BUYER REPRESENTATION www.TeamBurch.com
Tim Burch Bio
Tim Burch, Broker As an Oregon resident for over 40 years, Tim has had the opportunity to live, work, own businesses and represent clients in much of the Portland Metropolitan area including Portland, Sherwood, Beaverton, Hillsboro, Aloha, Tigard, Tualatin and surrounding markets. Tim's knowledge of the local Real Estate market is only part of what makes him an excellent choice for any Real Estate transaction. With Tim's Real Estate experience and over 26 years' experience in sales, marketing, management and commercial contract negotiations with national companies as well as several of his own businesses, Tim has the knowledge, business expertise and Real Estate experience to pragmatically meet any Residential or Commercial Real Estate objective. As a seasoned Real Estate Broker and business professional, Tim understands that exceptional customer service, unparalleled product knowledge, having a proactive approach to market conditions and solid negotiating skills leads to complete satisfacapproaches each real estate transaction as if they were his own and puts the customers question that Tim will do whatever is necessary to exceed the highest of expectations and will work tirelessly to do just that. outdoor setting. Hiking, camping, boating or playing most sports are some of the kitchen enjoying his other passion of preparing and eating all types of foods. Tim says there is nothing he doesn't like to eat and is willing to try anything at least twice before any challenge.
Mission Statement/Tim’s Philosophy
Mission Statement
To offer each and every client superior service and representation by always searching for innovative and unique processes that net consistent client satisfaction and industry leading results. A commitment to always treat each real estate transaction as if it were my own and always put the best interests of the client above all others.
Tim’s Philosophy It wasn’t so long ago that no matter where you went or what business you frequented, employees, managers, owners or anybody wearing the company logo would bend over backwards to make the customer happy and do their best to ensure a positive experience. The customer always came first and it was unusual to visit a company who didn’t understand this simple fact of business 101. Unfortunately, those times seem to have passed us. Where has all that service gone? It seems that more and more businesses have lost focus on what really matters most and in what is ALWAYS the driving force behind any successful business, THE CUSTOMER! Through Tim’s Real Estate experience and more than 26 years of business and Executive experience, he understands the customer is King and has modeled his business to reflect this philosophy. In a world of businesses who have lost touch with what is truly important, this philosophy has become difficult to find. Tim’s main focus is the customer and will always do what is best for them. Tim firmly believes that his client’s real estate transactions should be treated as if they were his own and approached in a manner as he would want his transactions handled and clients treated as he would want to be treated. With this philosophy, Tim can be sure his clients are always getting the most responsive, focused, determined and overall best representation available in the Real Estate industry today. No longer will client’s have to worry if their Realtor™ has done all they can to secure the property of their dreams or negotiate the absolute best deal possible. Tim will make sure of it! "Tim is a great agent who is responsive, honest and exceptionally knowledgeable with the home buying process and paperwork. He was a pleasure to work with and made a very intense home buying process run smoothly. Tim and I worked together to find a home I loved in the first week. Made an offer the same day and with Tim's great negotiation skills an offer was accepted within 24 hours. He was there for the inspections and helped me negotiate the repairs. He also explained to me how to repair things that were small repairs. I was a home owner within 30 days. I started the New Year in my first home. I would highly recommend Tim as a great agent." Trudy E.
8 Steps For Buyer’s NAVIGATING THE BUYING PROCESS Once you have decided that it is time to begin the exciting journey of finding the next place to call home, it is vital that you are well prepared for the home buying process. Here are a few items to consider that will help in the process of buying your next property. STEP 1: Professional Representation: This step is listed as number one because it is arguably the most important of the steps. Choosing a competent, professional real estate broker that understands the real estate market as well as your personal needs and vision sets the foundation for success.
STEP 2: Loan Pre-Qualification & Approval Letter: If a bank loan is required, it is extremely important that you understand how much you will be able to afford. A mortgage broker can provide you with this information. Once you understand how much you can afford, you will need to get a Pre-Approval letter from your lender. The Pre-Approval letter will show sellers that you are a strong buyer and can afford the property they are selling. This makes your offer much stronger and increases the chances your offer will be accepted. We have Mortgage Brokers who are excellent at finding clients financing that we can recommend to you if desired. Reputable mortgage brokers offer this service for free.
STEP 3: Geographical Area’s of Interest: Try to map out the geographical areas you are interested in living. Take into consideration items such as, travel time to work, access to shopping, a particular school or anything else that may be of interest to you. Once you have your geographical areas mapped out, your broker can quickly find properties that meet your criteria. If you haven’t decided between a few areas and feel looking at properties in multiple areas would help you decide, that is OK too. Your broker can choose homes in different areas and take you around on a guided tour to help you in your decision making process.
STEP 4: List of Needs and Wants: Make 2 lists. The first list should include items you must have, for instance; the number of bedrooms, bathrooms, yard or no yard, size to accommodate your family, one story vs. two story, accessibility, etc. The second list is your wishes, things you would like to have but that are not absolutely necessary; den, bonus room, pool, acreage, etc. Realistically, for first-time buyers, you probably won’t get everything on your wish list, but it will keep you on track for what you are looking for.
