How to Explode Your Real Estate Investing Career Using Transactional Funding and Where to Get It! Florida Residents Only By Dave Dinkel

INDEX Topic

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What is Transactional Funding?

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The Actual Process of Transactional Funding

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What Does Transactional Funding Cost?

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Funding Schedule for HRS

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What Are Some FAQ’s?

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In Summary

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HRS Funding Request Form

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Terms and Conditions

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GENERAL DISCLAIMER The Author is not an attorney, CPA, or a Realtor® and any information derived or found in this book is NOT to be construed as legal or accounting advice. See an Attorney or CPA if you have any questions about statements in this book before you take any legal or accounting action on your own. The Author’s comments about Realtors®, Real Estate Investors, Attorneys, and any other professions mentioned in this book are not meant to be any indictment of character or generalization about any group or any individuals. The Author believes any and all statements in this book are true to the best of his knowledge. For no specific reason, other than to save space, we have used the male gender (his, he) in all places where the female gender (her, she) would fit equally as well. Limits of Liability and Disclaimer of Warranty: The author and publisher of this material have used their best efforts in preparing this information. Dave Dinkel and/or Heritage Realty Services, Inc. make no representation or warranties with respect to the accuracy, applicability, or completeness of this material and its contents. They disclaim any warranties either expressed or implied, merchantability, or fitness for any reason or particular purpose. The author, publisher, and the above mentioned companies shall in no event be held liable for any loss or other damages, including but not limited to special, incidental, consequential, or other damages. The advice of competent legal and tax or accounting professionals should be sought if the purchaser has any questions whatso-ever. This Manual contains material which is protected under Federal and International Copyright Laws and Treaties. Any unauthorized use of this material will result in severe civil and criminal penalties. Violating parties will be prosecuted to the fullest extent of the law. All rights reserved.

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What is Transactional Funding? Transactional Funding in real estate transactions is money that is used for the purchase of a property and returned within one to two days from the proceeds of the sale of the same property. This type of “Flash or Instant” funding allows an investor who has no money to purchase and legally sell his property to an end-buyer and make a profit after all costs. The investor will need no money of his own unless he puts up an Earnest Money Deposit (EMD), no credit check and there should be no risk in the actual transaction. This “quick” purchase from a property owner and same-day resale to an endbuyer is known as a “Double Closing”. This technique of reselling of flipping a property is used worldwide for the purpose of facilitating the purchase and sale of anything where the investor buyer has another buyer but he has no money himself to purchase the property from the original seller. Transactional Funding is typically used in real estate investing for the initial purchase of a property that will be resold preferably in the future but on the same day to an end-buyer. The end-buyer must have cash to close an or have approved hard loan in place. Despite what so many real estate agents, closing agents and even some attorneys believe, so-called “flipping” is not illegal if done properly. If you are talking to a closing agent or Realtor® who says that all flipping is illegal, immediately find another closing agent, attorney or Realtor® who is actually informed about real estate law. A few Realtors® will point to a Delaware case where two real estate agents went to prison, not for flipping a property, but for fraudulently withholding a higher offer from the seller and buying the property themselves and reselling at a huge profit. If fraud is involved in the transaction, the flip is illegal, otherwise it is NOT. It has been estimated that over $100,000,000 a week of Transactional Fundings are used for real estate closings. This begs the question, “How can so many deals be funded with Transactional Funding if flipping is illegal?”

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WARNING - The end-buyer’s money for his purchase of the property MUST be wired into the closing agent’s escrow account. To make the transactions as fraud-proof as possible, only domestic wired funds should be used in both “legs” of the transaction – no money orders, cashier’s checks or international wires. The initial parties to the transaction are the original seller referred to as the “A” party, the investor buyer “B” and the end-buyer “C”. The A – B part (“leg”) of the transaction is where the Transactional Funding is used to purchase the property. The second closing or B - C leg is where the end-buyer’s money (C’s) is used to finalize the second leg of the transaction. There can be many legs in the actual transaction such as A – B, B - C, C – D, D – E and on and on as long as the last leg closes on the same day the closing funds supplied are called Transactional Funding. Transactional Funding is necessary mostly because the closing agent decides that it is necessary to avoid some legal entanglement if the investor-buyer has no money to close with the original seller. If the end-buyer “C” is a cash buyer and does not borrow any money from a conventional lender to purchase the property, there should never any problem using Transactional Funding to close the A – B leg. A little known fact that happens sometimes is for the investor to use the endbuyer’s money for the A – B closing. But this is legal only if the C buyer is fully disclosed in writing and also agrees in writing and that his funds are being used to close the A – B leg. Asking the end-buyer to use his money to close the A – B leg can cause the endbuyer to get scared of the transaction or even cancel his purchase which would also kill the A – B leg. For the sake of saving a few dollars, trying this tactic could kill your deal – even though it is legal if done properly. Most closing agents do not like to use this method mostly for personal liability reasons and because they rise the end-buyer cancelling and their not getting paid for the work they have put into the closing. Using the end-buyer’s funds to close the A – B leg is controversial among closing agents so ask if your potential closing agent will possibly sue the end-buyer funds to close otherwise you could be in for a surprise at the closing.

