EastIdahoProperty.com Buyer Questionnaire
We are excited to work with you on your new purchase. Over the years we have found that getting the right information in place helps to prevent errors, omissions, and communication problems, so this questionnaire is vital to a successful offer and contact. Please do your best to be accurate and provide complete answers where possible. And here we go!
Buyer One Information
We use this information to create your offer and title uses it for closing documents and recording.
Buyer One - First Name *
This is your first name as it will appear on the offer and title.
Your answer
Buyer One - Last Name *
This is your last name as it will appear on the offer and title.
Your answer
Buyer One - eMail Address *
The state of Idaho requires a separate email address for each signer on eSign documents. Please enter a unique email from others that will be on this offer.
Your answer
Buyer One - Phone Number *
Please enter a mobile phone number if possible.
Your answer
Buyer Two Information
We use this information to create your offer and title uses it for closing documents and recording.
Buyer Two - First Name *
This is your first name as it will appear on the offer and title.
Your answer
Buyer Two Last Name *
This is your last name as it will appear on the offer and title.
Your answer
Buyer Two - eMail Address *
The state of Idaho requires a separate email address for each signer on eSign documents. Please enter a unique email from others that will be on this offer.
Your answer
Buyer Two - Phone Number *
Please enter a mobile phone number if possible.
Your answer
Contract In your name or organization? *
Please choose "Buyers Names" if you want the offer / contract in your name(s). If you would like to take title in the name of a organization such as a trust, LLC or Corporation, please choose organization name.
Organization Name
This is the full legal name of the organization IF you will offer and take title in an organization name. Leave blank if you choose "In Buyers" names.
Your answer
Mailing Address For Documents *
If our office or title needs to send physical documents to you, where should we send them. Please provide Address, City, State, and Zip
Your answer
Financial Information
The information below is critical to writing an offer and providing information to you about what specific terms mean and why they are important to you. Please read and answer carefully.
How will this purchase be funded? *
All cash means that you will not use a lender or any other note to purchase the property. Financing means that you are applying for a loan and you will pay a mortgage.
Is the purchase of this property contingent upon the sale, refinance, and/or closing of any other property? *
VERY IMPORTANT: If you answer no to this question, you are saying that financing cannot be used as a contingency. You will be at risk of losing your earnest money if you choose to pull out of the contract. If the money you are using to purchase your new home is coming from the sale of another home, or some other refinancing, YES is the correct answer.
Financing Type *
What types of financing are you eligible for?
Required
I have applied for a loan. *
Lender Details
Working closely with your lender helps us make sure that things go smoothly from contract to close. It also helps us prevent "surprises" with respect to costs and closing expeses.
Lender Contact Name
Who are you working with?
Your answer
Lender Company Name
What is the company working on your loan application?
Your answer
Lender Phone Number
Your answer
Lender eMail Address
Your answer
I have been: *
A pre qualification is mostly for you and is an estimate of what your buying power will probably be. A pre approval letter is for your sellers. It tells your seller that the lender has researched your financial situation and they feel confident they can loan you up to a specific amount. When an offer is accepted, a loan application is submitted and funding is committed, at which time the title company can move the transaction toward recording and disbursement of funds.
How much have you been approved for? *
Your answer
What is the approximate interest rate? *
Your answer
What is the term of the loan? How many months? *
Your answer
How much earnest money will you provide at the time your offer is accepted? *
1% of the purchase prices is often used as a suggestion for earnest money. This money is deducted from what you will owe or receive at the time of closing.Your answer
Your answer
Are there any special conditions that must be met in the contract? For example, you are out of town and you are making the offer contingent upon a walk-thru to be conducted when you come to town on a certain date.
Your answer
Property Being Purchased
Information about the property you will be making an offer on.
Property Address *
Please provide street address, city, state, zip
Your answer
Will you be using this property as your primary residence? *
IMPORTANT: If you answer yes, you may be entitled to claim the Idaho Property Tax Exemption on your home. If it will be a rental, it will not quality.
Do you want to keep your option for a formal home inspection. *
This is highly recommended. A home inspection helps you know of unforeseen issues with a property. An average home inspection on a home up to 4000 sq ft is about $350.
Are there any items at the property that you wish to have included in the sale of the property? If so, what?
Your answer
Concessions
What is a concession? A seller's concession is an amount of money paid toward closing on your behalf. Generally, this money is used to pay for closing costs, but sellers occasionally concede money if they realize there are repairs that need to be made on the property. (Please enter a dollar amount or a percentage of the offer amount)
Your answer
Desired Closing Date *
Your answer
Submit
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