In Monday November 24th 2014 there are sweeping and wholesale changes being made to the California Residential Purchase Agreement and Joint Escrow Instructions, and it is extremely important for all parties to the transaction to be familiar with the alterations and amendments. It is imperative that the South Orange County listing agents and selling agents (as well as their) brokers who will be representing the buyers or sellers have taken some new instructions prior to completing these new forms as to not place their clients in harm’s way or at any type of financial risk.
While it would be difficult to list all of the changes that are being implemented, just one of major ones is how the wood destroying pest report is disclosed. Another one is how solar panels installed on a home that are leased on home would transfer over to the new owner. If your South Orange County Realtor who will be creating this document is not familiar with the new verbiage, they could not only be leaving money on the table, they could put the entire transaction at risk as they possibly could be giving the buyer or seller the ability to rescind the contract at any point of the escrow, even putting the buyers initial deposit at risk.
It is extremely important that the South Orange County professional know exactly what point of the transaction that the transfer disclosure statement needs to be delivered as well as the seller property questionnaire. Was you home built before 1960? If your Real Estate Agent hasn’t asked you to sign an earthquake information booklet, something is wrong. There are important addenda and advisories that must be disclosed early on during the escrow process or your agent is not complying with the Residential purchase agreement. Having your real estate professional stay on top contingency removal throughout the escrow process is paramount to a successful close of escrow.
Before signing your RPA form make sure that the real estate company you are working with is fully compliant with the new wholesale changes that have been made to this important document and other related disclosures.
Orange County Cities and
Communities BanCorp Properties Serves In:
BanCorp Properties: Aliso Viejo Real
Estate & Aliso Viejo Homes For Sale | BanCorp Properties: Costa Mesa Real
Estate & Costa Mesa Homes For Sale | BanCorp Properties: Coto De Caza Real
Estate & Coto De Caza Homes For Sale | BanCorp Properties: Dana Point Real
Estate & Dana Point Homes For Sale | BanCorp Properties: Irvine Real Estate
& Irvine Homes For Sale | BanCorp Properties: Ladera Ranch, Real
Estate & Ladera Ranch Homes For Sale | BanCorp Properties: Laguna Beach Real
Estate & Laguna Beach Homes For Sale | BanCorp Properties: Laguna Hills Real
Estate & Laguna Hills Homes For Sale | BanCorp Properties: Laguna Niguel Real
Estate & Laguna Niguel Homes For Sale | BanCorp Properties: Lake Forest, CA
Real Estate & Lake Forest, CA Homes For Sale | BanCorp Properties: Mission Viejo Real
Estate & Mission Viejo Homes For Sale | BanCorp Properties: Newport Beach Real
Estate & Newport Beach Homes For Sale | BanCorp Properties: Corona Del Mar
Real Estate & Corona Del Mar Homes For Sale | BanCorp Properties: Newport Coast Real
Estate & Newport Coast Homes For Sale | BanCorp Properties: Rancho Santa
Margarita Real Estate & Rancho Santa Margarita Homes For Sale | BanCorp Properties: Dove Canyon Real
Estate & Dove Canyon Homes For Sale | BanCorp Properties: San Clemente Real