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Uninformed closing agents want to protect themselves so much that they may ask the original seller’s and the end-buyer “C” to sign disclosures that state the property is selling for a “profit the same day” and they may even disclose the profit, which almost always kills the deal. Realistically, why does it matter to the seller’s and the end-buyer if the investor has no money of his own invested in the deal? It only matters because they do not want to see investors make a profit that they believe they are leaving on the table because they have been “defrauded” of in some way. Note - Transactional Funding is not necessary if you have an Assignment of Contract clause in your Contract with your seller (“A”). Just realize that at the closing the seller will see exactly how much of a profit you are making and your end-buyer will also see this profit. No matter how much it is, either the seller or end-buyer may object and kill your deal. Don’t be “Penny wise and pound foolish!” as the old adage goes!

The Actual Process of Transactional Funding The actual process of Transactional Funding is as follows: 1. Person providing the transactional funds gets copies of the HUD-1Closing Statement for the A – B leg and the B – C leg so he is sure the second leg is in place to close. 2. The closing agent’s representative and the investor should have signed whatever documentation the Transactional Funder provided at or before this time. The Transactional Funding Agreement is a legal document that states the terms and conditions for the use of the Transactional Funds. It only authorizes the closing agent to use the funds as described in the Agreement. For example, the closing agent must have cleared funds by wire from the end-buyer’s funds before using the Transactional Funds for the A – B closing.

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The Transactional Funds should be wired out the same day or the day before the transaction closes and preferably should be the same day the “C” buyer’s funds are wired in). 3. The Transactional Funder checks with the closing agent to make sure the end-buyer “C” has cleared funds in the closing agent’s escrow account – wired funds only, no money orders or cashier’s checks as they can be stopped or counterfeited easily. Only after the funds are in the closing agent’s account does the Transactional Funder go to Step 4. 4. Transactional Funder wires 100% of the amount due from the B buyer (investor) to close on the A – B leg into the closing agent’s escrow account. This money transfer depends on the amount of time his bank takes to wire the funds and how soon the closing agent’s bank shows receipt of the funds. Some banks like to “ride the float” and hold wired funds for hours or even a full day after it has been wired. 5. Once the wired funds are in place for both sides of the transaction, the closing agent will “close” and have all parties to the transaction sign the required documents to transfer title of the property from A – B and then in a separate closing from B – C. Either leg of the transaction can be done first, but traditionally the A – B leg is done first. 6. When the signed documentation for both legs of the transaction is completed, the closing agent can pay the sellers their proceeds from the sale. Once the B – C leg has closed the investor “B” will get paid the “spread” or profit on the transaction and the Transactional Funder will be paid his loan amount plus interest and any fees such as wire charges. The investor’s profit spread is not necessarily the real profit on the deal as he may have had additional expenses not shown on the HUD-1 Closing Statement. In addition, the investor may have put up an EMD which is coming back to him in the proceeds of the B – C closing and included in the profit on the HUD or Closing Disclosure (“CD”).. 7. The original Transactional Funding amount along with the expenses and charges for the use of the Transactional Funds will be wired out the same day preferably immediately after the B – C closing or as soon as possible thereafter – but it should be the same day as required by the Transactional Heritage Realty Services, Inc. © and Dave Dinkel © 2013 - 2016

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Funding Agreement. The transaction is now complete for the Transactional Funder but not legally until the deeds from the “A” and “B” sellers are recorded. The following excerpts are taken from an actual double closing to show where the debits and credits are recorded on the B – C HUD-1 Statement. I have blocked out the name of the Transactional Funder in this case for his privacy.

