Joe Prunty, #1 Properties Guide to Buying a Home by #1 Properties

Joe’s Practical Guide to Buying a Home in Cheyenne

published by

Joe Prunty, associate broker, gri, crs, e-pro

cell 307.630.0950 direct 307.773.8490 direct fax 307.773.8481

Joe@Move2Wyo.com

www.Move2Wyo.com

307.634.2222 • 6106 YELLOWSTONE ROAD, CHEYENNE WY 82009

Joe Prunty, associate broker, gri, crs, e-pro

cell 307.630.0950 direct 307.773.8490 direct fax 307.773.8481

Joe@Move2Wyo.com

www.Move2Wyo.com

307.634.2222 • 6106 YELLOWSTONE ROAD, CHEYENNE WY 82009

Profile of Joe Prunty

I am a resident of Cheyenne since 1971 and have the business and professional background to make your real estate transaction successful and flawless.

The benchmark of my real estate career is the hundreds of satisfied clients and customers with whom I have worked. My professional involvement with the Cheyenne Board of REALTORS® includes serving as the Chairperson of several committees, a two-year Directorship, and the 1996 Treasurer. I also served as the State’s Realtor lobbyist during the 1993-1995 sessions of the Wyoming Legislature. I also served on the Education Committee during 1993-1994. I served as the Political Affairs Chair and Co-Chair in 1995 and in 1996, I served as Chair of the new Public Policy Focus Group. A Federal District Coordinator for Senator Craig Thomas. 2005—2006 Wyoming State President of Certified Residential Specialists. Currently Chair of the National CRS Products Selection Committee.. 2008/2008 CRS Regional Vice President Region 15 serving Colorado New Mexico & Arizona. 2010/2011 SE District Representative for Wyoming Association of REALTORS®.

I am a member of the following real estate institutions:

• National Association of REALTORS®; • Graduate REALTORS® Institution (GRI); and • Certified Residential Specialists (CRS). • E-PRO Certified (e-PRO)

My civic duties include:

• Chamber of Commerce. • Member of Cheyenne LEADS; • Volunteer of Cheyenne Frontier Days Since 1979; • Past Chairman of the CFD Concessions Committee; • Member of the Cheyenne Frontier Days HEELS; • Past Board of Directors CFD Buckle Club

Important Telephone Numbers You Must Have

The Pope: 00396/59 82

President of the USA: (202) 456-1414

Governor of the State of Wyoming: (307) 777-8762

THE REALTOR® Joe Prunty Ofc Dir: (307) 773-8490

Joe’s Cell Phone: (307) 630-0950

Web Site: www.Move2Wyo.com

Email: Joe@Move2Wyo.com

If you need something done fast, call the REALTOR®

Why Select Joe Prunty?

• My strength lies in my proven ability to listen and communicate with my clients, as well as the buyers and their agent to HOLD the sale together and bring all parties to CLOSING.

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I am a full-time professional REALTOR® with a support staff that rivals any in the Rocky Mountain region.

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I am a full-time professional REALTOR® with a support staff that rivals any in the Rocky Mountain region.

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My Knowledge and experience in the Cheyenne housing market & use of Technology put Me on the Home you want when you want it!

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My Knowledge and experience in the Cheyenne housing market & use of Technology put Me on the Home you want when you want it!

• Of course, my marketing strategies dovetail with my company’s to ensure you the most comprehensive coverage in the marketplace.

What You Can Expect from Joe Prunty

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Ethical Standards - Integrity & strict ethical standards.

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Ethical Standards - Integrity & strict ethical standards.

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Broad Exposure - Your home will be exposed to buyers generated by my broad scope of advertising & networking.

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Broad Exposure - Your home will be exposed to buyers generated by my broad scope of advertising & networking.

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Immediate Coverage - Your listing will be entered into our systems immediately.

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Immediate Coverage - Your listing will be entered into our systems immediately.

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Full-time Effort - I am a full-time professional REALTOR®.

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Full-time Effort - I am a full-time professional REALTOR®.

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Communication - You will hear from me as agreed upon to update you on activity or you may call me anytime.