8 Steps For Buyer’s
8 Steps For Buyer’s
STEP 5: Organization: Keep items handy that will assist you in your home search efforts. Such items may include: 1. Paper and pen for taking notes. 2. Detailed maps with areas of interest highlighted. 3. A file with all the homes your broker has shown you and ads or clippings of homes you have seen or are interested in. 4. A digital file of images or videos of properties you have seen to help refresh your memory. 5. Notes on homes in areas you have looked with an emphasis on looking at the home as a seller. Would a 6. potential buyer find the home attractive based on schools, crime rate, next to a source of noise, proximity to shopping, parks or freeway access? When buying a home it is important to also look at your ability to re-sell the home sometime in the future.
STEP 6: Have Vision: More than likely you will not walk into a home that is furnished exactly the way you want it, may not have the paint colors on the wall that you like, the carpet may be the wrong color, the yard may have too many plants or not enough. Most of these items are easily correctable to your liking. You must visualize the home with your furniture and personal touch. Easily fixable cosmetic items should not necessarily be the deciding factor on whether a home will meet your needs. With vision, you may be looking at the home of your dreams.
STEP 7: Be Smart and Objective: Instead of thinking with your heart, think with your head. Does the home meet your needs? Are there enough items from your list of needs to justify purchasing the property? There is no rush to buying a home, as there are always other homes to choose from. The most important thing is that you purchase a home you are comfortable with no matter how long it takes to find it.
STEP 8: Be Thorough: When writing the offer it is important to include a few essential items and to spend a few dollars to save potential heartache. Although your broker should remind you of these items, here are a few to be prepared for. 1. Include inspection and mortgage contingencies in your offer. 2. Have the home inspected by a licensed professional inspector. There are several types of inspections to consider depending on the property and situation. 3. Request a walk-through 24 hours before closing. 4. Confirm the home is being delivered as agreed upon. For instance; the shelving that was attached to the walls hasn’t been removed, the light fixtures haven’t been replaced by inferior ones, etc.
These are just a few of the many items that are required to properly prepare for purchasing a new home. The entire process can be overwhelming if attempted without the help of a real estate professional. Please contact us to discuss some of these points and others in more detail. Again, all of these services and many others are provided to buyers at no cost to the buyer and are essential to completing a successful real estate transaction.
Keeping You Up-To-Date on The Market I will sit down with you and discuss what type of home you are looking for. We will discuss features of the home that are a must have and ones that are more on the “wish list”. From this discussion I will immediately take the answers you gave me and set up the parameters of an RMLS search. This search can be set up to notify myself and/or you directly as soon as a home matching your criteria comes on the market. Additionally, I will reach out to all of my real estate broker contacts to put the word out in the event they may know of a home soon to be coming on the market. Setting up this search and contacting my real estate broker contacts means that my clients will be one of the first in to view the home. Being one of the first to view the home will help reduce the amount of competition on the home which will help in ensuring the home isn’t sold before my client has an opportunity to view it and if a match, make an offer.
Master Certified Negotiation Expert Skilled at Negotiations:
B
uying or selling property can be a very challenging situation.
Having a Real Estate Broker who is skilled at the art of negotiations is vital in any Real Estate transaction. An experienced and skilled negotiator is often overlooked when hiring a Real Estate Broker to represent you. This is often a very costly mistake and one that can’t be undone until it is too late.
CNE
BENEFITS OF HIRING A CNE® AGENT
TESTIMONIALS
SELLERS:
“The Certified Negotiation Expert (CNE®) course was the most informative and I feel most crucial in the real estate industry as our business revolves around being able to attain the best results for our clients.” -Vicki Cooper, Broker
The purchase or sale of property can be both logical as well as very emotional! Multiple parties, conflicting interests, and a myriad of issues can make a simple negotiation very complex. In choosing your real estate professional there is one factor above all others you should consider: how well can your real estate professional negotiate on your behalf?
Ź Better protection
You (the client) set the terms and conditions for your agent to achieve. It is then up to your agent to use all of his/her skills to persuade the other side to accept your terms. You need to be certain your agent has the skills to effectively persuade and influence the other side. Real estate negotiations include many different people and issues. It is in your best interest to hire an agent specifically trained to handle the complexities normally associated with these types of negotiations.
NET: Better results, less hassle, greater satisfaction
An agent who carries the CNE® (Certified Negotiation Expert) designation has been trained in professional negotiation skills by the Real Estate Negotiation Institute, the leading negotiation training and coaching company for real estate professionals in North America. A CNE® professional knows how to use leading edge negotiation practices and techniques for your benefit. You can always be confident your CNE professional will achieve the very best results for you!
Ź More confident, professional approach to your negotiations Ź Knows how to plan for success Ź Stronger ability to resolve conflicts and deal with all types of negotiators Ź Faster sales cycle (fewer days on market) Ź Higher net profit Ź Less stress/inconvenience
BUYERS: Ź Better protection Ź More confident, professional approach to your negotiations Ź Knows how to plan for success Ź Stronger ability to resolve conflicts and deal with all types of negotiators Ź Faster purchase cycle (fewer days to find a home and close) Ź Lower total price/investment Ź Less stress/inconvenience
NET: Better results, less hassle, greater satisfaction
CERTIFIED NEGOTIATION EXPERT
®
CERTIFIED NEGOTIATION EXPERT
Your CNE® professional is trained in advanced negotiation techniques and approaches. This training enables your agent to better help you achieve your goals. Your CNE® professional will be able to handle your real estate negotiations with skill and excellence. You can be confident you will get the very best results when you choose a CNE® professional!