The following is an excerpt from page 2 of the HUD-1 Closing State for the B - C leg of the same transaction showing the “Funding Fee” to the investor (B). The actual profit on this no money out-of-pocket by the investor was $51,835.53.

What Does Transactional Funding Cost? What is the cost of Transactional Funding? Remember that whatever the cost, the reason to use it is because you need the money to close and you have no other choice except to borrow the money and pay the fees. Frankly, the cost shouldn’t matter. Having said that, it should be your object to get the lowest possible cost because the money you pay for Transactional Funding is “pure” profit out of your pocket.

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There is no “rule of thumb” as to what you should pay but one to two points is normal. If you are pressed to close, pay what you must but start looking for as many sources as possible as soon as possible. Unfortunately, some so called “Transactional Funders” charge fees that can be more than the points a hard money lender might charge. I have seen desperate investors pay ½ of the profit on the deal just so the deal would close. In one instance, this amount was over $10,000 to the Private Money Partner for a property that originally cost only $20,000! Don’t let this happen to you – planning ahead is the best way to solve this potential problem. The “raw” or base cost of Transactional Funding is the points you’ll be charged on the amount you need for closing. One point is one percent, for example, if you need $100,000 and you pay two points, your cost would be $2,000 plus any additional fees charged by the Transactional Funder. Likewise, if the amount needed to close the first leg is $400,000, the Transactional Funding would cost $400,000 x 2% = $8,000 for about a ½ day’s use of someone else’s money. Again, if you need the money and you have a profit, this cost is irrelevant.

Following is a fee schedule of the current funding costs that are available through Heritage Realty Services, Inc. (“HRS”) to Florida residents only: Rates for Transactional Funding: $10,000 - $500,000 $500,001+

1.0% (1 Point) + a $50 wire fee by negotiation only

Note - no additional fees are required by Heritage Realty Services, Inc. For Example:

Amount of Transactional Funding (A – B leg)

Cost of Funding*

$50,000 $178,123.56

$500 + $50 = $550 $1,781 + $50 = $1,831

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$250,000 $350,000 $500,001+

$2,500 + $50 = $2,550 $3,500 + $50 = $3,550 Call for Quote

Available throughout Florida only. *Closing agent may charge wire fees, doc prep or other fees – check with the closing agent before your actual closing to see if any of these fees apply. It may be possible for one our Premier Closing Agents to close the B – C leg while another closing agent closes the A – B, however, these transactions must be approved at least one week in advance and additional fees may apply. (The fees noted above are subject to change without notice, see additional requirements at the end of this Report)

The Heritage Realty Services, Inc. procedure for Transactional Funding is simple and starts as shown below –

1. Fill out and sign the HRS Funding Request Form for a preliminary approval 2. Send us your A – B Seller signed Purchase Contract and your B – C Buyer signed Sales Contract 3. Send us the Contact info for the Closing Agent 4. Complete any additional required closing documents 5. Send HRS the final HUDs or CD’s. 6. Sign HRS Final Funding Agreement if applicable 7. Close A – B and B – C Transactions 8. Investor gets paid, HRS is wired Transactional Funds, End-buyer gets a recorded deed to the property and seller has his proceeds from the sale.

The goal in any transaction is to get it closed so everyone involved in the transaction gets paid and the investor makes a profit. Listen to what the closing agents are telling you that is needed because they always have the ultimate “control” of the actual closing. If the deal doesn’t close as it should have, the Transactional Funder may be agreeable to extend the time the closing agent can hold the funds, but he will likely require an additional cost for this extension and if it is too long, he may cancel his funding and have his money returned. He may then send them back later when the A – B and B – C legs are ready to close.