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Communication - You will hear from me as agreed upon to update you on activity or you may call me anytime.

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Knowledge of the Market - Daily hands-on interaction. Plus, hard work.

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Knowledge of the Market - Daily hands-on interaction. Plus, hard work.

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Relocation Services, if Needed - I have access to a full service relocation department should you need to be referred by me to an agent

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Relocation Services, if Needed - I have access to a full service relocation department should you need to be referred by me to an agent

My Goal

To provide my clients the best real estate service available...

Service to cut through the flood of information to find what’s really important.

Service to reduce the time and costly mistakes that lurk in the home-buying and -selling process.

Service to add value and exceed the client’s expectations.

Service worth telling others about...

What CRS Designation Means

The Council of Residential Specialists is an organization which certifies residential real estate career professionals who are, or aspire to be, respected industry experts and value the education, credentials and opportunity that certification provides.

Unlike other residential real estate professional memberships, CRS has stringent requirements for designation, including education and market experience, and is the internationally recognized industry Gold Standard, providing superior education, exceptional referral and networking opportunities, and relevant, timely resources to keep dedicated professionals and those they serve on the Proven Path to Success. The CRS designation for years has been considered to be the Doctorate of Real Estate.

Joeâ&#x20AC;&#x2122;s Reputation Is Getting The Job Done!!!!!

Our Mutual Goals Include:

To Get you where you want to be on time.

To Make your transaction as smooth as possible.

To Put you in the best negotiating position as possible.

Tell me...

What Do You Expect of Me??

Buying a new home is one of the most important financial and emotional decisions you will make in your lifetime.

But your second decision is even more importantâ&#x20AC;Ś

Choosing the right REALTOR!!

MLS MEMBER

As a member of the Multiple Listing Service, I can show you any property.

If you should see an ad in the paper or a sign in a yard, call me to find out the information.

If you want to see it, Iâ&#x20AC;&#x2122;ll show it to you.

Remember, I can help you buy...

Any home listed by any company. Don’t be confused by the term “Exclusive Listing”: we are all part of the Cheyenne Multiple Listing Service (MLS).

Any listed home you may see at an Open House. Give the hosting agent one of my cards and let them know we are working together, or just show them the back of your Clipboard.

Any new home in a new home project. Give the hosting agent one of my cards and let them know we are working together. Don’t sign their guest registry until we can go out to the project together. Remember, it won’t cost you any more to have me involved.

For Sale by Owner properties If you see a For Sale by Owner listed, I can call the Owner to arrange the showing and negotiate a contract on your behalf.

If In Doubt, Call Me First…

What are people saying about Joe’s Service?

“I interviewed other realtor companies in Cheyenne and then was referred to Joe Prunty at #1 Properties. I liked Joe’s honesty and he gave me the information that I needed to make a decision on time because I was in a hurry to move. Considering what everyone said about the market I was very pleased to have sold it when I needed.” S. H.

“This was the second home I’ve purchased from Joe Prunty. Joe always had time for me no matter what and his knowledge and experience truly saved me money. I didn’t even interview anyone else this second time, Joe was it.” G. H.

“It was comforting to have Joe’s expertise and attention to detail working for us, the sellers during this transaction. Joe hand carried documents to us when we couldn’t get away to sign them. We believe Number One Properties is great because of the experience of their agents. We have purchased and sold homes with Joe and he takes care of it all.” J. & K. R.

“Joe Prunty was very helpful and handled a hard situation very well. Joe was great and we appreciate him greatly. Mr. Prunty was more helpful than you could ever expect. He helped us a lot and became a friend in the process. He sold our home and we purchased a new construction home with him as well. The interest and personal attention he paid to us was the most valuable thing he could have ever done.” J. & M. B.

“Joe was very helpful in the purchase of my new home. His great personality and I know he had my back being widowed; I didn’t want to be taken advantage of. Joe was a good communicator and was careful that I got what I wanted for what I wanted to pay for it. I am very satisfied with the way he took care of me and he was a real person and someone I would consider a friend now. I couldn’t have done it without Joe’s help and just being there for me.” A. F.

