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									SELLER'S WORKSHEET Name: David (Home) (777) 888-9999 Edmonson (Cell) (777) 888-9999 Date of first contact: (Work) 3/1/02

(77799) 988-8888

Email: babyfacedavid@yahoo.com Address: 315 Somewhere Place City: Villa Rica Subdivision: Woodbridge Where did you hear about us? Road Sign Payoff amount? Payments current: Yes $76,500.00 No Payment amount? How many behind? $302.32 Interest Rate? 0 0 5.3 State: GA County ZIP Code: No Is the house occupied: Yes Douglas 30998

What repairs are needed? Carpet and paint inside? Est. appraise value? $750,000.00 Would you take what you owe? Is that the best you can do? When would you like to close? Please describe your home: Year Built: Bedrooms: Any special features: Lot size: Bathrooms:

Vinyal siding finished; sheet rock work; update various room in the house; insulate the floors; new HVAC upstairs and down stairs Somewhat Last app. date
Yes No

Est. Cost? Est. Cost?

$14,450.00 $2,340.00 $700,000.00
Yes

2/22/03 Last app. value

Would you consider owner financing a portition? If No, what?

If no, what is the least you would take if we could pay all case and close quickly?
Yes No

$750,000.00 $0.00

3/22/2006

Garage: Finished Basement:

Why would you want to sell such a nice home? Is your house listed with a realtor?
Yes No Yes No

(If yes, not a problem, we can get a release)

Interested in us making your payments and maintaining your property and let you get on with your life? Thank you very much for calling. We'll get back to you, if we can help give you some options for buying your home.

Comments:

80% 80%

of appraised value = ARV = Subject To Yes

$600,000.00 $583,210.00 No

STANDARD PURCHASE AND SALE AGREEMENT
PARTIES: Hometown Real Estate Services (Buyer) and/or assigns agrees to buy and David Edmonson (Seller) agrees to sell the Property commonly known as 315 Somewhere Place, Villa Rica, GA 30998 . The Property is in Douglas County. The Property will be conveyed by General Warranty Deed. Seller agrees to deliver the Property in its present AS-IS condition, except as otherwise specified herein. Seller warrants that he knows of no latent defects, no flood plains, issues, studies or other problems with the Property, and agrees to remove all debris. SEE EXHIBIT "A" ATTACHED HERETO AND INCORPORATED HEREIN BY REFERENCE. PURCHASE PRICE: a. Earnest Money Deposit ……………………………………………………….…………… $ b. Additional Earnest Money Deposit due upon acceptance of this Agreement ……………... $ c. Subject To Existing Loan (approximately) ………………………………………………… $ d. Subject To Existing Loan (approximately) ………………………………………………… $ e. Seller Financing ……………………………………………………………….…………… $ f. Cash to Seller at Closing ……………………………………………………….................... $ g. New Loan(s) ………………………………………………………………….…………… $ h. TOTAL PRICE ("Purchase Price"): approximately exactly …….................................$

1.00 100.00 0.00 0.00 0.00 101.00

EARNEST MONEY will remain as a deposit toward purchase at closing, unless returned due to Seller’s failure to perform or a contingency not being met. Seller acknowledges receipt of earnest money indicated above by initials shown here: ________ ________ BUYER WILL PAY: 100 SELLER WILL PAY: % of all usual and customary closing costs for said loan, including the Georgia intangible tax. % of closing costs. Seller is required to pay the transfer tax of $1 per $1000 of purchase price.

ALL CASH / NEW LOAN: This Agreement is subject to Buyer’s acquisition of acceptable financing according to Buyer’s sole discretion. All taxes, insurance & interest on loans, condo/association fees will be prorated (Seller pays their share, Buyer pays their share) as of closing. Seller is responsible for payment of water and/or sewer assessments, past due bills, or liens. SUBJECT TO EXISTING LOAN: The Buyer will assume existing escrow account at no cost to Buyer and any escrow shortage will be paid by Seller. SELLER FINANCING: The balance due to Seller indicated on line “e” above will be evidenced by a Promissory Note of Buyer, secured by a Security Deed or Mortgage on the Property and delivered to Seller the date of closing, with the following terms:

INSURABLE TITLE & CLOSING: Seller warrants that he/she is vested with full powers and authority to enter into this Agreement. If Seller has marketable & insurable title, then this Agreement will be closed and the deed and other closing papers delivered within 30 days after the acceptance of this agreement, and all stipulations and conditions of this Agreement have been met. Buyer or Seller may, by notice to the other party (notice must be received on or before the closing date) extend this Agreement’s closing date up to seven (7) days from the above stated closing date. If title is not marketable and insurable, title defects or encroachments will be cured at Seller’s expense, and Buyer will close within 10 days of cure. If Seller cannot provide marketable/insurable title to Buyer by closing, then the Buyer can, at his sole discretion, either: (1) extend this Agreement or, (2) have Seller return to Buyer all earnest monies paid and fees incurred for curing title and preparing for closing including, but not limited to, surveys, attorneys fees and appraisal. Once these monies are returned to Buyer this Agreement will be null and void. Tenant and/or Seller must vacate and leases must be legally terminated prior to closing. Buyer has a right to a home inspection and appraisal of Property no more than 14 days after a binding agreement has been reached and binding contract is received by Buyer. Agreement is contingent on Buyer’s acceptance of inspections and appraisal. LOSS/DAMAGE: If Property is damaged by fire or other casualty prior to closing, Buyer and Seller will have the option of re-negotiating. DEFAULT & TIMING: If Buyer should default on any provision of this Agreement, then Seller’s exclusive remedy is to retain the earnest money as full and complete liquidated damages and agreed upon settlement in full. If Seller fails to perform for any reason, all loan, sales, and closing costs incurred by any party will be the responsibility of Seller; and earnest money will be returned to Buyer; and Buyer may enforce this Agreement through an action for specific performance, the prevailing party shall be entitled to recover court costs and attorney fees. All parties agree that fax signatures/initials are legal and binding. MOVE-OUT AFTER CLOSING: $ shall be held in closing agent’s escrow account until Seller vacates and all debris is removed from Property to Buyer’s written satisfaction. Seller shall vacate and remove all debris from Property no later than hours after closing or forfeit all money held in escrow to Buyer as liquidated damages to remove debris. Any damage to Property caused by removal of debris shall be deducted from money held in escrow. If Seller does not vacate within the specified time, a charge of $ a day will be assessed and deducted from the escrowed amount. ADDITIONAL TERMS:

As evidenced with their signatures below, the parties agree to the terms and conditions of this Agreement and acknowledge receipt of a complete original copy.

Buyer Seller Seller Existing Loan Information: Lender Name Lender Name

Date of Offer Date of Acceptance Date of Acceptance SSN SSN Phone Phone

Phone Phone

Loan # Loan #

Key FirstName LastName Address City State 4038David David Edmonson 315 SomewhereRica GA Villa Place

Zip

County 30998 Douglas

Addressto

Cityto

Stateto

Zipto

Payoff Appraised Repairs Paint QuickCash Takepayoff 76500 750000 14450 2340 750000 TRUE

Subject to FALSE

Owner Finance FALSE

80%ARV CashOffer SubjecttoOffer OwnerFinanceOffer 583210 FALSE FALSE FALSE


								
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