You’ll need to submit 3 documents along with the standard NC form 2-T:
- Due diligence addendum - Once diligence period is over, this legally binds Ribbon to purchase the home if your buyer can not, guaranteeing the offer closes.
- Ribbon Proof of Funds - Ribbon provides a Proof of Funds that we can purchase the home as a backup buyer in case your buyer cannot close in time.
- Ribbon Approval Letter - Similar to a lender’s pre-approval except it is a 100% approval and specific for this property. No more underwriting of the buyer or property is required at this point.
Get Ribbon Certified to use these. We can walk you through the details.