HomeMy WebLinkAboutAmy Wienands Real Estate - PSA - 225 Newell Street - 3.1.2021 dotloop signature verification:ddp.us1F8KP-aowc-FQcy
98-100 Adopted by the Northeast Iowa Regional Board of REALTORS®(Revised 1/15) AMY WIENANUS
®R REAL ESTATE
LISTING AGREEMENT
(RIGHT TO SELL, LEASE, OR RENT REAL ESTATE)
1. THIS AGREEMENT is entered into by and between Seller and Amy W[enands Real Estate
hereinafter called BrokerlReal Estate Company.The term Broker shall include Broker's affiliated Licensees. The term
Se/lershall include Owner, Landlord or Optionor.The term Buyershall include Buyer,Tenant, or Optionee. The terms
sell and sale shall include sell, lease, rent, exchange, or option. Seller or Seller's duly authorized agent, whose signature
appears below, hereby grants to the undersigned Broker, the exclusive right to sell, lease or rent
The Property Known As 225 Newell St. Waterloo, IA 50703
For Period Beginning 3/5/21 and Ending 8/5/21
For$149,900 or such other price and terms that are acceptable to the Seller.
Other Terms and/or Conditions:
2. PROFESSIONAL SERVICE FEE. 4.5
(%)of the sales price shall be paid to Broker if;
a. Broker procures a Buyer during the listing period ready, willing and able to purchase at the above price and
terms, or any other price and terms agreeable to Seller, or;
b. Seller or anyone else sells, exchanges, leases, rents or otherwise transfers the property during the listing period
at any price or on any terms, or;
c. Seller prevents the sale of this property by any adverse action, such as prohibiting the Buyer from making
improvements to the property required of the Buyer prior to settlement by a lender,or by attempting to cancel this
agreement.The Professional Service Fee shall be payable in cash in the county and state where Broker has his principal
office, at the time of the transaction settlement. Seller authorizes Broker or closing agent to pay Broker from Seller's
proceeds of the sale. or,
d. Before the termination of this Listing Agreement, Broker provides Seller the names and adc'�^^^^^�f persons to
whom the property was presented during the listing period or any extension thereof, and if within 30 days(protection
period)after the expiration of this listing or any extension thereof, Seller executes a Purchase Agreement with any person
on the above referenced list period. However, Seller shall not be obligated to pay such compensation if a valid Listing
Agreement is entered into during the term of said protection period.
e. LEASE AGENCY.Shm ild the oroperty or any part be [eased to a tenant nrncitred by Broker or any other Broker a
Professional Service Fee of %)of the base term of the lease and %)of the renewals.The fees are due
one-half upon lease signing and one-half upon lease commencement. During the lease (or extensions), should the ten-
ant purchase this subject property, I agree to pay the sales Professional Service Fee as outlined above, less the leasing
Professional Service Fee already paid for the unexpired term of the lease. Should the tenant lease additional space from
the Owner during the term of any lease resulting from this Listing Agreement, Owner agrees to pay Broker an additional
--------- (%)on the base lease for said additional space. Broker,upon execution of any lease, may record an affidavit
setting forth its right to additional Professional Service Fees upon any renewals, exercised options, extensions, additions
to the lease or purchase of the Property,which affidavit shalt be binding upon the heirs, personal representatives, succes-
sors and assigns of the Owner.
f. BUSINESS SALE. I agree to pay to Broker _ (%)of the SALE PRICE and to promptly execute to the Buyer
and deliver to the Buyer a Bill of Sale(or other reasonable evidence of title or ownership)covering all personal property or
enter into a contract for Bill of Sale.
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98-100(Revised 1115)
Property Known As: 225 Newell St. Waterloo, IA 50703
3.COOPERATIVE BROKERAGE COMPENSATION. Seller agrees that Broker may cooperate with other Brokers
and offer compensationo�o "l—L—rs solely representing the Buyers.