QUESTIONS TO ASK YOUR REAL ESTATE PROFESSIONAL: Ź What professional negotiation training courses have you taken? Ź What do you do differently from other negotiators?
CERTIFIED NEGOTIATION EXPERT
DID YOU KNOW? Ź 98% of CNE® agents believe they provide better protection for their real estate clients after taking the CNE® course Ź 98% of CNE agents believe they achieve better results for their real estate clients after taking the CNE® course ®
Ź 89% of CNE agents say they have more confidence in their negotiation capabilities after the CNE® course ®
Ź 86% of CNE® agents believe they have a higher level of professionalism after the CNE® course
ABOUT YOUR CNE AGENT
®
A guide for Buyers & Sellers
Ź What negotiation planning system do you use? Ź What information will you use in our real estate negotiation and how do you get it? Ź How do you help me determine my options?
For more information on the CNE® designation for real estate professionals visit:
Ź Once I decide on the goals I want to achieve, how do you persuade or influence the other side to accept my terms? Ź How will you avoid deadlocks? Ź What tactics can you use in my real estate negotiation to help achieve my goals?
www.theRENI.com
Hire a CNE® Agent for the Best Results!
“The Seller gave me several compliments on the tactics we used and the confidence they have in me. The CNE® class was the BEST and most valuable I have taken in my years in Real Estate.” -Sherry Rosenlund CNE® “I walked away from the class having the information that I needed to make myself the negotiator that I want to be for my clients.” -Mari Harvin CNE® “This course provides Realtors with immediate skills to negotiate effectively for successful real estate transactions!” -Benjamin Little CNE® “This truly is the “missing-link” class for the real estate licensee and should be part of the required education to obtain a license.” -Judy Elfving CNE® “I went to present a counter to the seller and listing agent tonight. I used the tools that I learned in the CNE® course and it was magic! One hour after I left the house the seller told the agent that he felt I was sincere and would accept our offer. His words- I know slick and that wasn’t slick! -Debra Gravelle CNE® “The CNE® designation enables me to provide my clients with premier representation.” -Emmanuel Fonte CNE® “Once the public learns what additional skills and knowledge CNE® agents have, CNE® agents will be the most in-demand Realtors in their markets. This is an extremely valuable course with fantastic support materials.” -David Hancock CNE®
I have over 25 years of proven negotiation experience and I have been trained by the Real Estate Negotiation Institute and hold their highest designation of Master Certified Negotiation Expert. My clients can be assured they have a seasoned professional negotiator representing them throughout the entire selling process. Benefits range from securing a buyer, keeping a deal together amongst repair and other issues that invariably arise , and of course netting the most possible from the transaction.
Putting Together a Winning Offer The Offer You have looked at several homes and the time has come to make an offer to purchase. This is when it is of the utmost importance to have a professional Real Estate Broker who has the ability and expertise to read the market and is a proven negotiator. It is vital at this point that your offer will be strong enough to have the offer accepted but also not so much that you over pay for the property. Before the offer is submitted, I will be sure to do a comprehensive comparison price report that will give us the best price to submit for the best possibility of an accepted offer. The process of pulling a few past sales as a method of pricing a home just isn’t good enough. I know how important this step in the process is and is the primary reason why I meticulously use a comprehensive pricing strategy.
My process begins by looking at homes in the vicinity of the subject property that are currently on the market, homes that are currently pending sale and homes that have recently sold. Once I have the list of approximately 15 to 25 homes is when my team and my work really begins. We will skillfully make on average of 3-5 adjustments per home to better compare the comparable homes to the subject property. Once completed, we will have made upwards of 150 adjustments and put many hours into the pricing report. Although this is not an appraisal, our pricing report is completed much in the same manner as an Oregon Licensed Appraiser would complete a home appraisal. In my opinion, this is the most accurate way to properly price a property to ensure the buyer gets an accurate market price for the home they are looking to purchase. Ultimately, the price we determine with our extensive and meticulously executed comparative price report will be invaluable when the negotiations begins and will give the buyer the best chance of securing the property without overpaying or losing the property to another buyer.
Inspection Process Professional Home Inspection
The purchase of a home is a very exciting experience and a very big investment, likely one of life’s largest investments. Throughout the life of a home, there are maintenance items that must be addressed. For this reason we always recommend that a professional inspection is done to ensure the buyer has a solid home that won’t surprise them with costly and unexpected repairs.
1^ 1
Buyer(s).
2
Seller{s).
3
Property Address.
4
PROFESSIONAL INSPECTIONS ARE ADVISABLE
This Addendum does not contain a complete list of all Inspections that may be available in your area or that may be desirable. Additional inspections may beof included. The land and dwelling shallreports be inspected below. Theof Real Estate SaleBuyerAgreement is contingent approval the specified within theasallindicated timereports requirements this Addendum. shall promptly provideanduponashall copythe ofBuyer's all reports to Seller if requestedinspections, by Seller. tests Unlessandotherwise indicated, shall be ordered by the party responsible for payment
5 6 7 8
be in writing. Except as modified herein, all provisions of the Real Estate Sale Agreement remain unchanged.
