we first talked. Furthermore, you will be required to be
    >> current on your mortgage payments and taxes. You will be required to fund an
    >> escrow account for payment of the prorated taxes that you would be responsible
    >> for at the time of the lease and option agreement. We will have to work out the
    >> details of the additional cash or mortgage payments that you would need to make.
    >> If you desire to lease the property back, we will have to work out those
    >> details also, generally in a simple hold over agreement.
    >>
    >> So the attached docs handle everything except the additional cash that you would
    >> be paying at closing (or if you opt to make the three additional mortgage
    >> payments as mentioned earlier).
    >>
    >> I need you to send me a copy of the latest statements of both mortgages, and
    >> inform me of the status of the property taxes owed currently..
    >>
    >> I am willing to work with you to find a solution and help you get what you want.
    >> I hope that we can find a way to make this happen. Please send me the required
    >> docs as soon as you can.
    >>
    >> Thank you,
    >>
    >> Richard Janiczek
    >> Manager, Chicagoland Housing Solutions LLC
    >> 708-738-9512
    >>