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Private funders will sometimes extend the time to get their money back if the A – B leg closes and the B – C leg is delayed for a justifiable reason. A common reason for this request is when the end-buyer (“C”) wires in the funds but won’t close until the deed from the “B” buyer is recorded in the public record. Don’t be afraid to ask because you never know what a Lender will do – even if it involves turning the funds into a short-term hard money loan. The lender may decide not to close at all and your deal could be dead. Some other sources for Transactional Funding include: 1. Hard-money Lenders – they are familiar with the process and should be able to act quickly. Their additional fees can be onerous because the points are not the only consideration. In some cases their “junk” fees can be higher than their points so check ahead and get at least two quotes before you act. 2. Private Money – these are individuals who make available their “safe” money from Certificates of Deposit, savings accounts and retirement plans. You’ll need to make a written presentation about how the process works and maybe have them talk to the closing agent if necessary. They will need to trust your judgment, not make the decision based on any particular property – just the deal as you have it. If they start second guessing you on “How good the deal is or is not” you’ll never close timely. 3. Closing Agents – Some closing agents who aren’t all that informed will tell you that it is illegal to do simultaneous closings and that’s plain wrong! The more informed closing agents who provide referrals to Transactional Funding so that they can close the deal.

What Are Some FAQ’s? “What Types of Deals Qualify for Transactional Funding?” Typically, only one to three-day transactions with the same closing agent qualify. There are exceptions and you should ask your potential Transactional Funder about the A – B closing agent being different than the B – C closing agent. If you need a loan for 30 or 60+ day, you should seek out a hard money lender. “What are Transactional Funds used for?” Usually these funds are used to close the A – B leg of short sales, REOs and purchases from property owners Heritage Realty Services, Inc. © and Dave Dinkel © 2013 - 2016

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directly where the investor buyer (B”) does not have the funds to purchase the property and resell it to an end-buyer. “What about Deed Restrictions?” Deed Restrictions are rarely found in commercial property transactions but have increasingly been occurring with REOs and short sales. These restrictions technically stop the transfer of the ownership of the property for a specified period after the A – B closing – usually 30, 60, 90 or 180 days. There are a number of ways to legally overcome these onerous requirements, see http://www.DeedRestrictionsBeGone.com for more information. “Can I tell the seller that I have cash to close?” Yes, if you and your deal are approved for Transactional Funding, you will have cash to close when you get to the closing table so call it a “cash transaction”. Some Realtors® and even a few closing agents may differ with you but just get to the closing table and everyone will be happy! “Does Transactional Funding cover all my costs on the A – B leg?” Transactional Funding typically is provided for the FULL amount of money required by the Buyer to close on the A – B HUD-1 Closing Statement or the new Closing Disclosure (“CD”) as it is known. This includes the B Buyer’s closing and other costs and may even provide for an escrow deposit if the B Buyer has not already deposited one with the closing agent. “How important is my credit score?” Your credit score matter does not at all and your credit report will not be pulled by the Transactional Funder. If your potential funder says he “has to” find another one who won’t – this is the realm of hard money lenders who frequently pull borrowers’ credit reports! “Can I get a Proof of Funds?” A proof of funds (POF) can be had from some Transactional Funders and this is a good question to ask your potential Funder. I have included a section on “How to get a FREE POF” and it shows all the choices you have. “How much money can I get?” This is sole a function of what the Funder has available at the time and date you need it. Always ask your Funder how much you can get because he may have to reserve or arrange for it on the date you need it. If you find at the last minute that your Funder doesn’t have the funds it is likely because another transaction didn’t’ close timely and his money is not yet available. Don’t blame him, blame the other investor who didn’t close timely. Heritage Realty Services, Inc. © and Dave Dinkel © 2013 - 2016

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How to Get a FREE Proof of Funds In real estate investing it is rare for the actual seller of a property to request a buyer to show that he has the money to purchase his property. This document is often referred to as a proof of funds (“POF”) and should be a bank or money market statement. Some sellers will accept another document called a Letter of Credit (LOC) that shows the buyer has cash available for closing as a preapproved loan. If it’s that simple, then what’s so special about it? Many investors try to do wholesale deals by contracting with a seller and then finding a buyer before actually closing with the original seller. This practice is called wholesaling and is not illegal despite what some Realtors® and ironically even some closing agents think. To make this transaction complete the end-buyer needs to have cash to purchase the property or at least have a hard money lender ready to loan the funds to close on the second part of the transaction often referred as B – C “leg”. An experienced investor will have access to a POF or a loan commitment from a hard money lender. Realtors® working for sellers’ listing agents only make a commission if the property sells and closes. Investors can be a headache for listing agents as they are not serious buyers unless they can make a profit on the wholesale transaction. The agent only cares about the buyer closing and is not really concerned if the buyer (investor) will make a profit. In the mind of a listing agent and some lenders’ representatives who are involved in short sales and REOs, a POF from a buyer means he has the ability to close with cash. These cash buyers are greatly preferred to buyers who need a conventional or even a hard money loan. If a buyer doesn’t close then everyone in the transaction is a loser. This is the reason some experienced listing agents request a POF from a buyer. Some investors have gone to the extent of manufacturing a POF from their existing bank statement by using a pdf editor. However this practice eventually catches up to them and sometimes with disastrous results. Most often the Short Sale or REO lender gets a falsified POF from an investor and if the POF is from their bank, they check the account balance. If the bank gets a POF from an investor that is not from their bank, they cannot check to see if it is falsified. The Heritage Realty Services, Inc. © and Dave Dinkel © 2013 - 2016