Broker agrees to pay to cooperating MLS Brokers.
Broker shall disclose to Owner, in writing, any policy that would limit the participation of any other brokerage.
4. MULTIPLE LISTING SERVICE (MLS)AUTHORITY. Seller authorizes Broker to process, advertise and
distribute information about the property through the Northeast Iowa Regional Board of REALTORS®Multiple Listing
Service to its subscribers within forty-eight(48)hours. Seller authorizes Broker to release all information regarding the
completed sale of the property to the Northeast Iowa Regional Board of REALTORSO Multiple Listing Service.
5.ACCESS AUTHORIZATIONANSURANCE LIABILITY.While the described property is listed for sale with the
Braker, it is agreed that such property is not considered to be in the care, custody or control of the Broker, Licensees or
employees. Seller authorizes Broker to allow access to the property at reasonable hours by Licensees, MLS Subscribers,
and other persons including but not limited to appraisers, inspectors and utility company personnel,as necessary to
complete the sale. Seller shall maintain in force adequate insurance to protect Seller in the event of any damage, loss or
claims arising from access to the property and/or liability for personal injury and agrees to hold the Broker harmless
therefrom.
6. PROPERTY DISCLOSURES. Seller agrees to provide a signed Seller Disclosure of Property Condition and a Lead
Based Paint Disclosure if required by Iowa Code Chapter 543 B. Seller agrees to indemnify Broker from all damages that
may arise out of undisclosed or incorrect facts or statements of Seller.The Seller acknowledges that the Seller has a legal
duty to disclose to any proposed Buyer any material defects of which the Seller has actual knowledge and which a
reasonable inspection by the proposed Buyer would not reveal.
7. TITLE. Seller agrees to convey the property by Warranty Deed unless otherwise specified and provide an abstract
continued to date of sale, showing good and merchantable title subject to easements and restrictions of record,applicable
building restrictions and zoning regulations. Seller also agrees to pay any mortgage prepayment penalty, all taxes to date of
settlement, and customary settlement costs. Seller will furnish information,which may be required by law and sign corre-
sponding documents needed to be filed with the deed.
8. REMEDIES OF THE PARTIES. If Broker successfully defends any court action brought against Broker by Seller, or
any other person involved in the sale of this property, or it is necessary to employ an attorney to collect sums due hereun-
der, Seller agrees to pay all usual and reasonable court costs and attorney's fees expended by Broker. In addition to the
rights given to the parties under Iowa Code Section 617.3 and not in limitation thereof, it is mutually understood and agreed
that this listing agreement and any contract arising therefrom, shall be deemed to have been made in the State of Iowa and
any and all performance thereunder or breach thereof shall be interpreted, governed and construed pursuant to the laws of
the State of Iowa. The parties consent that the Iowa District Court in and for Black Hawk County shall be the forum in which
to bring any cause of action arising out of or under this agreement, or any subsequent agreement entered into by Seller as
a result of Broker's efforts concerning the above described property. The parties agree that such court shall have jurisdic-
tion of the person or the parties for such action.
9. BROKERAGE SERVICES ONLY. Seller acknowledges that Broker is acting as a Real Estate Broker and not as an
attorney, tax advisor, lender, appraiser, surveyor, structural engineer, property inspector, consultant or other professional
service advisor. Owner is hereby advised to seek such other professional advice as may be important to Owner.
The following minimum service shall be provided to the client.
(1)Accept delivery of and present to the client Offers and counteroffers to buy, sell, rent, lease, or exchange
the client's property or the property the client seeks to purchase or lease. (2)Assist the client in developing,
communicating, negotiating, and presenting offers or counteroffers until a rental agreement, lease,exchange
agreement, offer to buy or sell, or purchase agreement is signed and all contingencies are satisfied or waived
and the transaction is completed. (3)Answer the client's questions relating to the brokerage agreements, listing
agreements, offers, counteroffers, notices, and contingencies. (4)Provide prospective buyers access to listed
properties.
