IHA Transaction Summary and Important Reminder Dates

NACA Transaction Summary
Does the purchase contract contain any provision that allows the seller to remain in or lease back the property after closing?*
The contract does not comply with program guidelines. Members are required to take possession of the property immediately upon closing or funding, and the home may not be leased back to the seller under any terms of the purchase agreement.
Member's Contact Information
NACA ID*
Member's name*
Property Information
Transaction type*
Property type*
Complete property address*
Purchase Price*
Monthly HOA fees*
Monthly property taxes*
Contribution at closing
Seller's concession at closing*
Seller's concession amount *
Member's contribution at closing*
Member's contribution amount *
Principal reduction amount *
Gift*
Gift's contribution amount *
Grant*
Grant's contribution amount*
Builder/Listing Agent Real Estate Company Contact Information
Builder/Listing Agent Real Estate Company*
Listing agent*
Listing agent lic #*
Listing agent cell #*
Please enter a valid phone number.
Listing agent email *
example@example.com
Listing commission*
Appraisal & Settlement Agent Contact Information

Name of the person the appraisal company will need to contact to schedule the appointment to complete the appraisal report
Appraisal contact name*
Appraisal contact email*
example@example.com
Appraisal contact cell #*
Please enter a valid phone number.
Settlement Agent
Neighborhood Assistance Corporation of America
Office address*
NACA Broker lic # *
In-House Agent*
IHA lic #*
IHA email*
example@example.com
IHA phone #*
Please enter a valid phone number.
Who is responsible for paying real estate commissions?*
If the member is responsible for any portion of the commissions, please input the amount under disbursement notes.
Buyer's agent commission*
MLS commission rate or amount paid to the Buyer's agent
Contract Negotiated Terms and NACA Timeline Dates
Binding date*

MonthDayYear
Date
Close date*

MonthDayYear
Date
Earnest money*
Due diligence fee*
Offer price*
Sold As-Is*
Earnest money delivery days*
Option/Due diligence/Inspection period days*
The amount of days negotiated to complete the inspections and determine whether to move forward with the purchase.
Appraisal days*
The amount of days negotiated to complete the appraisal report.
Financial contingency days*
The amount of days negotiated for refund of earnest money deposit if unable to secure a mortgage.
Earnest money delivery by*

MonthDayYear
Date
Earnest money delivered:

YesNo
Homeowner Insurance due by*

MonthDayYear
Date
HOI submitted:

YesNo
Option/Inspections period ends*

MonthDayYear
Date
Inspections completed by*

MonthDayYear
Date
Inspections completed:

YesNo
Loan application completed by*

MonthDayYear
Date
Loan application completed:

YesNo
Hand clearance by*

MonthDayYear
Date
Hand cleared:

YesNo
Appraisal contingency ends*

MonthDayYear
Date
Appraisal completed:

YesNo
Closing Status
Financial contingency ends*

MonthDayYear
Date
Termination explanation
Date of Inspections/Notes
Should be Empty:

NACA Transaction Summary

Member's Contact Information

Property Information

Contribution at closing

Builder/Listing Agent Real Estate Company Contact Information

Appraisal & Settlement Agent Contact Information

Neighborhood Assistance Corporation of America

Contract Negotiated Terms and NACA Timeline Dates