Steps to Your New Home!

STEP ONE - Find an experienced REALTOR® that you trust and sign a Buyer Agency Agreement. This guarantees by laws of the State, that your needs are professionally represented throughout the entire process of buying your home.

STEP TWO - Get a lender pre-approval.

STEP THREE - Look at various homes. Call me to receive computerized information on any home in in the MLS. Once you’ve found some you want to see, give me a call. I’ll be happy to show you inside.

STEP FOUR - This is a BIG step. When you find your dream home, you should present a competitive offer immediately. I have had three decades of contract and negotiation experience. I will ensure you get just what you want for a fair price - a transaction in your best interest.

STEP FIVE - When the seller accepts your offer, you “go under contract.” You want to make sure every detail is handled accurately and immediately. I will work hard to ensure your home closes properly and on time.

STEP SIX - Final details are handled and inspections are performed to ensure the property is “just right” for you. Contract details are further negotiated and we head to closing.

STEP SEVEN - LAST STEP - Be prepared to bring a certified check (payable to the closing title company or closing attorney) to the closing procedure - the next steps you will take will be over the threshold of your new home! IT’S YOURS!

Focus on Your Top Priorities

List all wants and needs in no particular order. Make a decision between each two – which is most important – and put that on the line to the right. This simple method helps prioritize and focus on what is really important.

Buyer: _____________________________

What Are the Advantages of a Buyer Agency Agreement?

Your Interests Are Professionally Represented Enlisting the services of a professional Buyer’s Agent is similar to using an accountant to help you with your taxes, a doctor with your health care, or a mechanic with your car. So the first advantage is pretty obvious. If you had the time to devote to learning all you need to know about accounting, medicine, and automotive mechanics, you could do these services yourself! But who has the time. You probably already have a full-time career to which you are committed. This is why you allow other professionals to help you in specific areas of expertise.

I have devoted two decades to perfecting real estate service. Continuous education, market research, and vast experience are combined to find you the perfect home quickly. I will guide you through the home buying process and exclusively represent your interests as I help you find a home, present your contract offer, negotiate, and close.

It is always better to make an informed decision to buy, rather than just to be “sold” something. Buying a home is a big decision – and finding the home is only the first step in the process. When you have a Buyer’s Agent, your interests are professionally represented, and you have more control and peace of mind. Let me act as your specialist, even if you happen to find the perfect home yourself.

You will get a great home quickly and conveniently Another advantage to signing a Buyer Agency Agreement with me is that you will have me working to find and secure the perfect home for you exactly when you need it. It is nearly impossible to find a home that meets your needs, get a contract negotiated, and close the transaction without an experienced agent. I have vast computer networks to make sure you only tour homes that meet your specific needs. You won’t need to spend endless evenings and weekend’s driving around looking for homes for sale. When you tour homes with me (your personal Buyer’s Agent), you will already know that the homes meet your criteria for bedrooms, bathrooms, garage space, basement, square footage, neighborhood, etc. Also I will ensure you are looking at homes that are in your price range.

You get a Personal Specialist who knows your needs Just as your accountant, doctor, and mechanic get to know your needs through a steady relationship, I also get to know your real estate needs and concerns. This type of relationship is built by open communication at all times and by touring homes with me so I get a good idea of your feedback and concerns about each one. If you try to jump from Agent to Agent, you will not receive the best real estate service possible and you will be violating your agreement to your Agent. There is nothing to gain from trying to find and tour homes on your own and you will spend a lot of time when I can tell you everything about any home before you see it.

What Is the Buyer Agency Agreement?

Entering into a Buyer Agency Agreement has countless advantages and no disadvantages. When you sign a Buyer Agency Agreement, you are simply agreeing to “hire” a personal representative who, by law, must represent your best interests to the best of his/her ability. All of this personal service is available at absolutely NO COST TO YOU! I am devoted to protecting your needs to help you make one of the most important investment decisions of your life - and you don’t even have to pay the fee!

