________ Review the guidelines and procedures carefully.
________ Complete a loan application if needed.
________ Inform and discuss with mission center officers the decision to purchase.
________ Congregation to meet, discuss, and approve the purchase as well as cost, and loan if applicable.
________ Send copies of business meeting minutes to the mission center officers and Legal Services.
________ Letter of approval to be signed by pastor, congregational financial officer, and mission center officers. When all signatures have been obtained forward the approval form to Legal Services.
________ Complete the Houses of Worship Revolving Fund (HWRF) loan application, or request a loan application from Legal Services.
________ If needed, plan and conduct a capital campaign if needed and provide the information in the loan application.
________ Send copies of HWRF loan application to mission center officers and to Legal Services.
Offer to Purchase
________ Forward offer to purchase to Legal Services for review prior to signing.
________ Include the following mandatory contingency in the offer, “Offer is subject to final approval of the presiding bishop of said church.”
Closing the Purchase
________ Legal Services will work directly with the title/abstract company or attorney to close the purchase.