|
Attached you will find the documents that you will need when you get an offer. Simply fill them out
and return this packet to Blue Sky Title. Stop by anytime and we will make complete copies for you
and your Buyer. If you need a place to meet with your Buyers to get these papers signed, just call us and set up an
appointment to use our meeting room.
Purchase Agreement
The Purchase Agreement is a legal binding contract between the Seller and Buyer. Typically, the
Purchaser presents an Offer to Purchase to the Seller. However, the Seller may need to provide the Purchaser with this
form. Every part of this agreement made between yourself and your Buyer needs to be put into this contract. Be sure to
fill in every blank, along with anything out of the ordinary in the additional conditions section. Blue Sky Title
will strictly adhere to the conditions in this Purchase Agreement when closing this transaction.
Earnest Money Deposit Escrow Agreement
An Earnest Money Deposit is not required; however, it is normal business practices in our area.
An Earnest Money Deposit from the Buyer to the Seller shows the Buyer's seriousness about honoring the Purchase Agreement
contract after it is signed. It also may make you more comfortable accepting the offer and taking your home off the market.
In this, an Earnest Money Deposit of 3% to 6% of the purchase price is normal.
Property Inspection Addendum
If the Purchaser requires an inspection of the home, this Property Inspection Addendum to the Purchase
Agreement should be used.
Purchase Agreement Addendum
If at any time during this process, you and your Buyer reach a new agreement or change something already
in the Purchase Agreement, use this Addendum to make the changes. Make sure to send a copy to Blue Sky Title.
Seller's Disclosure
By law, the Seller must provide a Seller's Disclosure to the Buyer prior to the finalization of
the Purchase Agreement. This document will list the existence and conditions of items in and on the property to the best
of the Seller's knowledge.
Lead-Based Paint Disclosure
The Seller is required by Federal law to provide a Lead-Based Paint Disclosure to the Buyer prior
to the finalization of the Purchase Agreement.
Pay-Off Authorization
Blue Sky Title will be glad to obtain a pay-off statement on your mortgage for you. Just fill out this
Pay-Off Authorization completely and return it with the rest of the package. A pay-off statement from your mortgage
company will be necessary for the completion of your closing statement.
Association Letter Authorization
If your property is a condominium or if your property is part of a Homeowners Association, it will
be necessary to obtain a letter from the association which provides the specifics of the dues and/or assessments, if any.
Blue Sky Title will be glad to obtain this document for you. Just fill out this Association Letter
Authorization completely and return it with the rest of the package.
FSBO Order Form
From the start, we want to assist you with any information you may need. Our success will depend on the
information you provide on the Order Form. Please fill it out as completely as possible.
Owner's
Policy for Credit
By turning in the policy you received at the purchase of this home, we will be able to provide a credit
on the premium charge for your Buyer's policy.
We hope the enclosed information is helpful to you. Please contact us for further clarification regarding the sales process.
When you have accepted an offer and these documents have been signed, simply turn in copies of all of
them with an original Purchase Agreement and we will get started with our process in getting your home sold.
We wish you good luck and look forward to hearing from you in the near future!
Note that Blue Sky Title does not have attorneys on staff. As with any legal transaction
or execution of any legal document, obtaining legal advice signing is suggested. |