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lenders that seem to be most careful are Bank of America and Chase and they even call if they have a phone number. The preferred way, if the investor has limited or no money, is to contact a professional lender who will supply a POF as part of their funding process. When the investor finds a buyer and goes to close, he can use transactional funding for the purchase from the original seller. The investor’s buyer will use his or borrowed funds to close on the same day and the investor will walk away with his profit and not having had to put any money in the transactions. Some hard money lenders and transactional funders provide POF’s to their prospective borrowers. Some also require a potential borrower to pay a membership fee or a one-time charge. Whether the POF is free or has a cost, an investor’s ability to have seller’s sign his contract is greatly enhanced by having a POF. Some ways to get a POF is to 1. Ask friends or family members for a POF and add them to your Purchase Contract if necessary to make them feel their money is safe – despite their not needing their money to close. 2. Go online and Google® “Transactional Funding” and look at every site that offers Free or low cost POF-- some of these sites include – www.BestTransactionalFuning.com Free www.LimaOneCapital.com Free www.FundAFlip.com Free www.OneDayFunding.com Free www.REIFunding.com Charge ½ of 1% of loan amount with a minimum of $250 for POF www.ShortFunding.com Free www.VisionGlobalCapital.com Free Is it “fair” to use one of the Free POF’s above and then use us to fund your deals? This is simply business and what is in your best interest should prevail. If any of the above lenders will meet or beat our rates, use them. Otherwise save tens of thousands of dollars and use us to fund your deals until you have your own POF. Heritage Realty Services, Inc. © and Dave Dinkel © 2013 - 2016

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In a few rare cases a seller will ask that the POF be in the actual name of the buyer. This can be a problem but can be addressed in a couple of ways. The simplest answer is to go on to the next deal but that means losing a potential wholesale profit. The investor may be able to get the POF provider to transfer the funds to the investor’s account but this is only likely if the investor is very familiar to the funding source or the source is a friend or family member. The other option is to have the investor add the POF provider to the contract with the seller. In summary, having a POF for making offers can greatly enhance your ability to get sellers to accept your offer over other investors but you should be able to get one without spending thousands of extra dollars!

In Summary Using Transitional Funding will greatly increase an investor’s ability to do more deals without having any money of his own. Most investors focus on using Transactional Funding for “seamless” closings of the A – B legs of REO’s, short sale closings and with sellers directly. Ideally, an investor would like to get an Assignment of Contract and pay no closing costs. We know of no REO asset managers and Short Sale loss mitigation reps who will allow Assignments of Contracts. The other issue is the profit on the B – C leg may be so large that the “A” Seller and the “C” Buyer think they were cheated and they don’t close. The “size” of the profit that is tolerable by the original Seller and the End-buyer is an emotional issue. Some will say a $2,000 profit is too much and others won’t flinch at a $15,000 profit. However, you always run the risk that by simply trying to save money on a second closing, you lose the deal. Not having money to do deals is one of the biggest obstacles that stop uniformed investors dead in their tracks from getting doing deals. There is absolutely no reason why this should happen. Understand what Transactional Funding is all about and find the sources that you can use when you need them. Heritage Realty Services, Inc. supplies Transactional Funding to investors who are looking to fund an A – B closing where they already have an end-buyer in place and are ready to close and a property in Florida. The time to qualify is as Heritage Realty Services, Inc. © and Dave Dinkel © 2013 - 2016

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little as 24 hours, more time is appreciated but we understand the nature of private funding that disappears at the last minute. We recently did Transactional Funding for an investor and Student of ours who netted a $79,000+ profit on an A – B and B – C closing that he could have never raised the $680,000 needed for the transaction. In fact he had no money whatso-ever in the entire deal! Ask yourself the question, “Why not me?” Call us with any questions you have about your deals or as an investor. We have been real estate investors in Florida since 1975. We can offer referrals to hard money lenders if you need to close on a property to rehab it or to keep it as a rental until you refinance it. To your limitless success, Dave Dinkel 954-274-1003

