Questions regarding how to complete your sales contract package? Please contact our Customer Service Department at (949) 261-9155, or email
CSRDept@blbresources.com. Please note BLB Resources does NOT process utility activation requests. Please follow the instructions on the utility
activation request form for your property, and submit the form to the assigned FSM.
E-Signature Contract Package Additional Required Items Rev. 9-28-18
The E-Signature Contract Package must also include the following additional items. Please print
and complete all required documents. Then scan all of the documents together and upload as
one PDF file to the Earnest Money Deposit section at the bottom of the E-Signature Checklist.
Please note that not all of these items are required for every case; please only include the items
that pertain to your case.
1. Earnest Money Deposit (EMD) (required)
a.
A COPY of the Certified/Cashier’s Check or U.S. Postal Money Order in the correct amount:
i. For properties with bids accepted prior to 9-28-18, the amount of EMD required will be:
1. $500 for properties with a sales price of $50,000 or less
2. $1,000 for properties with a sales price greater than $50,000
3. For vacant lots, the earnest money deposit amount is 50% of the list price
4. For GNND properties, the EMD is 1% of the list price (not less than $500 and not
to exceed $2,000)
ii. For properties with bids accepted on/after 9-28-18, the amount of EMD required will be:
1. $500 for properties with a sales price of $50,000 or less
2. $1,000 for properties with a sales price greater than $50,000 but less than
$250,000
3. $2,000 for properties with a sales price equal to or greater than $250,000
4. For vacant lots, the earnest money deposit amount is 50% of the list price
5. For GNND properties, the EMD is 1% of the list price (not less than $500 and not
to exceed $2,000)
b. Made payable to “[Buyer Select Escrow Company] OR [purchaser’s name]” or just to “Buyer Select
Escrow Company”
c. ORIGINAL Cashier’s Check or Postal Money Order delivered to Listing Agent within 2 business
days of bid acceptance
2. Prequalification Letter or Certification of Cash Funds (required)
a. If paying cash, proof of funds (e.g. bank statement) must be equal to or greater than purchase
price
b. If obtaining financing, a valid prequalification letter must be included
i. Includes purchaser(s) name, type of loan, escrow amount (if any) and amount of
prequalification (equal to or greater than purchase price, proof of additional funds may
be required if less than purchase price)
ii. Must be on lender’s letterhead with lender’s contact information, including loan officer’s
email address
3. Broker Authorization Letter (as needed)
a. If the designated broker for the NAID is unavailable to sign the contract, an alternative broker
may be authorized to sign instead by including the completed and signed Broker Authorization
Letter
