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2013-162
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2013-162
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Last modified
12/8/2015 9:36:06 AM
Creation date
10/1/2015 5:32:12 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Miscellaneous
Approved Date
08/20/2013
Control Number
2013-162
Agenda Item Number
12.A. 1
Entity Name
Habitat for Humanity
Subject
Neighborhood Stabilization Program 3
Amended and Re-stated Neighborhood Stabilization
Single family, redevelopment Sales Program Manual
Alternate Name
INSP3
Supplemental fields
SmeadsoftID
12164
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d ) Evidence that the property is foreclosed , abandoned or <br /> vacant . <br /> E . Properties with Accessory Structures Requiring Demolition <br /> Written advance permission of Grantee must be obtained before offers may be made on <br /> properties on which accessory structures are blighted or beyond repair and therefore <br /> require demolition . Deteriorated accessory buildings that may require demolition must <br /> be included in the work write- up and cost . Upon Grantee approval of project work <br /> write- ups or plans and specifications, those accessory buildings may be demolished . <br /> F . Purchase Offers <br /> Developer will manage purchase offers as follows . <br /> 1 . Execute and transmit purchase agreement to seller with the <br /> required conditional purchase agreement addendum . Include with the <br /> transmittal a Seller Certification Form to be executed by the seller. See Appendix <br /> B . If the seller will not execute the certification form , assure that other due <br /> diligence is completed to determine that no tenant has occupied the property <br /> since the seller took possession of the property, is currently occupying the <br /> property or will be permitted to occupy the property before the sale is <br /> complete . <br /> 2 . Obtain written approval via email or hard copy from Grantee prior <br /> to expiration of due diligence period in purchase contract . <br /> G . Environmental Review <br /> Grantee is responsible, at its own expense, for completing Tier 1 environmental <br /> assessments of NSP3 target areas . Developer will complete a Tier 2, site-specific <br /> environmental review, for each property to be acquired using the following steps : <br /> 1 . Complete Grantee' s ER form . <br /> 2 . Submit the completed ER form to Grantee . <br /> 3 . When Grantee has given written approval or denial of the ER, <br /> inform the seller. If the ER is denied , abandon the transaction . Approval must <br /> be obtained before closing the purchase of the property. <br /> H . Appraisals <br /> Developer will obtain appraisals as follows : <br /> 7 <br />
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