Oregon Coast Realty

Bret Curtis,Owner/Principal Broker

Bret Curtis,Owner/Principal Broker

703 Chetco Avenue
Brookings, Oregon

541-40-REMAX Email Me

Marie Curtis, Owner/Principal Broker

RE/MAX Coast and Country

541-661-3056 Email Me

RE/MAX Coast and Country

Earnest Money Review Guide


EARNEST MONEY REVIEW GUIDE

 

Date _________________            _______________________________/________________________________

                                                                        Seller                                                    Buyer

                                          Yes                  No                N/A

1.   Land Use & Zoning Regulations......         ____....    ____.     ____

2.   Probate / Bankruptcy / Foreclosure .....         ____....    ____.     ____

3.   Does Buyer Intend to Get a Loan ..............         ____....    ____.     ____

           (Conventional / FHA / VA / FMH)

4.   Does Buyer Understand That Loan Requirements Include:

            1.      Credit and Financial Statement       ...   ____       ____     ____

            2.      Appraisal...         ____     ____        ____

            3.      Pest Report and Repairs     ...   ____       ____     ____

            4.      Well Tests.         ____     ____        ____

            5.      Septic Pumped and Inspection       ...   ____       ____     ____

            6.      Road Maintenance Agreement      ...   ____      _____          ____

            7.      Geological Report         ____       ____     ____

5.   1031 Exchange – Discuss Facilitator Costs               ____    ____        ____

6.   Seller’s Property Disclaimer / Disclosure Statement       ...   ____       ____     ____

7.   Seller’s Lien Notice and Disclosure (New Construction)...         ____     ____        ____

8.   Seller’s Siding Disclosure       ...   ____       ____     ____

9.   Seller’s Lead Paint Disclosure       ...   ____       ____     ____

10.  ______ Days for Buyer or Paid Expert’s Inspection       ...   ____       ____     ____

11.  New Construction Warranty        ...   ____       ____     ____

12.      Homeowner’s One Year Protection Plan         ____     ____        ____

13.  Mobile Home Materials (Formaldehyde, Aluminum, Polybutylene)...         ____     ____        ____

14.  Structural Inspection       ...   ____       ____     ____

15.  Whole House Inspection       ...   ____       ____     ____

16.  Pest Inspection       ...   ____       ____     ____

17.  Roof Inspection       ...   ____       ____     ____

18.  Wood Stove – Buyer’s Insurance Agent Inspection       ...   ____       ____     ____

19.  Septic Pumped and Inspected / Septic Feasibility (Leach Field Location)        ...   ____       ____     ____

20.  Wells, Cistern, Springs – Flow & Potability Test (Bacteria and Nitrates, Top-20)         ____    ____        ____

21.  Property Unimproved (No Utilities, Well, Septic)....         ____     ____        ____

22.  Geological Hazard Maps (Oceanfront, Riverfront, Hillsides)         ...   ____       ____     ____

23.  Flood Plain.         ____     ____        ____

24.  Personal Property         ...   ____       ____     ____

25.  Boundaries         ____     ____        ____

26.  County / City Development Costs (Lots, Land)           ____       ____     ____

27.  Preliminary Title Report ....         ____     ____        ____

28.  Walk-Through Inspection       ...   ____       ____     ____

29.  CC&Rs.....               ____    ____        ____

30.  Tenants                    ____    ____        ____

31.  Soil Report -- Commercial / Industrial Property         ...   ____       ____     ____

32.  Arbitration vs. Litigation....         ____     ____        ____

33.  Local Improvement Districts          ...   ____       ____     ____

34.  Fire Department District         ____       ____     ____

35.  No Undisclosed Damage or Standing Water         ____     ____        ____

36.  Buyer’s Guide Book (see Coldwell Banker Oregon Coast Realty)...         ____     ____        ____

37.  Smoke Alarms         ____       ____     ____

38.  Agent Reimbursement         ____     ____        ____

Name of Trust: _____________________________________________________________________