Estate & San Clemente Homes For Sale | BanCorp Properties: San Juan
Capistrano Real Estate & San Juan Capistrano Homes For Sale
BanCorp Properties: Central Costa Mesa
Real Estate & Central Costa Mesa Homes For Sale | BanCorp Properties: Eastside Costa
Mesa Real Estate & Eastside Costa Mesa Homes For Sale | BanCorp Properties: Mesa Verde (Costa
Mesa) Real Estate & Mesa Verde Homes For Sale | BanCorp Properties South Coast Metro
(Costa Mesa) Real Estate & Costa Mesa Homes For Sale | BanCorp Properties: Southwest Mesa
(Costa Mesa) Real Estate & Homes For Sale | BanCorp Properties: Capistrano Beach
Real Estate & Capistrano Beach Homes For Sale | BanCorp Properties: Dana Hills Real
Estate & Dana Hills Homes For Sale | BanCorp Properties: Del Obispo Real
Estate & Del Obispo Homes For Sale | BanCorp Properties: Lantern Village Real
Estate & Lantern Village Homes For Sale | BanCorp Properties: Monarch Beach Real Estate & Monarch Beach Homes For
Sale | BanCorp Properties: Ritz Cove Real Estate & Ritz Cove Homes For Sale | BanCorp Properties: Camino Real
(Irvine) Real Estate & El Camino Real Homes For Sale | BanCorp Properties: Laguna Altura
(Irvine) Real Estate & Laguna Altura Homes For Sale | BanCorp Properties: Northpark (Irvine)
Real Estate & Northpark Homes For Sale | BanCorp Properties: Northwood (Irvine)
Real Estate & Northwood Homes For Sale | BanCorp Properties: Portola Springs
(Irvine) Real Estate & Portola Springs Homes For Sale | BanCorp Properties: Quail Hill
(Irvine) Real Estate & Quail Hill Homes For Sale | BanCorp Properties: Rancho San Joaquin
(Irvine) Real Estate & Rancho San Joaquin Homes For Sale | BanCorp Properties: Shady Canyon
(Irvine) Real Estate & Shady Canyon Homes For Sale | BanCorp Properties: Turtle Ridge Real
Estate & Turtle Ridge Homes For Sale | BanCorp Properties: Turtle Rock Real
Estate & Turtle Rock Homes For Sale | BanCorp Properties: West Irvine Real
Estate & West Irvine Homes For Sale | BanCorp Properties: Westpark (Irvine)
Real Estate & Westpark Homes For Sale | BanCorp Properties: Woodbridge
(Irvine) Real Estate & Woodbridge Homes For Sale | BanCorp Properties: Woodbury (Irvine)
Real Estate & Woodbury Homes For Sale | BanCorp Properties: Covenant Hills
Real Estate & Covenant Hills Homes For Sale | BanCorp Properties: Laguna Village Real
Estate & Laguna Village Homes For Sale | BanCorp Properties: Laguna Canyon (Laguna
Beach) Real Estate & Laguna Canyon Homes For Sale | BanCorp Properties Nellie Gail Ranch
Real Estate & Nellie Gail Homes For Sale | BanCorp Properties: San Joaquin Hills Real
Estate & San Joaquin Hills Homes For Sale | BanCorp Properties: Rancho Niguel Real
Estate & Rancho Niguel Homes For Sale | BanCorp Properties: Ocean Ranch Real
Estate & Ocean Ranch Homes For Sale | BanCorp Properties: Niguel Summit Real
Estate & Laguna Summit Homes For Sale | BanCorp Properties: Kite Hill Real
Estate & Kite Hill Homes For Sale | BanCorp Properties: El Niguel Heights
Real Estate & El Niguel Heights Homes For Sale | BanCorp Properties: Bear Brand Ranch
Real Estate & Bear Brand Ranch Homes For Sale | BanCorp Properties: Beacon Hill Real
Estate & Beacon Hill Homes For Sale | BanCorp Properties: Portola Hills Real
Estate & Portola Hills Homes For Sale | BanCorp Properties: Foothill Ranch
Real Estate & Foothill Ranch Homes For Sale | BanCorp Properties: Palmia Real Estate
& Palmia Homes For Sale | BanCorp Properties: Pacific Hills
(Mission Viejo) Real Estate & Pacific Hills Homes For Sale | BanCorp Properties: Lake Mission Viejo
