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The Virginia statutes do not clearly define the validity period of a resale disclosure packet, but simply provide that it must be current as of the date noted on the packet itself. A disclosure packet update may be requested by the seller, seller's agent, the purchaser, or the purchaser's agent within 12 months of the delivery of the initial packet. The fee for an update is $50. The Association recommends requesting an update if the packet is more than two months old as several documents contained within the packet will likely be updated.
Requests for resale disclosure updates must be placed through HomeWiseDocs.com.
If the violations noted on the compliance inspection form are corrected and the seller wishes to have a one-time reinspection conducted and an updated compliance inspection form issued, a resale reinspection order must be placed through www.HomeWiseDocs.com. For questions, please contact the HOA at email@example.com.
Resale Disclosure Packet orders are placed with www.HomeWiseDocs.com. Sign up is quick and easy and you can begin using the system immediately. Resale disclosures, estoppels, demands, lender questionnaires and association governing documents are all available with HomeWiseDocs.com. Their professional staff is available for any questions you may have toll-free at 866-925-5004.
The cost of the packet is dependent upon several factors: the format requested, the delivery time frame requested, and the shipping method requested.
Electronic (email) format - documents will be available to be downloaded separately or altogether in a zip file.
Printed (hardcopy) format - additional $25.00
USB Delivery Fee - additional $30.00
Update (available within 1 year of the initial order) - $50.00
Update with inspection (available within 1 year of the initial order) - $165.00
Available Delivery Timeframes:
Standard – Packet is sent 14 calendar days from the order date
Rush – if the Association is able to accommodate a rush order, Packet is sent 5 business days from the order date.
Please note HomeWiseDocs acknowledges all Federal Holidays and the holidays listed below may not be included in the processing timeframe for the completion of orders:
Refinance Demands, Payoffs, and Financial Updates are now processed through www.homewisedocs.com.
BCA must receive written authorization from the seller/current owner in order to process refinance and resale demand requests. Authorization forms can be uploaded directly to HomeWiseDocs when placing the order. Please note that demand requests and updates are processed in the order in which they are received. Sending duplicate requests will delay the process. Should you wish to use our Authorization Form, please see 'Related Documents' on our webpage.