The Nat Genis Team, Inc.
The REO Experts

Submit an Offer

Thank you for showing our properties and submitting offers.  All offers must be submitted online.  Please read the directions below before submitting the offer.  If your offer does not adhere to these standards it will be returned and it will not be submitted to the seller.

When you are ready to submit the offer,
click here.

The Nat Genis Team, Inc. utilizes REO Maestro to track our offers and manage our inventory.  The directions below will assist you in submitting your offer.

Once escrow has been opened the transaction will be managed using a web based transaction management system called planetRE.  To access the transaction management system, select the ESCROW TRACKING tab at the top of the page.

Prepare the Offer

All offers should be uploaded as one (1), legible PDF document in the following order:

  1. RPA (8 Pages) - Offer is on current CAR RPA forms (11/07)
  2. Copy of Earnest Money Deposit (EMD) Check
    • 1% of purchase price minimum for financed offers
    • 10% of purchase price minimum for cash offers
    • $1,000 minimum
    • Buyer on the RPA must match the name on the check
  3. Proof of Funds
    • Down Payment for financed offers
    • Full purchase price for cash offers
    • Buyer on the RPA must match the name on the Proof of Funds
  4. Direct Lender Approval/Qualification Letter
  5. Direct Lender Cross-Qualification Letter (if applicable)
  6. Agency
  7. Offer Checklist (see MLS Supplements or click here to download the generic Offer Checklist Form )

Submit the Offer

  • Click here to go to the offer submission page (REO Maestro Offer Submit Form)
  • Select the property
      • Selecting the property address (left hand side) will bring up the property information on the right hand side of the screen
      • Selecting "Submit" (right hand side) will go to the offer submission page for that particular property
  • After clicking "Submit" and redirecting to the offer submission page, fill in all information 

    Buyer Information

    • Enter the Buyer name(s)

    Selling Agent Information

    • Enter the Selling Agent Email
        • The system will remember the information for future submissions and will fill in automatically the next time that email is entered on the site
    • Enter the Selling Agent Company (Brokerage Firm)
    • Enter the Selling Agent First Name
    • Enter the Selling Agent Last Name
    • Enter the Selling Agent Phone Number
    • Enter the Selling Agent Fax Number

    Lender Information

    • For cash offers enter CASH in the Lender Information email and it will automatically fill in the rest of the lender information
    • Enter the Lender Email
        • The system will remember the information for future submissions and will fill in automatically the next time that email is entered on the site
    • Enter the Lender Firm
    • Enter the Lender First Name
    • Enter the Lender Last Name
    • Enter the Lender Phone Number
    • Enter the Lender Fax Number

    Purchase Price

    • Enter the purchase price dollar amount

    Financing Type

    • Select the financing type from the drop down menu

    Loan Amount

    • Enter the loan dollar amount

    Down Payment

    • Enter the down payment dollar amount

    Down Payment Percent

    • Enter the down payment percent

    Earnest Money

    • Enter the dollar amount of the EMD

    Seller Paid Points

    • Enter the dollar amount of the seller paid points

    Buyer Closing Cost Paid By Seller

    • Enter the total dollar amount of the requested buyer closing costs paid, not to exceed 3% of the purchase price
    • Seller will not pay closing costs on cash offers

    Days To Inspect

    • Enter the numeric days required for all inspections and contingency removals
    • 5 days for cash offers
    • 10 days for finance offer

    Repairs

    • Enter the dollar amount of buyer requested seller paid repairs
    • Seller will not pay repairs on cash offers
    • Seller may pay for lender required repairs if they are a condition of funding from the underwriter, but it is best if the offer indicates that the buyer will pay for repairs

    Non Allowables

    • Enter the total dollar amount of buyer requested seller paid non allowables

    Other Concessions

    • Enter the total dollar amount of any additional buyer requested seller concessions that were not already entered above

    Other Concessions Type

    • Type in a description of the requested seller paid concessions

    Pre Qual / Proof Of Funds

    • Mark the box if lender approval/qualification and proof of funds is part of the offer upload

    All Inspections Waived

    • Check this box if buyer will waive all inspections

    Close Date

    • Enter an actual, realistic close of escrow date, allowing 7-10 business days for offer negotiations, addendums and receipt of seller signed contract
    • Close of escrow cannot be the last day of the month
    • 20 days for cash offers
    • 30 days for conventional offers
    • 45 days for government loans (FHA/VA)

    Comments

    • Enter any other additional comments, such as highest and best, or other information you would like the seller the consider

    Agent ID for MLS

    • Enter your MLS public ID or "tnonmls" if you are not a member of an MLS

    Days to Close

    • Enter the number of days to close from acceptance as a numeric value 
    • 20 days for cash offers
    • 30 days for conventional offers
    • 45 days for government loans (FHA/VA)

    Upload Documents

    • Upload the offer as one, legible PDF attachment as indicated above

    If your documents ...

    • Check "Documents Faxed" if you faxed the offer to 877-766-6336
    • Check "Documents Emailed" if you emailed the offer to offers@natgenis.com
    • You still must enter the offer online for it to be submitted to the seller

    Click "Submit" once all information has been entered

    • If the offer does not submit:
        • Required information is either missing or entered incorrectly
        • The attachment is too large and the file size needs to be reduced to less than 3MB's
  • REO Maestro Offer Submit Form page will redirect to the confirmation page
    • Print this for your records
    • Allow 2-3 business days for the seller to respond
    • To follow up on the offers, send an email to offers@natgenis.com with the full property address in the subject, as well as the buyer name(s)
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