Real Estate & Lake Mission Viejo Homes For Sale | BanCorp Properties: Casta Del Sol Real
Estate & Casta Del Sol Homes For Sale | BanCorp Properties: Aegean Heights
(Mission Viejo) Real Estate & Aegean Heights Homes For Sale | BanCorp Properties: West Bay (Newport
Beach) Real Estate & West Bay Homes For Sale | BanCorp Properties: Upper Newport Bay
(Newport Beach) Real Estate & Upper Newport Bay Homes For Sale | BanCorp Properties: One Ford Road
(Newport Beach) Real Estate & One Ford Road Homes For Sale | BanCorp Properties: Newport Shores
(Newport Beach) Real Estate & Newport Shores Homes For Sale | BanCorp Properties: Newport Heights
(Newport Beach) Real Estate & Newport Shores Homes For Sale | BanCorp Properties: Newport Harbor
(Newport Beach) Real Estate & Newport Harbor Homes For Sale | BanCorp Properties: Lower Newport Bay
(Newport Beach) Real Estate & Lower Newport Bay Homes For Sale | BanCorp Properties: Harbor Ridge
(Newport Beach) Real Estate & Harbor Ridge Homes For Sale | BanCorp Properties: East Bluff (Newport
Beach) Real Estate & East Bluff Homes For Sale | BanCorp Properties: Dover Shores
(Newport Beach) Real Estate & Dover Shores Homes For Sale | BanCorp Properties: Corona Del Mar, CA
Real Estate & Corona Del Mar Homes For Sale | BanCorp Properties: Big Canyon Real
Estate & Big Canyon Homes For Sale | BanCorp Properties: Belcourt (Newport
Beach) Real Estate & Belcourt Homes For Sale | BanCorp Properties: Bay Shores
(Newport Beach) Real Estate & Bay Shores Homes For Sale | BanCorp Properties: Balboa Peninsula
Real Estate & Balboa Peninsula Homes For Sale | BanCorp Properties: Balboa Island Real
Estate & Balboa Island Homes For Sale | BanCorp Properties: Pelican Ridge
(Newport Coast) Real Estate & Pelican Ridge Homes For Sale | BanCorp Properties: Pelican Point
(Newport Coast) Real Estate & Pelican Point Homes For Sale | BanCorp Properties: Pelican Hill
(Newport Coast) Real Estate & Pelican Hill Homes For Sale | BanCorp Properties: Pelican Crest
(Newport Coast) Real Estate & Pelican Crest Homes For Sale | BanCorp Properties: Ocean Heights
(Newport Coast) Real Estate & Ocean Heights Homes For Sale | BanCorp Properties: Newport Ridge
(Newport Coast) Real Estate & Newport Ridge Homes For Sale | BanCorp Properties: Crystal Cove Real
Estate & Crystal Cove Homes For Sale | BanCorp Properties: Wagon Wheel Real
Estate & Wagon Wheel Homes For Sale | BanCorp Properties Robinson Ranch Real
Estate & Robinson Ranch Homes For Sale | BanCorp Properties: Rancho Cielo Real
Estate & Rancho Cielo Homes For Sale | BanCorp Properties: Las Flores Real
Estate & Las Flores Homes For Sale | BanCorp Properties: Dove Canyon, CA
Real Estate & Dove Canyon, CA Homes For Sale | BanCorp Properties: Talega Real Estate
& Talega Homes For Sale| BanCorp Properties: Rancho San
Clemente Real Estate & Rancho San Clemente Homes For Sale | BanCorp Properties: Marblehead (San
Clemente) Real Estate & Marblehead Homes For Sale | BanCorp Properties: Forster Ranch Real
Estate & Forster Ranch Homes For Sale | BanCorp Properties: Coast District
(San Clemente) Real Estate & Coast District Homes For Sale | BanCorp Properties: Ortega Area (San
Juan Capistrano) Real Estate & Ortega Area Homes For Sale | BanCorp Properties: Mission Area (San
Juan Capistrano) Real Estate & Mission Area Homes For Sale | BanCorp Properties: Hunt Club (San
Juan Capistrano) Real Estate & Hunt Club Homes For Sale
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