10. NOTICE AND COUNTERPARTS. Any notice required under this agreement shall be deemed given when
it is received in writing either by hand delivery, fax, return receipt requested mail, or electronic mail. Persons designat-
ed for receipt of any notice for the purpose of this agreement shall be the Seller or their Broker. A signed copy of this
agreement, and all addendums or amendments to this agreement shall, taken together, constitute a single binding
agreement.
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9&100(Revised Ill 5)
Property Known As: 225 Newell St. Waterloo, IA 50703
11. ELECTRONIC SIGNATURES. In accordance with Iowa Code ch. 554D, all parties agree that this transaction may
be conducted by electronic means, and certified electronic signatures shall be equally binding.
12. FOREIGN PERSON STATUS. (FIRPTA, Foreign Investment in Real Property Tax Act.) Seller is not a
foreign person as defined in Internal Revenue Code Section 1445 and any related regulations. At closing, Buyer will have
no duty to collect withholding taxes for Seller pursuant to the Foreign Investors Real Property Tax Act of 1980, as
amended.
13. RELEASE OF INFORMATION. Seller authorizes lender(s), contract holder(s)and utility companies to provide
Broker with any and all information regarding the above described property. Seller hereby authorizes Broker to use a"for
sale"sign, electronic lock box,exterior and interior pictures, and all forms of advertising media, including but not limited to
internet, print, radio and television in Broker's efforts to sell the property unless otherwise noted in this agreement.
SELLER OPT OUT:
Seller advises Broker that Seller does not want the listed property displayed on the internet.
Initials Initials
Seller advises Broker that Seller does not want the property's address displayed on the internet.
Initials Initials
Seller acknowledges that by choosing"OPT our consumers who conduct searches on the internet
Initials Initials will not see Information about my listed property.
14.ACKNOWLEDGMENTS. Seller and Broker acknowledge that they have read this agreement, that all information
contained in this agreement is true and accurate to the best of their knowledge and they have each received a copy of the
executed agreement.THIS AGREEMENT may be executed in one or more counterparts each of which shall be deemed
original and all of which,taken together, shall be construed as a single instrument and shall be binding upon the heirs,
successors, assigns, executors and administrators of the parties.
Any modification of this agreement must be in writing and signed and dated by all parties.This property is
offered without respect to race, color, religion, sex, handicap,familial status or national origin.
THIS IS A LEGALLY BINDING AGREEMENT, IF NOT UNDERSTOOD, SEEK LEGALADVICE.
t,s
Signed this day of 20
Seller
Amy Wienands Real Estate
Real Estate Company Seller
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Licensee
Seller
Seller
SellerAddress/Phone
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0 AMYWSATE S
REAL ESTATE
OBSESSIVELY WORKM FOR YOU,
Amy Wienands Real Estate - Listing Program Acknowledgement
Property Address 225 Newell St.Waterloo, IA 50703
Se I Iers City of Waterloo
We are choosing to enter into a listing agreement with Amy Wienands Real Estate.
By selecting a listing program below, we agree to and acknowledge that we
understand the terms and conditions of the specific listing program. In choosing the
Standard Listing Program we understand that Amy Wienands is not obligated under
any circumstances to purchase our home or land/lot. Under the Guaranteed Sale
Program, Amy Wienands is obligated to purchase our home or land/lot only if our
home or land/lot qualifies under the program and only pursuant to the express
terms of said program.
❑® Amy Wienands Team - Standard Listing Program
❑� Amy Wienands Team - Guaranteed Sale Program
Seller Date 3/v/zk
Seller Date
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COMPANY POLICY/AGENCY DISCLOSURE AND ACKNOWLEDGMENT
(To be signed by Seller/Buyer at or prior to the time specific assistance is first provided.)
