Sales & Contractual Change Orders

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Sales Office Change Orders vs. Contractual change orders

• If changes need to be made to the Sales Office Selections after a contract has been ratified.
• All changes need to be made within 7 Days of Ratification and approved by Operations.

Reasons to Create a Sales Change Order

• To add Site Specific Selections- additional concrete, fencing, sod, and irrigation.
• This information will be discussed at the Pre-Construction meeting with the Builder and conveyed by email to the NHA.

Reasons to Create a Sales Change Order

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• A cut-off Option Request (COR) has been approved and processed.
• The option must now be added to a Sales Office Change Order to officially become part of the contract and appear on the start sheet.

Reasons to Create a Sales Change Order

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• To enter approved Additional Closing Costs after contract ratification.

• To manually change Sales Price of a Market Home or a home under contract.

Reasons to Create a Sales Change Order

• To enter the address of the home if it wasn't available at the time of the contract.

Reasons to Create a Contractual Change Order

Contractual Change Orders

• To add or remove buyers (one original buyer must always remain on the contract)

• To change a closing date if required by lender.
• To remove a contingency.
• To convert a home to sell contingency to a home to close contingency.
• To change the name(s) on the Deed.

Reasons to Create a Contractual Change Order

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To Learn More About

Sales & Contractual Change Orders- Check out Kova User Guide

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