9
REAL ESTATE LICENSEES ARE NOTPROPERTY QUALIFIED INSPECTORS AND DO NOT INSPECTIONS PERFORM THE INSPECTIONS, TESTS AND REPORTS OR DWELLING
10 11
12 13
Asbestos Electrical
15
16
Exterior Siding
17
The primary goal of the inspections is to determine if any major repairs are required which will allow the buyer the option to ask for the seller to pay for the repairs or, potentially terminate the transaction. We will help you navigate this entire process to be sure you are purchasing a solid home and won’t get yourself into an unexpected financial bind with surprise repairs. You can be confident that we are here to watch out for your best interests.
Perform Inspection or test Ordered & paid by ! Yes ! No [^ Buyer ! Seller Plumbing QYes DNo C; Buyer ! Seller Radon
Perform Inspection or test Ordered & paid by QYes DNo r~l Buyer ! Seller DYes DNo Q Buyer ! Seller
Professional Home Inspection
14
Fireplace/Chimney
18
The inspection, or in some cases 2-4 inspections of different varieties will be done at the buyers expense. The buyer should plan on a cost of anywhere from $400 to $1200, depending on the type of inspections done.
Sale Agreement #
Addendum ______
PROFESSIONAL INSPECTION ADDENDUM
Heating/Cooling
19 20
Land Survey
Mold/Mildew
21
Pest/Dry Rot Other___________
22
23
^Yes QNo \Z Buyer ! Seller IJYes DNo H Buyer ! Seller UYes DNo C Buyer D Seller UYes DNo C Buyer Q Seller I]Yes DNo C Buyer Q Seller UYes QNo L Buyer ! Seller UYes DNo H Buyer ! Seller
PRIVATE WELL
24
Does the Properly contain a Private Well? !Yes !No
26
be attached to the Sale Agreement.
27
Roof
Septic System
Structural
QYes DNo \Z\ Buyer ! seller DYes DNo ! Buyer ! seller QYes GNo lU Buyer ! seller
Toxic/Hazardous Substances ! Yes ! No Underground Sprinklers QYes QNo Underground Storage Tank O Yes Q No Sewer Scope Q Yes ! No
__________________________ DYes QNo
I I Buyer r~l Buyer ! Buyer ! Buyer ! Buyer
! Seller ! Seller ! seller ! seller ! seller
If the property contains a private well, the OREF 082 Private Well Addendum will
38 TIME REQUIREMENTS
29 Time is of the essence. If Buyer needs additional time. Buyer should immediately attempt to secure Seller's written consent to an extension of lime 30 before expiration of the time period described below. All time period agreed upon below may be shortened or extended only by written
agreement between Buyerfor andthe Seller. Expiration of any timefollowing periodanyshallinspection(s)/test(s) occur at 5:00 p.m. performed of the finalby Buyer day oforthat period.behalf. Buyer understands that 3231 Buyer is responsible restoration of the Property on Buyer's
33
3435 1.Agreement Buyer (hereinafter shall have____________business days (tenin[10]whichif not filled in),all after the dateandBuyernegotiations and Sellerwith haveSeller signed regarding and acceptedany thematters Sale "the Inspection Period"), to complete inspections 36 disclosed in any reports selected above. However, during the Inspection Period, Seller shall not be required to modify any terms of this 37 Agreement already reached with Buyer. Caution: If Buyer is unable to receive and review a report selected above before 5:00 p.m. of 38 the final day of the Inspection Period, or Buyer is unable to reach written agreement with Seller regarding any matters disclosed in 39 the reports selected above. Buyer should either obtain a written extension of the Inspection Period or terminate this transaction 40 before 5:00 p.m. on the final day of the Inspection Period. See Sections 2 and 3 below. Note that if, prior to expiration of the 41 automatically Inspection Period, writtenunless agreement is reachedagreewithotherwise Seller regarding ALL Buyer's requested repairs, the Inspection Period shall 42 terminate, the parties in writing.
43
44 2. IF BUYER DELIVERS WRITTEN UNCONDITIONAL DISAPPROVAL TOof SELLER OR SELLER'S of anyas requested tests, reports or other selectedshall abovebebefore the Inspection Period and (or LICENSEE such otherearnest period 47 promptly refunded. 4645 inspections, between the parties in writing), thisservices transaction deemedexpiration to be automatically terminated Buyer's moneyagreed shalluponbe Buyer Initials
Date
Seller Initials
Date
This THIS form hasSYMBOL been licensed for use solely by Timothy Burch LINES WITH f- REQUIRE A SIGNATURE ANDpursuant DATE to a Fonns License Agreement with Oregon Real Estate Forms, LLC. Copyright Oregon Real Estate Forms, LLC 2000 - 2015 www.orefonline.com No portion may be reproduced without express permission of Oregon Real Estate Forms, LLC
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Page 1 of 2 OREF 058
Contractor/Home Recommendations: Home Inspectors PDX Inspect Mike Palmer 503.970.5360
Home Inspections NW Lee Sellick 503-957-0784 Integrity Home Inspections Steve Hadduck 503-246-5076 Inspectek West Inc. Brian Hay 503.799.7761
Radon Inspectors Inspectek West 971-263-0778
Pest Inspectors
Alpha Ecological Svcs 503-292-5346
Oil Tank/Soil Inspectors
Roof Inspectors
Sewer Inspectors
HVAC Inspectors
Soil Solutions 503-234-2118
Ted McBee Boring & Excavating Steve McBee 503.251.0505
Lovett 503.737.8423
Lap/Panel Siding Inspectors A Cut Above Exteriors 503.906.2885
NW Siding Contractors 503-925-8700
EIFS Siding Inspectors Cascade Inspections NW Randy Magley 503.260.7224
Mold Inspectors
Active Mold Control Tim Wyndham 503-699-2910
We always encourage you to do your own full evaluation of any contractors before utilyzing their services.
