Counter Offer (Page 2 of 4) in pdf

Address _______________________________________________________________________________________

less than a specific interest rate. Seller recommends Buyer lock the interest rate as soon as possible. Buyer’s

instructs and authorizes lender to provide all financial, including credit report and other related information about

Buyer to Seller and/or Seller’s agent. If buyer is unable to obtain financing within due diligence period with buyer‘s

chosen lender, buyer to submit loan package to Silver Star Mortgage.

G. APPRAISAL Buyer to pay for appraisal(s) in advance. Appraisal to be completed within __________ days of

acceptance of offer/counter offer. Appraisal conditions to be limited to $ ________________.

G. (a)

If Checked Buyer and Seller acknowledge that in the current Real Estate market, appraiser’s valuation

places on the property is not always reflective of the true market value of the property today, since they

are working with historical data with may be up to 6 (six) months old. The value is determined by what

the Buyer is willing to pay and what Sellers are willing to accept. Therefore, Buyer acknowledges he

can and will purchase the property for the agreed upon price, making up the difference in cash with no

limit, if necessary, and this offer and acceptance is not contingent upon appraisal value.

H. CCR’S AND PRELIMINARY Buyer may obtain Preliminary Title Report and CCR’s from title Company. Written

notice of disapproval of any matters shown in the Preliminary Title Report or CCR’s must be received by Seller or

Seller’s agent within 10 DAYS from acceptance of this agreement. Failure of notification will be deemed as Buyer’s

full approval of Preliminary Title Report and CCR’s

I. COMMON INTEREST COMMUNITY (CIC) If property has association fees, Buyer to approve association

documents within ______ days from receipt in writing on the two GLVAR forms, Purchasers Receipt of the

“Certificate of Resale Common Ownership Interest Properties” and the “Information Statement Disclosing

Homeowner’s Rights and Obligations”, or this offer is null and void at Seller’s discretion. Association transfer fees

and Capital Contribution fees to be paid by Buyer. In the event escrow fails to close, Buyer to return entire

Association package upon cancellation or reimburse Seller the cost of the package. Buyer is aware of association fee

of approximately $ _________ per __________ and a masterplan fee of approximately $ _________ per

___________.

J. CREDIT INFORMATION If the Buyer is to pay all or a portion of the purchase price by executing a promissory

note in favor of Seller, this contract is contingent upon Seller’s approval of Buyer’s financial ability and

creditworthiness, which approval shall be at Seller’s sole and absolute discretion. Buyer, at his own expense, to

supply Seller with information and documents concerning Buyer’s financial, employment and credit report within 10

DAYS from acceptance of this contract. If such is not provided within that same period or if Seller gives written

disapproval, this contract shall be null and void.

K. INSPECTIONS Buyer acknowledges that Buyer is responsible for making thorough inspections of the subject

property and its surroundings at Buyer’s expense, as well as for thoroughly researching any information available

about the property and its surroundings.

It is recommended by the Seller’s, Keller Williams Realty The

Marketplace, and/or their agents that Buyer obtain an inspection and written report from a Nevada Certified

Inspection firm and a separate written report from specialists if desired, or recommended by Certified Home

Inspector. It is the sole responsibility of the Buyer to inspect and/or verify the subject property so as to fully satisfy

themselves with regard to room sizes, square footage, income and expenses, lot size and boundary lines, whether the

property is or is not located within a flood zone, condition of roof, septic, leach field, well, water quality, lead based

paint, taxes, fungal (mold) contaminants, asbestos, lead piping, soil, foundation, air quality, noise pollution,

insulation, the current and/or purposed zoning of surrounding areas, proximity to current and/or purposed

beltway, freeways, high tension wires, road expansions, and current and/or possible future assessments along with

any other items of which the Buyers may have a concern. Buyer certifies that Buyer has not relied upon information

in the MLS printout, representations, opinions or statements made by Seller or Keller Williams Realty the

Marketplace and/or their agents with regards to the condition of the property or possible violations under city,

county, or other government agency regulations. Written notice of disapproval of any such matter or matters must

be received by Seller or Seller’s agent within 10 DAYS from acceptance of this agreement. Failure of notification

will be deemed as Buyer’s full approval. If a new material defect is discovered after due diligence but prior

BUYER’S INITIALS __________ DATE ________

SELLER’S INTIALS ________ DATE ________

Page 2 of 4

Counter Offer Page 2

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