When you enter into a discussion with a real estate licensee regarding a real estate transaction,you should from the outset
understand who the licensee is representing in the transaction. More importantly,you should understand how that
representation affects your relationship with the Company(the term"Company' hereinafter refers to the Real Estate Company
and its Licensees). Below is a list of the representation options available from Amy Wienands Real Estate (hereinafter referred to
as the"Company")
Licensee has"checked"the appropriate box(s)for each policy that applies to Company.The term"Seller"shall hereinafter refer to
Seller,Landlord or Optioner. The term"Buyer"shall hereinafter refer to Buyer,Tenant or Optionee.
SELLER EXCLUSIVE AGENCY
When the Company/Licensee lists property for sale and the property is sold by a different real estate Company,it is
the policy of the Company to represent the Seller(s)exclusively.
BUYER EXCLUSIVE AGENCY
When the Company/Licensee assists you in writing your purchase agreement and the property is listed with a
different real estate company, it is the policy of the Company/Licensee to represent the Buyer(s)exclusively. If the
Company/Licensee represents the Buyer(s)exclusively,the Company/Licensee may receive compensation for the
transaction from the listing company pursuant to a cooperation agreement between the two Companies or may be
compensated by the Buyer.
SELF REPRESENTATION
A person(s),partnership,or company(buying or selling)may represent themselves in a transaction. If a Buyer or
Seller elect to represent themselves in a transaction,it is the policy of the Company/Licensee to treat that Buyer or
Seller as a"Customer"and not as a"Client'. "Customer"means a consumer of real estate services in connection
with a real estate transaction who is not being represented by the licensee, but for whom the licensee may perform
ministerial acts.A customer may be a client of another broker, may not have yet decided whether or not to be
represented by any broker,or may have chosen not to be represented by any broker. "Client" is defined below under
"Duties of a Real Estate Licensee to a Client".
CONSENSUAL DUAL AGENCY
A.When a real estate company both lists and sells the property(the Listing Company and the Selling Company are
the same company), it is the policy of the Company/Licensee to represent the Seller(s)and Buyer(s)as Consensual
Dual Agent(s).
B.A real estate Company/Licensee acting directly or through a licensee can legally be the Agent of both the Seller
and the Buyer,but only with the knowledge and written consent of both parties. If a Buyer represented by a
Company/Licensee wants detailed information about,or to see,a property of a Seller being represented by the same
Company,the Company/Licensee wants detailed information about,or to see,a property of a Seller being
represented by the same company,the Company/Licensee shall make every reasonable effort to remain impartial to
the parties. In these circumstances,Company/Licensee immediately becomes a Dual Agent.Seller and Buyer
acknowledge that prior to such circumstances,Company/Licensee acted as agent of the Seller and acted as agent of
the Buyer. In those separate roles,Company/Licensee may have obtained information which, if disclosed,could
harm the bargaining position of the party providing such information to Company/Licensee.
Provisions that govern the actions of Company/Licensee:
1. Company/Licensee shall not knowingly say anything which might place one party at a disadvantage,disclose
personal confidence of one party to the other party,including motivation to sell/buy, negotiating strategy,or
any other information a party specifically instructs Company/Licensee in writing not to disclose, unless
disclosure is required by law.
2.Company/Licensee shall not,without prior written consent of Seller, disclose to Buyer that Seller might accept
a price less than the listing price,or accept terms less favorable to Seller than is indicated in the listing
agreement, nor shall Company/Licensee,without the prior express written consent of Buyer,disclose to Seller
that Buyer may be willing to pay a higher price,or accept terms less favorable to Buyer than those indicated in
Buyers last written offer.
3. Company/Licensee will endeavor to be impartial between the parties and shall not represent the interests of
either Seller or Buyer to the detriment of the other party. Company/Licensee is obligated to inform each party
of all facts Company/Licensee knows which would affect the party's decision to permit Company/Licensee to
represent both Seller and Buyer.