About this time you are probably saying to yourself, “This sounds too good to be true! What’s the catch?” The “catch” is that you are signing a legal document between you and the Buyer’s Agent that will establish a legal relationship with duties and obligations on the parts of both parties. Your Agent’s obligations are set forth by law, as is your obligation. Your obligation is merely this: You agree to let your agent represent your home buying needs exclusively through the duration of the agreement until you find a home and take title. The duration is a variable you decide. This is to guarantee that the Buyer’s Agent receives compensation from the Seller’s Agent for the work she/he has been doing for you. Signing the Buyer Agency Agreement merely means that you agree that your Agent should be compensated for the services in guiding you professionally through the home buying process. Of course, the beauty of the situation for the buyer is that you don’t even have to pay the fee. If you do buy a home while under a Buyer Agency Agreement, the Buyer Agent named in the agreement must receive commission compensation. This is established by law to prevent unscrupulous people from taking advantage of the compensation structure of the real estate industry.

Let Me Help You!

No matter where you find a home you may be interested in seeing, you need only call me for help. Because I share a cooperating relationship with all real estate offices within our community, it means I can show you properties that are listed with my company, or any broker in our area. As your Buyer’s Agent, I represent you. I also represent you in “For Sale by Owner” transactions, giving you the leverage in any negotiation.

If You...

Read an Ad... See a Sign... Hear about a Property for Sale... See New Home Construction... Just Call... me for all the information you need!

If You...

Read an Ad... See a Sign... Hear about a Property for Sale... See New Home Construction... Just Call... me for all the information you need!

Mutual Agreement

If I Will: • Make my best effort to find the home to meet your needs; • Commit my time, car, computer, and experience to find exactly what you want; • Incur all my car, phone, and administrative expenses; and • Continue your home search until you either find a home or tell me to stop looking.

Will You?: • Let me know if your plans change? • Tell me if you want to look at a home listed with another broker, builder, or for sale by owner? • Tell me what you like and dislike about the homes we see? • Tell me if you feel the need to talk to another agent? • Work with me until we find you the right home?

______________________________ Your Name, Buyer ______________________________ Joe Prunty, Buyer’s Agent

__________________________________ Date __________________________________ Date

Items Needed for a Credit Application

EMPLOYMENT Addresses for 2 full years. Gross monthly income. W-2’s, if available. Proof of pensions, retirement, disability or Social Security. Proof of income from rentals, investments, etc. Year to date pay stub.

If self-employed. 2 years 1040 Tax returns. Current year profit and loss statement.

CREDITORS Each creditor’s name, address and type of account. Account numbers. Monthly payments and approximate balances. Amount of child care expenses.

BANKING Names and addresses of saving institutions. Account numbers of all accounts. Type of accounts and present balances.

MISCELLANEOUS List of assets in stocks, bonds, and land. Life insurance cash value (documented if used as cash down payment). If applicant is selling a home, a copy of sales contract. Social Security numbers for all parties. Veterans: Certificate of Eligibility & DD-214. Cash or check to pay for application fee.

REALTORS Copy of sales agreement. Copy of property listing.

Viewing Homes

After your initial counseling appointment, I will have a good idea of your wants, needs, price range, and location and will enter your requirements in the Multiple Listing Service (MLS) computer. From the many listings in its inventory, the computer will print a list of homes tailored just for you. From the ones you select, I will fax email or mail the listings for you to peruse.

As we walk through the homes, feel free to open the cabinets and closets. Most often the sellers will be absent, but should they be present, they will understand your need to examine the home carefully. When a home appeals to you, make notes. It is easy to forget details. Often there will be a brochure available for you to take along to help you recall the home as you review your tour and, whenever possible, I will have given you a copy of the MLS information on homes you are viewing.

Don’t be surprised if the first home you see is the perfect one for you, and don’t be discouraged if none of those you visit the first day is what you want. I am committed to finding the one that you will want to call “Home” and will work diligently until you find it.

