

CONDOMINIUM
BUYER
APPLICATION
Congratulations on the work you’ve done to get here.
This buyer application is for a condo unit located in a property managed by E.T. Property Management, Inc. Each buyer must submit their own application.
If you have any questions about the application process you can contact chastity.cortijo@etproperty.management .
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CLICK HERE TO DOWNLOAD THE CONDO BUYER APPLICATION
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Documents required to submit with this form:
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Proof of identity - Photo ID (copy of passport, drivers license, etc)
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Proof of residency (cable bill, utility bill, etc)
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Proof of employment and income (3 recent paystubs or 2 years tax return)
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Reference from employment
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Personal reference
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Executed sales contract
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Mortgage commitment letter
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Background screening form - Download HERE
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House Rules Acknowledgement - ​Sign all pages of the associations house rules. Should be obtained by the seller/seller’s agent.
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Application fee payment - Sent via WAVE invoice once we receive your application
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ETPM reserves the right to ask for additional documents should we deem necessary.
Fees associated with this application:
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$750 per application [includes 1 co-applicant] which covers administrative handling and 1 (one) background/credit screening
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$100 per co-applicant background/credit screening
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Co-applicants must complete a separate application and submit respective documents.
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Send the application to the SELLING AGENT.
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Once the application is received by management, an invoice will be sent to the buyer from management via an invoicing app called WAVE.
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Any other payments that will be made at closing [moving deposits & fees] should be made out to the association. Refer to the financial statements of the association for the official name.
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What's next? Once a buyer application is submitted:
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ETPM will invoice the buyers for their application fees.
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Background screening on applicant[s] is submitted to third party vendor.
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After the invoice is paid, the buyers' package is sent to the board for their review & waiver.
***Most condos typically have between 20 to 30 days to waive their right of first refusal and approve your purchase***
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Lender questionnaire & document request is submitted to the buyers' lender.
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Legal document requirements are submitted to the buyers' lawyer.
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Board review is complete, follow up questions addressed.
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A waiver for the right of first refusal is delivered to the selling agent.
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Seller's agent notifies management of the closing date and potential move in date.
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Sellers' notify management of their move-out date.
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New owners' notify management of their move-in date.
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New owners are added to Buildium, and introduced to their buildings & management's process.
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Moving Rules, Certificate of Insurance Requirements & Building Guidelines ​can be found HERE.
Certificate of Insurance Guidelines
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COI's are required anytime a vendor is hired to perform work or service within the building or a unit. This includes but is not limited to moving, renovation, painting, repairs, some inspections, major appliance & furniture deliveries. If you have questions about whether or not you will need to submit a COI you can contact us at info@teametbk.com.
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The hiring party is listed as the certificate holder.
All other parties listed below are listed as additional insureds.
Each occurrence limit must state $1,000,000
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COIs [Certificates of Insurance] should be created & filed for all 3 entities below:
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Unit Owner(s) (i.e. Earl E. Bird 123 Main Street Unit 2 Brooklyn, NY 11201)
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The Condo Association Name (i.e. 123 Main Street Condominiums 123 Main Street Brooklyn, NY 11201)
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ET Property Management, Inc 134 8th Street Brooklyn NY 11215