Seller and Buyer are not required to consent to Dual Agency.
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ROLE OF BUYER AND SELLER IN CONSENSUAL AGENCY. In a Dual Agency situation,Seller and Buyer acknowledge and agree
they have the responsibility to negotiate and make their own decisions as to what terms are to be included in any agreement for
the purchase and sale of Seller's property.Seller and Buyer also acknowledge they understand that Company/Licensee representing
more than one party to a transaction can create a conflict of interest since both clients may rely upon Company/Licensee's advice,
and the client's respective interests may be adverse to each other.Seller and Buyer understand they may seek independent legal
counsel in order to assist them with any matter relating to a purchase agreement or any other aspect of this transaction.Seller and
Buyer have the duty to protect their own interests and are advised by Company/Licensee to carefully read all documents to assure that
they adequately express the parties understanding of the transaction. If Seller or Buyer have questions regarding the duties and
responsibilities of Company/Licensee,those questions should be resolved before signing this document.
BROKER'S ADMINISTRATIVE TRANSACTION FEE
The broker's administrative fee covers a portion of the cost of printing, handling and archiving all documents required by local,state and
federal laws and regulations. In addition,the Client will also receive a zip drive of all pertinent documents pertaining to their
transaction. The zip drive will be sent by 1't class mail,within 30 business days of closing,to the address provided at closing. All paper
documents will be retained for a period of 5 years. The Client agrees to pay Amy Wienands Real Estate an administrative fee of$198 at
the time of closing.
DUTIES OF A REAL ESTATE LICENSEE TO A CLIENT
A client is a party to a transaction who has an agency relationship with a Company/Licensee for real estate services. A Company/
Licensee providing real estate services to a client shall do all of the following:
a. Place the client's interests ahead of the interests of any other party,unless loyalty to a client violates the Licensee's duties
under the Consensual Dual Agency provision of the Iowa Code or any other applicable law.
b.Disclose to the client all information known by the Company/Licensee that is material to the transaction and that is not
known by the client or could not be discovered by the client through reasonably diligent inspection.
c.Fulfill any obligation that is within the scope of this Company Policy/Agency Disclosure and Acknowledgment,except those
obligations that are inconsistent with other duties that the Company/Licensee has under the provisions of the Iowa Code or
any other law.
d. Disclose to a client any financial interests the Company/Licensee has in any business entity to which the Company/Licensee
refers a client for any service or product related to the transaction.The client is not obligated to use any such recommended
company,and may select a different company. Note:Compan icense circle applicable)has a financial interest in or an
affiliate relationship with the following companies or business entities: Black Hawk County Abstract&Title
DUTIES OF A REAL ESTATE LICENSEE TO ALL PARTIES TO THE TRANSACTION r �
In providing real estate services to all parties to a transaction,Company/Licensee shall do all the following: El
A. Provide brokerage services to all parties to the transaction honestly and in good faith.
B. Diligently exercise reasonable skill and care in providing real estate services to all parties.
C. Disclose to each party all material adverse facts that the licensee knows except for the following:
1. Material adverse facts known by the party
2. Material adverse facts the party could discover through a reasonably diligent inspection,and which would be
discovered by a reasonable prudent person under like or similar circumstances.
3. Material adverse facts the disclosure of which is prohibited by law.
4. Material adverse facts that are known to a person who conducts an inspection on behalf of the party.
D. Account for all property coming into the possession of a licensee that belongs to any party within a reasonable time of
receiving the property.
If you do not understand this document,seek legal advice before signing.The undersigned acknowledges that the Company/
Licensee has made a full disclosure of the types of representation the Company can provide.The undersigned acknowledge receipt
of a copy of this Company Policy/Agency Disclosure and Acknowledgement document.