Buyer’s Scorecard

Please rate each house according to its benefits and features A = Excellent • B = Good • C = Fair • D = Poor E = Not Satisfactory

Buyer’s Scorecard

Please rate each house according to its benefits and features A = Excellent • B = Good • C = Fair • D = Poor E = Not Satisfactory

Offer to Purchase Contract

In negotiating the purchase of your new home, the initial step will be to instruct me to make an offer to purchase. This offer should be in writing and accompanied by an earnest money check to show good faith. The offer will include:

1. The amount you are willing to pay. 2. Financing terms. 3. Any personal property specifically included or excluded. 4. Loan commitment date. 5. Closing and occupancy date. 6. Other contingencies.

This offer will be written on a standard contract form. If the initial offer is not accepted by the Seller, further negotiations generally reach terms agreeable to both Buyer and Seller. When Buyer and Seller agree on terms, the Buyer immediately applies for financing and arranges for a home inspection. I will assist you in these processes.

1. The amount you are willing to pay. 2. Financing terms. 3. Any personal property specifically included or excluded. 4. Loan commitment date. 5. Closing and occupancy date. 6. Other contingencies.

Earnest Money Deposit

At the time a written offer on a property is initiated, you will be required to make a deposit in the form of a personal check, cashier’s check, note or cash ranging from $500 to $10,000 depending on the price of the house. The amount deposited will be kept in the escrow fund account of the listing real estate company and will not be turned over to the Seller. This money represents your sincerity in the attempt to purchase and is fully refundable if the offer is not accepted or if your loan is not approved or if some other condition of the contract is not met by the Seller. If, however, the contract is accepted and the Seller meets all the conditions in the contract and you decide for some reason to back out of the contract, then your earnest money can be forfeited, plus any damages due the Seller.

The Home Inspection

It’s easy to make sure the home you’ve chosen is a smart buy. By having a home inspection, the home’s vital systems are checked, including the furnace, water heater, appliances, roof, windows, wiring, and plumbing. An inspection allows you to purchase your home with reasonable confidence. I will help you set one up after you have chosen the home of your dreams. Home Warranties are also available. Feel free to ask me about this option.

Loan Application

I may recommend several lenders who have earned our trust and with whom I’ve had good experiences in the past. The lender’s goal is to expedite all the necessary paperwork and information, including ordering a credit report and appraisal of the property. You will need to furnish the lender with the information as outlined on the LOAN APPLICATION REQUIREMENT FORM.

The information you provide the lender is confidential. The application generally takes place at the lender’s office. All parties who will be on the title as new owners should be present. The application normally takes about one hour.

Your lender understands your concerns and is there to help with the approval of your loan. Feel free to ask questions at the loan application about anything that you do not fully understand. Also, you will receive a GOOD FAITH ESTIMATE OF CLOSING COSTS at this time so you won’t have any surprises at the time of closing. Total time from loan application to loan approval averages between 30-45 days or more, depending on the loan type, market conditions, and/or the complexity of verifying the borrower’s information and qualifications.

Get “ON TARGET” for Your Dream Home

A successful real estate transaction hinges on numerous details involving deadlines that must be met so that you can move into your dream home as soon as possible.

Let’s adhere to this plan to secure your home.

DATE

1. Signing of Purchase & Sale Agreement

_____________________

1. Signing of Purchase & Sale Agreement

2. Loan Application (application fee due at this time) _____________________

3. Set Inspection Date & Time

_____________________

3. Set Inspection Date & Time

_____________________

(Notification of any major issues. Keep in mind you may or may not be buying a new home.)

4. Satisfactory Completion Date of Inspection

_____________________

(Notification of any major issues. Keep in mind you may or may not be buying a new home.)

4. Satisfactory Completion Date of Inspection

_____________________

5. Negotiation of Inspection Complete

_____________________

5. Negotiation of Inspection Complete

_____________________

6. Loan Commitment Due

_____________________

6. Loan Commitment Due

_____________________

7. Final Walk-Through Inspection

_____________________

7. Final Walk-Through Inspection

_____________________

8. Closing Date, Time & Place

_____________________

8. Closing Date, Time & Place

_____________________

Please Note: During the loan and home buying process you will be asked to supply documentation, respond to phone calls requesting information, schedule dates into your calendar, etc. Please respond quickly to these requests so that your transaction does not encounter any problems.

