Offer Prep Form
Please complete this form at your earliest convenience. Once we receive it, we will get that offer pulled together for you right away. Please call us to discuss any of the questions or concerns you may have at 970-460-4006.
Legal Name(s) (How Title Will Be Recorded)
Severalty - Single Owner, 100% Ownership
Joint Tenants - Evenly shared undivided ownership, individual ownership transfers to other party upon death.
Tenants in Common - Ownership can be equal between parties or defined as a percentage interest (we'll assume the former unless you tell us otherwise). Upon death, ownership interest transfers based on probate.
Max Amount of Down Payment
(as either the percentage of the Purchase Price or a specific dollar amount)
Do you have the Down Payment amount entered above available as of today?
Unsure - can you help me answer?
Included Fixtures (attached) and/or Personal Property (detached)
Anything listed in the MLS will be included automatically but please specify if there are any additional items you would like to be included in the purchase. Note that all attached fixtures are included by default, unless explicitly excluded in the contract.
Financing Type or Program (Check all that might apply)
Note that government-backed financing types (VA, FHA, USDA) may not be accepted for all properties.
N/A - Cash Purchase
FHA (Max Purchase Price of $376,000 in Larimer County or $322,000 in Weld County)
USDA (only available for certain, usually rural, properties)
VA (only available to veterans or spouses surviving veterans in most cases)
CHFA Down Payment Assistance Program
Ideal Closing Date / Date Range
Upcoming Date Restrictions / Unavailability (if any)
IE - Vacations, Work Travel, Surgeries, etc that may impact your availability during the contract period.
Seller Concessions (if applicable)
Seller concessions are payments the seller makes towards your closing or loan costs. Except for in unique circumstances they can be a hard sell in the current market and therefore are usually not recommended.
Non-owner-occupant Investor (Rental/Income Property)
Special Notes or Instructions
Pre-Approval Letter or Proof of Funds
Please note that most Sellers will not consider an Offer without a Lender Letter or Proof of Funds documentation, so time is of the essence in getting this to us.
I have already provided a prequalification letter or proof of funds documentation for the MAXIMUM potential purchase price of my offer.
I will contact my mortgage lender to get a prequal letter and/or provide proof of funds documentation directly to you
I've provided my Lender's Contact info. Please request one for me.
I'll gather my proof of funds documentation (i.e. most recent bank account statements) and get that to you right away.
Would You Like to Use an Escalation Clause?
This clause automatically increases the purchase price of your offer in the event of higher competing offers. The clause allows you to use set increments to increase your offer's purchase price up to a maximum price specified by you.
Not sure - can we discuss this further?
Escalation Clause Details (if applicable)
Please include: 1) desired increments above any competing financed offers 2) desired increments above cash offers (usually larger) and 3) the maximum purchase price that you would be willing to pay for this property
Would You Like to Use an "As-Is" Clause?
This clause stipulates that you are purchasing the property 'as-is' and 'with all faults'. In other words, you retain the right to do a property inspection (which we almost always recommend), but represent that you are only retaining the right to terminate based on any potential issues shown by an inspection and will NOT ask the seller to make any repairs or provide monetary concessions. This clause makes your offer more aggressive and more attractive to many sellers who know they won't receive a laundry-list of items to fix after the inspection has been done.
I'd like to talk more about what this means before deciding.
Yes, I'd like to use this clause in my offer.
No, I'd rather not include this clause.
Do You Want to Offer to Make Up An Appraisal Deficit?
This guarantees to the seller that you will bring cash to make up a potential difference between the Appraised Value and the Purchase Price of the property upon Closing (can be up to a maximum amount).
Yes, I'd like to offer to make up an appraisal deficit up to $5,000
Yes, I'd like to offer to make up an appraisal deficit up to $10,000
Yes, I'd like to offer to make up an appraisal deficit up to a different amount (please put the amount in the 'Special Notes' option at the end of the form)
I would like to waive my right to object to an appraisal altogether (risky and very aggressive)
No, I'd rather not include this clause.
Not sure, I'd like to discuss the risks and consequences further.
Appraisal Waiver Amount
Any other notes? Things we should know?
Never submit passwords through Google Forms.
This form was created inside of NoCo Home Team.
Terms of Service