Seller/Buyer Date Seller/Buyer Date
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Adopted by the Northeast Iowa Regional Board of REALTORS®(Revised 7116)
CONSENT TO DUAL AGENCY
(To be signed by Seller/Buyer at time specific assistance is first provided)
The term'Seller shall hereinafter refer to Seller,Landlord,or Optionor.The tens"Buyer shall hereinafter refer to
Buyer,Tenant,or Optionee.
have read and understand paragraph IV, Consensual Dual Agency of the Company
Policy/Agency Disclosure and Acknowledgment and hereby agree to Consenual Dual
Agency representation in those situations.
Buyer Date Seller Date
Buyer Date Seller Date
Buyer Date Seller Date
Buyer Date Seller Date
y Wienands Real Estate
Company Company
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0 AMYWSATE S
REAL ESTATE
RECEIPT OF FORMS & DISCLOSURES
SELLER(S) / BUYER(S) NAME City of Waterloo
Please initial on each line below that you have received and/or understand each item.
®� mEqual Opportunity in Housing Brochure
® mLead Poisoning — How to Protect Iowa Families Brochure
mIowa Radon Home Buyer/Sellers Fact Sheet
SELLERS
FS-V-1 0 Showing Instructions (For Sellers Only) Showing instructions will be provided
to any licensee who has set an appointment to conduct a private showing of the Seller's home. Amy
Wienands Real Estate cannot guarantee that these instructions will be followed specifically at all
times by such licensee. Seller agrees to contact Amy Wienands Real Estate with any showing
concerns and the Listing REALTOR® will follow up as needed.
BUYERS
0 0 Radon Gas and Mold Notice and Release Agreement (For Buyers Only)
Buyer understands that radon gas and some molds have the potential to cause serious health
problems. Buyer acknowledges they have received and signed the Radon Gas and Mold Notice and
Rase Agreement.
Home Inspection Information (For Buyers Only) Buyer understands a home
inspection may discover/uncover defect in the property. Buyer acknowledges they have received
"Home Inspections: Why You Should Obtain One" regarding the importance of a home inspection.
Bu er has been encouraged to have the property inspected.
En =Home Inspection Waiver (For Buyers Only) Buyer has been informed of the
benefits of a home inspection and hereby waives inspection of property and assumes responsibility
for property condition. Buyer agrees to hold Amy Wienands Real Estate and its Brokers, Licensees,
and employees harmless for any defects discovered with the property.
Q Q Buyer School Acknowledgement Form (For Buyers Only) From time to
time, school boundaries have been reviewed and changed. Amy Wienands Real Estate REALTOR® is
providing information, to the best of his or her knowledge, regarding current school boundaries. We
encourage you to visit the School District's website or the school itself to familiarize yourself with all
current information.
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Seller Date Buver Date
Seller Date Buyer Date
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REALTOR® Date REALTOR® Date
98-103 Adopted by the Northeast Iowa Regional Board of REALTORS®(Revised 10/19)
SELLER DISCLOSURE OF PROPERTY CONDITION 113
PROPERTY ADDRESS 225 Newell St.Waterloo,IA 50703 REALTOR'
OWNERS NAME(S). PLEASE PRINT City of Waterloo
PURPOSE OF STATEMENT: The State of Iowa requires the Seller(s) of certain property to disclose information about the
property to be sold. Completion of this form shall satisfy the requirements of Chapter 558A of Iowa Code which mandates the
Seller(s)disclose the condition of and information about the property the Seller(s) is about to sell.
THIS STATEMENT SHALL NOT BE A WARRANTY OF ANY KIND BY THE SELLER(S)OR SELLER'S(S)AGENT AND SHALL
NOT BE INTENDED AS A SUBSTITUTE FOR ANY INSPECTION OR HOME WARRANTY INSURANCE THE PURCHASER MAY
WISH TO OBTAIN.