_____________________

The Home Inspection Report

If you are purchasing a resale property, we recommend having a home inspection done. Included in this inspection are appliances, plumbing, electrical, heating and ventilating, bath and kitchen fixtures, roof and attic and general structure.

The inspections will determine the observable condition of these items and any defects that may need to be corrected. The approximate cost of this service generally runs anywhere from $65 to $400 per inspection, depending on what systems are inspected. I can recommend several home inspectors for you to call.

You are allowed by contract to obtain any inspection you wish, or not to inspect as you wish. But, I always recommend inspections. We must give them notice of at least 24 hours in writing. I take care of that for you.

Should serious problems be indicated, the inspector will recommend that a structural engineer or some other professional inspect it as well. Other tests and inspections are radon tests, soil tests, well and septic inspections and if your home was constructed prior to 1978, a lead paint inspection.

Notes on My Home Inspection

________________________________________________________

Does New Construction Need a Home Inspection?

The notion of going without a home inspection when buying an older home is virtually unthinkable

for most of my clients. However, purchasers of brand new construction homes usually do not

feel the need for a home inspection. Every year, thousand across the United States wind up

regretting that decision. Here are several myths why buyers seldom consider an independent

home inspection for their new construction purchase here in Cheyenne.

I am having a new home built so I will not have any problems down the road.

Because of the amount and the speed of the new construction combined with the

lack of skilled workers, often new homes are just as likely to have problems as older

homes.

My home was built within city limits, so inspectors checked it as it was built. Here in

Cheyenne the home receives numerous inspections from City Employees checking

for Code Violations and inconsistent work. Sometimes as you know everyone is

human and the inspector may spend less than necessary time evaluating the home

and completing the report.

My builder said that they could not allow the inspector on the property for insurance

reasons. BIG RED FLAG. Sounds silly but itâ&#x20AC;&#x2122;s not totally uncommon. When you

hear excuses like this one you should know something is amiss.

The builder said I was being too picky about wanting some items fixed in my home.

This is going to be your home and you have the right to be as concerned or picky as

you would like to be. Here is where my expertise will make your life easier. I have

the Blue Tape and know how to use it.

My builder said I did not need an independent home inspection because I had a

one-year Warranty and that if anything was to go wrong, it would happen within the

first year. Most builders count on the fact that buyers simply do not take advantage

of a home inspection with that warranty within a year, and they are usually correct.

Radon

Radon is a radioactive gas. It comes from the natural decay of uranium that is found in nearly

all soils. It typically moves up through the ground to the air above and into your home through

cracks and other holes in the foundation. Your home traps radon inside, where it can build up.

Any home may have a radon problem.

Radon is estimated to cause many thousands of deaths each year. Thatâ&#x20AC;&#x2122;s because when you

breathe air containing radon, you can get lung cancer. In fact, the Surgeon General has warned

that radon is the 2nd leading cause of lung cancer deaths. If you smoke and your home has high

radon levels, your risk of lung cancer is especially high.

Testing is the only way to know if you and your family are at risk from radon. EPA and the Surgeon

General recommend testing all homes below the 3rd level for radon. Testing is inexpensive and

easy - it should only take a few minutes of your time. There are also professional inspection

companies that can do the testing.

If a radon problem does exist, there are simple and inexpensive ways to fix the problem. Even

high levels of radon can be reduced to acceptable levels. The average indoor radon level is

estimated to be about 1.3 pCi/L, and about 0.4 pCi/L of radon is normally found in the outside

air. The U.S. Congress has set a long-term goal that indoor radon levels be no more than outdoor

levels. While this goal is not yet technologically achievable in all cases, most homes today can be

reduced to 2 pCi/L or below. Acceptable level is 4.0 pCi/c.

Like other environmental pollutants, there is some uncertainty about the magnitude of radon

health risks,. However, there is more known about radon risks than risks from most other cancer

causing substances. This is because estimates of radon risks are based on studies of cancer in

humans (underground miners). Additional studies on more typical populations are under way.

