202 E Midvale Ave Chattanooga, TN 37415

***Fellow Realtors, we have a multiple offer situation for this property. Pls see MLS document folder for offer sheet and FreddieMac ''multiple offer acknowledge'' form. Complete both along with the buyer bank letter and return to us by email before 12 Noon, Thursday 1/26/12. EMAIL IS BEST CONTACT FOR LISTING BROKER! **VACANT SHOW ANYTIME, GCAR L/B. Beginning Sept. 17, 2010, Freddie Mac will offer homebuyers and select non-profits an exclusive opportunity to purchase HomeSteps homes prior to competition from investors through the Freddie Mac First Look Initiative. This on-going initiative offers owner occupant homebuyers, Neighborhood Stabilization Program (NSP) grantees and non-profits engaged in community stabilization efforts the ability to purchase HomeSteps homes during their init days of listing, without competition from investors. The purchaser does not need to be a first time homebuyer to be eligible. FOR MORE ON FIRST LOOK goto: property is marketed in AS-IS, WHERE IS condition only. It is the seller's intention NOT to repair or rehab this property. Please submit all offers using the OFFER WORKSHEET or replicating the basic information on an email. DO NOT send the actual TAR contract until after a verbal agreement has been reached. A LOAN COMMITMENT letter or proof of funds is required on all offers. If the offer is cash, you must furnish proof buyer has cash to close at time of offer and obtain. If offer has financing, you must obtain an APPROVED loan commitment letter from a direct lender, based upon approved credit and income before submitting offer. All offers require a hard close date (not 30 days from acceptance, etc) to be considered. If the offer is cash, the seller will only accept a close date that reflects up to a 21-day escrow period. If an offer has a financing contingency, the seller will only accept a close date that reflects up to a 30-day escrow period. Please be aware the seller will strictly enforce the close date so please make sure it is realistic. A per Diem fee UP TO $200 will be charged to the buyer if closing is delayed due to any fault of the buyer, buyer's lender, or buyer's agent. All earnest money deposits should be 2% of purchase price (or $1000 minimum). If an offer has financing SEND COMMITMENT LETTER - CREDIT ALREADY APPROVED! If an offer is cash, the buyer's escrow deposit will become non-refundable after the inspection period if no written objection or notice of cancellation was received. All commission is NET sales price. ALL OFFERS ARE SUBJECT TO FINAL MANAGEMENT APPROVAL, WHETHER OR NOT FORMALLY STATED IN AN OFFER OR COUNTER-OFFER, until a contract is formally executed.