Cascade Roofing 503.620.2711 Anctil Heating and Cooling 503-281-0752 Jacobs Heating & Air Conditioning 503.234.7331
Structural Inspectors Carlson Geotechnical William Weyrauch 503.601.8250
Seismic Technologies Jay Kushner, P.E. 503.283.8337
Pool & Spa Inspectors
Precise Pool & Spa Service Matt Coker 971.285.7750
Property Disclosures/Closing Property Disclosures The seller is obligated by law to disclose any known defects to the potential buyer, if any are known. Generally, the seller will complete these disclosures before the home is listed for sale and will make them available to any potential buyers. These disclosures are a buyers first indication of any potential issues that may need to be addressed. After the potential buyer carefully reviews these documents, the buyer, in most instances, can rescind their offer to purchase based on the disclosure information within 5 business days of recieving the disclosures. I will be with my client every step of the way through this process to help navigate through these very important disclosures and their contents completed by the seller.
1^ SELLER'S PROPERTY DISCLOSURE STATEMENT Property Address.
INSTRUCTIONS
TO
THE
SELLER
1 Please complete the following form. Do not leave any spaces blank. Please refer to the line number(s) of the question(s) when you provide your 2 explanation{s). If you are not claiming an exclusion or refusing to provide the form under ORS 105.475 (4), you should date and sign each page of
3 this disclosure statement and each attachment.
4 Each seller of residential property described in ORS 105.465 must deliver this form to each buyer who makes a written offer to purchase. Under 5 ORS 105.475 (4), refusal to provide this form gives the buyer the right to revoke their offer at any time prior to closing the transaction. Use only the 6 section(s) of the form that apply to the transaction for which the form is used. If you are claiming an exclusion under ORS 105.470, fill out only
1^
7 Section 1.
Sale Agreement # Addendum
8 An exclusion may be claimed only if the seller qualifies for the exclusion under the law. If not excluded, the seller must disclose the condition of the 9 property or the buyer may revoke their offer to purchase anytime prior to closing the transaction. Questions regarding the legal consequences of LEAD-BASED PAINT DISCLOSURE ADDENDUM
10 the seller's choice should be directed to a qualified attorney.
1 This Addendum must be part of every Real Estate Sale Agreement for the sale of a home built prior to 1978. A copy of the completed
11 DO NOT FILL OUT THIS SECTION UNLESS YOU ARE CLAIMING AN EXCLUSION UNDER ORS 105.470 2 Addendum may be treated as an original. 3 12 Section 1. EXCLUSION FROM ORS 105.465 TO 105.490:
LEAD
WARNING
STATEMENT
4 Every purchaser of any interest in residential real property on which a residential dwelling was built prior to 1978 is notified that
13 You may claim an exclusion under ORS 105.470 only if you qualify under the statute. If you are not claiming an exclusion, you must fill out 5 such property may present exposure to lead from lead-based paint that may place young children at risk of developing lead 14 Section 2 of this form completely. 6 poisoning. Lead poisoning in young children may produce permanent neurological damage, including learning disabilities, 15 Initial onlv the exclusion vou wish to claim. 7 reduced intelligence quotient, behavioral problems and impaired memory. Lead poisoning also poses a particular risic to 16 ________This is the first sale of a dwelling never occupied. The dwelling is The constructed under in building or installation permit(s) 8 pregnant women. seller or of installed any interest residential real property is #required to provide the buyer with any information on 9 lead-based paint hazards from risk assessments or inspections in the seller's possession and notify the buyer of any known 17 _______________________________________issued by_______________________________________. 10 lead-based paint hazards. A risk assessment or inspection for possible lead-based paint hazards is recommended prior to
18 ________This sale is by a financial institution that acquired the property as custodian, agent or trustee, or by foreclosure or deed in lieu of 11 purchase. 19
foreclosure.
12 PROPERTY ADDRESS _________________________________________________________________________________________________
20 ________The seller is a court appointed (Check onlv one): D receiverTOD personal representative D trustee D NO._____________________ conservator D guardian 13 ADDENDUM REAL ESTATE SALE AGREEMENT 21 ________This sale or transfer is by a governmental agency. 14 SELLER'S 22 Signature(s) of Seller(s) Claiming Exclusion
15 1.