What Happens Next?

Congratulations on the purchase of your new home! While it was fun shopping for it, there are many things to do now to travel to a successful closing. This information is very lengthy, but please take time to read it. Good communication will make this a pleasant and smooth process. Some of these items have been handled, but just in case they’re not complete, we want to go over them to make sure there are no mistakes.

The loan process can sometimes be a nuisance, but please understand that the government and/or the investor require detailed documentation. If you haven’t purchased a home in several years, it is a much more complicated process. Sometimes, after your loan package is presented to the underwriter, they request even more information. Many people do not understand why they do not ask for this “up front.” Until the underwriter sees the complete loan package, many of these questions just do not come up. The underwriter approves or disapproves the loan, and is under strict guideline requirements. So, sometimes it appears that the mortgage company has lost their mind, but it certainly is no “personal attack” on you. If you feel something is unjustified, please discuss it with your loan officer and, of course, call me if you are not satisfied with the answers you’re getting.

Many mortgage companies will require a copy of your canceled earnest money check, so be prepared to have it available. If your loan is approved with “conditions,” these must be fulfilled prior to closing or sometimes they will allow you to bring papers to closing. If you have just sold a home, they will require a copy of your closing statement.

HAZARD INSURANCE: You will be required to have a one-year homeowner’s insurance policy at closing that must cover the mortgage amount at a minimum. Please call me when you have chosen an insurance agent; or I can make recommendations of agents I know will give you excellent service.

TITLE INSURANCE: Is required by your lender. This is a one-time premium and protects your equity forever.

INSPECTIONS: These should be done as soon as possible after acceptance of acceptance of contract. The buyer is responsible for the cost of all inspections and you may accompany the inspector if you like. If you need me to, I can provide you with names of inspectors that I have found to be reliable and responsible.

It is not the right of the buyer to ask for correction of everything the inspector finds wrong with the home. Please be advised that the seller is under no obligation to fix anything except within the terms and conditions of the contract.

What Happens Next? (continued...)

WALK-THROUGH: It is suggested that this be done 48 hours prior to closing, if possible. This is just to make sure that the home is in the same condition as when you signed the contract, and to review any repairs that may have been made per the inspection report. Please advise me as to the best time for you and we will coordinate it with the seller.

UTILITIES: If you are not living in the area, I will assist you in arranging for your gas, power and water to be turned on. I will need your social security number and any phone numbers you can give me (either your new home number or your office number). The deposits will be billed to you on your first bill. Let me know.

If you are purchasing a resale home, arrange for the meters to be read the same day the seller is vacating the property so you will have a smooth transition. It is your responsibility to make sure your utilities are in your name and are operating by the time of closing.

CLOSING FUNDS: You must bring a certified or cashier’s check to closing. Failure to do so will delay the closing. It is okay to write a personal check for any small overages, or if you bring too much your will receive a refund. How much should you bring? If the closing is at the end of the month, the mortgage company may not get the closing documents to the closing staff in time to give you the exact figures. Prior to the closing, please call your loan officer to get an estimate. Please make sure to ask before closing to whom the check is payable.

The closing party is usually chosen by the buyer. The parties on the loan application will be required to take title to the property and attend closing. If a husband or wife process the loan in one name, they still may want to take title jointly; therefore, both must attend closing.

MISCELLANEOUS: In Wyoming, if you are new to our area, you are required to have your car license and your driver’s license changed within 30 days. One requirement for your car license is that you must also have proof of insurance. Children under the age of four must be in a car seat and seat belts are required by law for everyone.

I hope this has provided information which will be valuable to you. If I can provide additional assistance to you, your family and friends for future real estate needs, please give me a call. Let me know if I can help during this process. I will be in contact with you, your loan officer, and the title company. I look forward to you closing on your new home.

Please do not hesitate to call me if you have any questions about anything. I am staying in touch with the mortgage company on a regular basis. No news is good news, so if you don’t hear from me, you’ll know that everything is progressing normally. If I see any problems, I will pay close attention to them and advise you of the status. I am always available for you if you have any questions.

