You’ll need to submit 3 documents along with the standard purchase agreement.
- Back-Up Offer Addendum - This states that if the Buyer is unable to secure financing by closing day, Ribbon will step in and purchase the home on the Buyer's behalf, in cash.
- Ribbon Proof of Funds - Ribbon provides a Proof of Funds that we can purchase the home as a backup buyer in case your buyer cannot close in time.
- Ribbon Seller Cover Letter - The cover letter helps explain your Ribbon offer to the seller.
You will be assigned a dedicated Account Manager that will provide the documents and help guide you through the offer process.