16 (a)
ftl
DISCLOSURE
Sale Agreement #
Addendum ______
Presence of lead-based paint and/or lead-based paint hazards (check either (a) or (b) below):
EH Seller has knowledge of lead-based paint and/or lead-based paint hazards in the housing (explain).
23 Seller_________________________________Date ___________4Seller_________________________________Date ___________<17 . _____________________________________________________________________________________________________________ EXTERIOR SIDING / STUCCO / E.I.F.S. DISCLOSURE 18 ___________________________________________________________________________________________________________ . Buyer(s)_______ n Seller has no knowledge of lead-based paint1 and/or lead-based paint hazards in the housing. 2 Records and reports available to the Seller (check either (a) or (b) below): Seller(s)__________
19 (b) 24 Signature(s) of Buyer(s) Acknowledging Seller's Claim 20 2.
21 (a) EH SellerBuyer_________________________________Date has provided the Buyer with all 3 available records reports pertaining to 25 Buyer_________________________________Date ___________<Property___________4Address and
lead-based paint and/or lead-
22 based paint hazards in the housing (list documents below): 4 23 _____________________________________________________________________________________________________________ In addition to natural wood siding, commercially-made siding products have been used on the exterior of homes and other structures.
5 ___________________________________________________________________________________________________________ 26 IF YOU DID NOT CLAIM AN EXCLUSION IN24SECTION 1, YOU MUST FILL OUT THIS SECTION. Commercially-made siding products (hereinafter referred to as "Siding") have been .used in lap (board), panel (sheet). Stucco (including Exterior
25 (b) 27 Section 2. SELLER'S PROPERTY DISCLOSURE STATEMENT 28 (NOT A WARRANTY) (ORS 105.465)
Q Seller has no records or reports pertaining to6 lead-based and/or lead-based paintandhazards in the housing. Insulated paint Finishing Systems "E.I.F.S.") other applications in a variety of textures. Some of these products have been involved in class action
26 BUYER'S ACKNOWLEDGMENT (Initial below):
7
8
lawsuits. Buyer and Seller are advised that neither the Listing Licensee nor the Selling Licensee can guarantee when, if ever, claims from such lawsuits will be paid. Buyer(s) is/are advised that some claims that have been paid by companies pursuant to the terms of class action
27 1.________Buyer has received copies of all information 9listedsettlements at 2(a) above. have been less than Initially promised or expected by the recipients. 28 2.________Buyer has BY received the pamphletCONCERNING Protect Your Family from LeadOF in THE Your Home. 29 NOTICE TO THE BUYER: THE FOLLOWING REPRESENTATIONS ARE MADE THE SELLER(S) CONDITION 10 THE Buyer has the duty to pay diligent attention to any material defects which are known to Buyer or can be known by Buyer by utilizing diligent 29 3. Buyer has (check either (a) or (b) below); 11 attention and observation. 30 PROPERTY LOCATED AT ______________________________________________________________________________"THE PROPERTY."
30 (a)
Q Pursuant
to
the
provisions
contained
in
the
"Lead
Based
Paint
Inspection"
section
of
the
Real
Estate
Sale
31 Agreement, receivedONa THE 10-day opportunity (or ACTUAL mutuallyKNOWLEDGE agreed upon period) to conduct a riskSELLER'S assessment or inspection for 31 DISCLOSURES CONTAINED IN THIS FORM ARE PROVIDED BY THE SELLER BASIS OF SELLER'S OF THE DISCLOSURE 12 theFIVE presence of lead-based paint lead-based paint or 32 PROPERTY AT THE TIME OF DISCLOSURE. BUYER 32 HAS BUSINESS DAYS FROM THEand/or SELLER'S DELIVERY OFhazards; THIS SELLER'S
13 33 (b) BYQ Waived the opportunity to conduct a risk assessment or inspection thearepresence lead-based and/or Disclosures contained form provided of by the Seller on paint the basis of Seller's actual knowledge 33 DISCLOSURE STATEMENT TO REVOKE BUYER'S OFFER DELIVERING BUYER'S SEPARATE SIGNED WRITTEN STATEMENT OFin thisfor 14 34 lead-based paint hazards. disclosure. Seller 34 REVOCATION TO THE SELLER DISAPPROVING THE SELLER'S DISCLOSURE STATEMENT, UNLESS BUYER WAIVES THIS RIGHT ATagrees OR to notify Buyer of any material corrections or changes to the answers below.
35 PRIOR TO ENTERING INTO A SALE AGREEMENT. 35 LISTING LICENSEE'S ACKNOWLEDGMENT (Initial below): 15
36 ____Licensee
has
1. Is all of the siding all-natural wood? informed the seller of the seller's obligations under 42 USC 4852d and 16
is aware of his/her responsibility to 2. Identify manufacturer(s) and product name(s) of Siding on all structures, if known: _
37 ensure compliance.
of the Property at the time of
D
Yes
D
No
D
Unknown
D
Yes
D
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D Unknown
D
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D
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D
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D
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17 36 SELLER_______________________________Date ___________•«! SELLER_______________________________Date ___________<!
