Spectrus Real Estate – Property Purchase Process
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- Buyer reviews property details and conducts preliminary due diligence.
- Please contact a Spectrus representative for property details
- Buyer signs all purchase documents.
- Vesting instructions
- Purchase and sale agreement
- Master lease view summary (if applicable)
- Owner agreement view summary
- Loan assumption agreement
- Buyer has 10 business days to perform remaining due diligence to its complete satisfaction
- Buyer and seller close the agreement and sign the following documents.
- Due diligence completion acknowledgement
- Escrow closing documents
- 1031 accommodator documents
- Buyer has funds transferred, receives deed and rental payments begin.
- Rental payments begin the month after closing and are prorated for the month of closing
- Deed received in 60 to 90 days from the county recorder
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Investment Real Estate Information
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