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th

209 NE 95 Street, Suite #7 Miami Shores, FL 33138

Off – 954-399-3678 Fax – 954-987-8019

“Serving Floridians Since 1975”

Transactional Funding Request Form Date of this Application _____/_____/201__ Who is the Buyer (“B”) in this transaction? ________________________________ Contact Information: Borrower’s Name ________________________________ Mailing Address, no PO Boxes or Fed Ex (UPS) corner stores _______________________________ _______________________________ _______________________________ Cell # ___________________________, Home # ________________________ Who is the End-Buyer? ______________________________ Contact Information: Mailing Address, no PO Boxes or Fed Ex (UPS) corner stores _______________________________ _______________________________ _______________________________ Is the End-buyer related in any form or fashion to the Buyer “B”? [ ] Yes [ ] No Address of the Property _________________________________________ Purchase Price $ ________________ How much is your Earnest Money Deposit? _______________ Sale Price $________________ How much is your End-buyer’s Earnest Money Deposit? _______________ Expected Closing Date _______________ Is the property a [ ] short sale, [ ] REO or [ ] Property owner selling to you? Is there a deed restriction? [ ] Yes [ ] No Please send this preliminary Request Form to [email protected] or fill out the same form online at www.TransactionalFundingFL.com Heritage Realty Services, Inc. © and Dave Dinkel © 2013 - 2016

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Terms and Conditions for Transactional Funding with Heritage Realty Services, Inc. Funding Fee The funding fee for any transaction is one (1) Point (1%) of the funding amount needed to close the A – B leg of the double closing plus a $50 wire fee. Lender reserves the right to change this fee if there are Special Circumstances.

Special Circumstances and Terms and Conditions Special circumstances are defined as any situation or requirement by the borrower or the seller that are outside the parameters of the usual transactional funding. These parameters can be, but are not limited to, borrowers unwillingness to sign any required lender documents, last-minute change of funding amount, end-buyer not sending his purchase funds timely, end-buyer not willing to sign any necessary documents for the closing, any business or personal relationship between the investor buyer and the end-buyer (“C”) or any situation or other reason deemed unusual by the transactional funding lender. Note - no additional fees are required for Heritage Realty Services, Inc. unless the transaction does not close timely. If that is the case, the borrower may be required to sign additional documents to protect the lender’s funds including but not limited to, a quitclaim deed or mortgage and note on the subject property. Closing Agents may charge wire fees, doc prep or other fees that are not part of our Transactional Funding Fee – check with the closing agent before closing to see if any of these fees apply. **Transactional funds from the end-buyer (“C”) can only be done by Domestic Wires – no checks, cashier’s checks, money orders, cash or other paper payment methods are allowed. HRS at all times has the right to stop the funding of a transaction without an explanation to the borrower. Funds from the “C” buyer must have been wired into the closing agent’s escrow from a Domestic Bank in US Dollars or must have been cleared in the closing agent’s escrow account prior to Transactional Funds being wired. Funding must be available at the time of the closing so it is the responsibility of the “B” investor/buyer to reserve the funds with us for his closing. If the closing does not take place for any reason, the investor/buyer will be charged $300. If funds are required to be kept in the closing agent’s escrow account because the property didn’t close timely, the investor/buyer will be charged the greater of $100/diem or 20% of the base funding fee/diem until the transaction closes. All documentation for the closing, including the Transactional Funding Agreement and Funding Request Form, must be in the hands of the closing agent and Heritage Realty Services, Inc. at least 24 hours prior to the funding of the transaction. The Transactional Funding Agreement will be sent to the investor and closing agent only after the investor has been approved for the transaction. In the event that the Transactional Funding is committed to by HRS, but HRS does not provide funds timely for a closing, HRS or its affiliates are not responsible for any economic loss to the Investor/Buyer if the transaction does not close timely because of the fault of HRS, the investor/buyer or the end-buyer. Check for any additional Terms and Conditions that may be applicable when you apply for funding, above rates are effective 6/1/2016. Heritage Realty Services, Inc. © and Dave Dinkel © 2013 - 2016

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