38 RIGHT OF CANCELLATION WITHIN LEAD-BASED PAINT CONTINGENCY PERIOD
18 3. Is the Siding covered by a warranty? 39 If this Lead-Based Paint Disclosure Addendum (hereinafter Addendum") delivered Buyer settlement? after Buyer's offer is 19 4. Isthis the "Disclosure Siding involved in a class is action lawsuittoor court This form has been licensed for use solely by Timottiy Burch pursuant to a Forms License Agreement with Oregon Real Estate Forms, LLC. 40 accepted by Seller unless waived pursuant to Section 3, Buyer's Acknowledgment of this Disclosure Addendum, Buyer shall have the right
20 5. Are there any defects or problems with the Siding? 41 toAND cancel the Real Estate Sale Agreement within ten (10) calendar days which shall commence when Buyer and Seller sign this Disclosure LINES WITH THIS SYMBOL 4- REQUIRE A SIGNATURE DATE Buyer Initials21______/______Date by Buyer giving written notice of cancellation to6. Seller or Seller's agent. Upon such cancellation, all earnest of moneythe deposit(s) Have there been any inspections Siding? H Copyright Oregon Real Estate Forms, LLC 2000-201542 Addendum, www.orefonline.com 43 shall be promptly refunded to Buyer and this transaction22shall be terminated. If yes, attach copies if available.
No portion may be reproduced without express permission of Oregon Real Estate Forms, LLC OREF 020
of 5 7. Have there Page ever 1been any claims filed for this Siding by you or by previous owners? www.zipLoaix.com 45 The following parties have reviewed the information certify, the best of their knowledge, that the information they 24 above and a) If yes,to when was the claim(s) filed?__________________________________________
44 CERTIFICATION OF ACCURACY Produced with zipForm® by zipLogix 18070 Fifteen Mile Road, Fraser, IVIichigan 48026
46 have provided is true and accurate.
23
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If yes, attach copies if available.
25
47 Buyer_________________________________ Date___________^ Seller __________________________________ Date___________4b) Was there money received?
26
Unknown
D Yes D No Has any Siding been replaced? D Unknown 48 Buyer_________________________________ Date___________4- c) Seller __________________________________ Date___________4r 28 Commercially-made siding can develop problems in the future which may necessitate repair or replacement and could affect the home's 29 insurability. A professional siding inspection is recommended. 49 Selling Licensee_________________________________________ Listing Licensee____________________________________________ 27
50
30
EXPLAIN ALL ANSWERS TO QUESTIONS NOS. 3-7 MARKED "YES'
Selling Firm ____________________________________________ 31
Listing Firm________________________________________________
This form has been licensed for use solely by Timothy Burch pursuant to a Forms License Agreement with Oregon Real Estate Forms, LLC. 32 LINES WITH THIS SYMBOL ^ REQUIRE A SIGNATURE AND DATE 33 Copyright Oregon Real Estate Forms, LLC 2000-2015 www.orefonline.com 34 Oregon Real Estate Forms, LLC No portion may be reproduced without express permission of 35
Produced with zipForm® by zipLogix 18070 Fifteen Mile Road, Fraser, H/lichigan 48026
OREF 021
www.zipLoaix.com
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37 Buyer_
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38 Selling Licensee
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This form has been licensed for use solely by Timothy Burch pursuant to a Forms License Agreement with Oregon Real Estate Forms, LLC. LINES WITH THIS SYMBOL 4- REQUIRE A SIGNATURE AND DATE Copyright Oregon Real Estate Forms, LLC 2000-2015 www.orefonline.com
No portion may be reproduced without express permission of Oregon Real Estate Forms, LLC
Produced with zipForm® by zipLogix 18070 Fifteen me Road, Fraser, IVIicliigan 48026
OREF 025
www.zipLoaix.com
Closing Keeping you well informed of the closing process is of the utmost importance me. I will communicate with your lender, sellers agent and title company to be sure your closing remains on schedule. I will be in constant contact with you via phone and email giving you updates along the way so you know exactly how the closing schedule is progressing. I will also give you a schedule of events that will occur during the process with specific dates so you know exactly what to expect. You will be “in-the-loop” the entire time and can be assured you are fully aware of how the closing is coming and when you can plan to open the door to your new home!
Home Warranty Home Warranties can be purchased on the purchased home to cover items from plumbing and electrical systems to all of the appliances in the home and much more. I always recommend purchasing a home warranty to cover items that can be costly to repair but can be covered for a relatively small cost with a home warranty. The Home Warranty can be purchased at closing or we can negotiate for the seller to purchase the warranty for the buyer.
Application - Protecting Your Home Made Simple Confirmation # ____________________ Please give your client a sample contract. Contract will be sent to the buyer upon receipt of payment by First American.
1. COMPLETE YOUR CONTRACT INFORMATION
2. CHOOSE YOUR COVERAGE & OPTIONS
(Single-family residence under 5,000 square feet)
BASIC PLANS __________________
Service Call Fee - $60
BUYER’S/SELLER’S COVERAGE
ADDRESS TO BE COVERED:
Buyer’s coverage 1 year, seller’s coverage maximum 180 days.
*Street Address _____________________________Unit # __________ *City __________________________*State _______*Zip ____________ REAL ESTATE COMPANY ____________________________________ *Phone _______________________*Fax_________________________ (Main Office #)
Single-Family Home Condominium/Townhome/Mobile Home
$290 $255
VALUE PLUS PLANS
Includes basic coverage, Air Conditioning and First Class Upgrade.