We’re Moving!

You’re about to close on your new home and are ready to move! The next few

pages contain tips and checklists so that your move is as organized and effortless

as possible. Think about the move as a series of small projects that you can begin

while your home is under contract. Your move will progress as your contract and

closing progresses. That way, when the day comes to physically move your belongs,

most of the other details will be taken care of.

When you are fairly sure you’ll be moving somewhere soon, you can:

Visit your local Post Office to get a Change of Address packet. _________________

Pick up any laundry, dry cleaning, or alterations. ____________________________

Return library books. ___________________________________________________

Drain sprinkler system. _________________________________________________

Pack a copy of the local telephone directory. ________________________________

Clean rugs or clothing before moving; have them wrapped. ___________________

Start reducing the number of things in your home that you really don’t need or that

won’t go well in your new home. __________________________________________

Start packing items you don’t use daily (good china, etc.) _____________________

When your closing has been set, you can get a little more serious about moving.

Secure all birth and baptismal records for all family members. _________________

Obtain medical, dental, and other records for all family members. ______________

Refill and then transfer all prescriptions to a pharmacy in new area. ____________

Ask your doctor and dentist for referrals in your new area. ____________________

Get transcripts of school records, including immunization records. ____________

Check with your attorney to see if you must have your will rewritten when moving

across state lines. ______________________________________________________

Notify your church and social clubs of your move. Ask for referrals in your new area.

_________________________________________________________________

When you close on your new home, you should complete the following:

Ask your bank about electronically transferring your funds to a bank in your new

area. Discuss branch options and arrange for check cashing in your new location.

_____________________________________________________________________

Close out your safe deposit box. __________________________________________

Obtain travelerâ&#x20AC;&#x2122;s checks for traveling funds and for funds while you are settling into

your new location. _____________________________________________________

Ask your insurance agent to transfer coverage to your new home. Make sure all

coverage (life, health, auto, etc.) is in force while en route. ____________________

Schedule a moving company to assist you or begin notifying people who are helping

you with your planned move date. ________________________________________

Begin depleting your store of canned and frozen foods. _______________________

NOTES ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________

Joe Prunty’s Property Search Request

Your Name _________________________________________ Work Phone ___________________

Home Phone ___________________________ Fax Number _______________________________

E-mail Address ___________________________________________________________________

Current Address___________________________________________________________________

City/County ____________________________ State __________Zip Code ___________________

Maximum Price $__________________________ Minimum Price $__________________________

Minimum Square Footage (if applicable) ___________________Garage Yes _______ No ________

Number of People Living in Home ___________________________________________________

Minimum # of Bedrooms _________________ Minimum # of Bathrooms ___________________

Amount of Down Payment $________________________________________________________

Amount of Monthly Payment $______________________________________________________

Age of Home Preferred _______________________ Acreage or City Lot Yes _______ No ________

Subdivisions or Areas Preferred _____________________________________________________

________________________________________________________________________________

School Preference _________________________________________________________________

________________________________________________________________________________

Do you have a mileage limit? ________________________________________________________

Special Features/Comments ________________________________________________________

_________________________________________________________________________________

________________________________________________________________________________

My fax back number is: 307-773-8481

Will you please help me help them?

Do you know of anyone who is thinking of or planning to move? A friend, relative or client who

can use the finest real estate service available? If so, I want to thank you for your referral!

Please provide the following:

Their Name______________________________________________________________________

Mailing Address___________________________________________________________________

City________________________________________State_____________Zip_________________

Phone(s): Business(___)_______________________ Residence (___) _______________________

Address of property in question______________________________________________________

________________________________________________________________________________

Remarks_________________________________________________________________________

_____________________________________________________________

Yes, Joe! I know you will help these people with the purchase/sale of their property!

Your Name_______________________________________________________________________

Mailing Address___________________________________________________________________

City________________________________________State_____________Zip_________________

Phone(s): Business(___)_______________________ Residence (___) _______________________