Single-Family Home ($54 SAVINGS) Condominium/Townhome/Mobile Home ($69 SAVINGS)
$420 $370
MULTIPLE UNITS
*Email _____________________________________________________
Representing
Buyer Seller *Agent _____________________________________________________
(Referring Agent)
OTHER BROKER COMPANY __________________________________ (If applicable)
Phone ________________________Fax _________________________ (Main Office #)
Buyer’s coverage only. Not available for new construction.
Duplex Triplex Fourplex
$435 $610 $790
NEW CONSTRUCTION COVERAGE Buyer’s coverage only. Covers years 2-4.
Single-Family Home/Condominium/Townhome/Mobile Home
$435
OPTIONAL COVERAGE ___________________________________
Seller’s optional coverage available when basic buyer’s/seller’s coverage is selected.
Email ______________________________________________________
Representing
Buyer Seller Agent______________________________________________________
CLOSING COMPANY ________________________________________ Name ______________________________________________________ (Closing Officer’s Name)
Phone ________________________Fax _________________________ (Main Office #)
Est. Close Date ________________File # ________________________ *BUYER’S NAME ____________________________________________ *BUYER’S PHONE ___________________________________________ *BUYER’S EMAIL ____________________________________________ *SELLER’S NAME ___________________________________________ (*) Requested fields if available. Any missing information or incomplete fax may result in delay of order being placed or placed incorrectly.
FOR SELLER Heating, Air Conditioning & Ductwork Coverage
$60
FOR BUYER and/or SELLER First Class Upgrade
$99
FOR BUYER Central Air Conditioning Clothes Washer/Dryer Kitchen Refrigerator (Includes built-in and ice maker) Additional Refrigeration (up to 4 units) Pool and/or Spa Equipment
$85 $85 $50 $35 $180
(Includes Salt Water Pool/Spa Equipment. No additional charge if separate equipment)
Septic Tank Pumping Septic Tank System Well Pump Clothes Washer/Dryer/Kitchen Refrigerator (Save $15)
$35 $50 $85 $120
TOTAL: _______________ Call 800.444.9030 for quotes on homes over 5,000 sq. ft., 5-10 units, guest homes and optional coverage pricing for new construction homes and multiple units. See contract for coverage details.
3. SIGN & ORDER ONLINE AT FIRSTAM.COM/WARRANTY I DESIRE the home warranty coverage and options I have marked above. I DECLINE the benefits of this coverage. I agree not to hold the above real estate company, broker and/or agents liable for the repair or replacement of a system or appliance that would otherwise have been covered by this plan.
Signature __________________________________________________________________________ Date ______________ The real estate agent offering this program does so as a service to protect their client’s best interest. They receive no direct commission or compensation from First American Home Buyers Protection. Member of the NATIONAL HOME SERVICE CONTRACT ASSOCIATION. Phone Orders: 800.444.9030 | Fax: 800.772.1151 | Service: 800.992.3400 | P.O. Box 10180, Van Nuys, CA 91410-0180 | Web: www.firstam.com/warranty
Recommended Vendors: Carpet Cleaning
Landscaping
Prowash Plus 503.579.6766
EDGE Landscaping & Maint. Daniel Everson 503.680.5888
Acclaim Nolan 503.319.9186 TechClean Carpet Cleaners Paul Heywood 503.351.6673
House Cleaning
Biosweep Decontamination Svcs 1.877.617.2847
CleanCo Teresa Nelson 503.750.0945 Stars Cleaning Service Estela Ramos 503.526.3862 Constancia Cabral 971.732.9486
Floor Covering
Koeber’s Carpet Jerry Koeber 503.641.1901
Northwest Tree Specialists Trevor March 503.645.2242
Painting
Adrians Painting Adrian Ballestero 503.449.3813 Nathan Hanks 503-740-1656
Custom Painting LLC Ovi 503.757.1983
Window Coverings
Utilities
Comcast Cable
800.266.2278
Garbage: Allied Waste
503.636.3011
Aloha Garbage
503.649.6727
Hillsboro Garbage
503.648.4219
Walker Garbage
503.531.6330
Waste Mgmt
503.331.2221
NW Natural Gas
503.226.4211
PGE (electricity)
503.228.6322
Phone: AT&T
888.333.6651
Comcast
800.COMCAST
Qwest
800.244.1111
Sprint
888.211.4727
Verizon
800.922.0204
Premier Window Coverings 503.533.0922
Water (Ptld City)
503.823.7770
Water (TV Water)
503.642.1511
Sue Epps Window Coverings 503.469.0169
Water (Raleigh Dist)
503.292.4894
Water (Tigard)
503.718.2460
Tim Burch Broker Allison James Estates & Homes Master Certified Negotiation Expert™ O: (503) 427.1699 • C: (503) 330.7481 • F: (503) 427.1677 www.TeamBurch.com • Tim@TeamBurch.com 8215 SW Tualatin Sherwood Rd. Ste. 200 • Sherwood, OR 97062
We always encourage you to do your own full evaluation of any contractors before utilyzing their services.