SELLER'S(S) DISCLOSURE: As Seller(s), I/We disclose the following information regarding the property and certify that this
information is true and accurate to the best of my/our knowledge as of the date signed. Seller(s) authorizes the agent to provide a copy
of this statement to any person or entity in connection with actual or anticipated sale of the property or as otherwise provided by law. The
following are representations made by Seller(s)and are not the representations of the Licensee, who has no knowledge of the condition
of the property and Seller(s)agrees to indemnify and hold Licensee harmless. If attached to a Purchase Agreement, this Seller Disclosure
of Property Condition shall be fully incorporated therein and shall be made a part thereof as if fully set forth at length therein.The following
representations shall survive any closing and shall not merge into any deed for the property.
INSTRUCTIONS TO SELLER(S):
(1) Respond to all questions or attach reports allowed by Iowa Code Section 558A.4(2).
(2)Disclose all known conditions materially affecting this property.
(3) If an item does not apply to this property, indicate it is not applicable(NA).
(4)Additional pages or reports may be attached.
(5) If the required information is unknown or is unavailable following a reasonable effort, use an approximation of the information, or
indicate that the information is unknown(UNK).All approximations must be identified as(AP).
ALL APPLIANCES &SYSTEMS INCLUDED IN THE TRANSACTION ARE IN WORKING ORDER EXCEPT AS NOTED.
Item Good Working Order? Comments
Alarm System (Built In) NA 0 Yes ❑ No ❑ Unk ❑
Attic Fan NA Yes No Unk ❑
Carbon Monoxide Detector NA Yes ❑ No ❑ Unk ❑
Central Vac System NA Yes ❑ No ❑ Unk ❑
Ceiling Fan NA ❑ Yes No ❑ Unk ❑
Dishwasher(Built In) NA Yes ❑ No ❑ Unk ❑
Furnace Humidifier NA 0 Yes ❑ No ❑ Unk
Garage Door Opener NA ❑ Yes 0 No Unk ❑ Number of Remote Controls:
Garbage Disposal NA ❑ Yes H No ❑ Unk ❑
Gas Grill (Built In) NA b] Yes ❑ No ❑ Unk ❑
Hood/Fan NA Yes n No Unk ❑
Hot Tub(Built In) NA Q Yes ❑ No ❑ Unk ❑
Intercom(Built In) NA Q Yes ❑ No ❑ Unk ❑
Lawn Sprinkler System NA 0 Yes ❑ No Unk ❑
Microwave(Built In) NA 19 Yes ❑ No ❑ Unk ❑
Pool System NA ® Yes rl No ❑ Unk ❑
Range/Oven (Built In) NA Yes ❑ No ❑ Unk ❑
Refrigerator(Built In) NA ❑ Yes ❑ No ❑ Unk ❑
Satellite Dish System NA Yes ❑ No ❑ Unk ❑
Sauna(Built In) NA Yes No Unk ❑
Smoke Alarm NA ❑ Yes No ❑ Unk ❑
Solar Heating System NA Yes ❑ No ❑ Unk ❑
Sound System (Built In) NA Yes ❑ No ❑ Unk ❑
Sump Pump(Built In) NA ❑ Yes B. No ❑ Unk ❑
Trash Compactor(Built In) NA Yes No n Unk
Water Filtration System NA Yes ❑ No ❑ Unk Rented ❑ Owned ❑
Water Heater NA ❑ Yes No ❑ Unk ❑
Water Softener NA Yes ❑ No ❑ Unk ❑ Rented ❑ Owned ❑
Jetted Tub NA Q Yes ❑ No ❑ Unk ❑
Other NA Yes ❑ No ❑ Unk ❑
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98-103(Revised 10/19)
PROPERTY ADDRESS 113
REALTOR`
PROPERTY CONDITIONS, IMPROVEMENTS AND ADDITIONAL INFORMATION:
1. BASEMENT/CRAWL SPACE/SLAB: Any known water, seepage or other problems? Yes E] No M,, Unk❑
Describe:
Repairs/Replacement/Date:
2. FOUNDATION(S):Any known foundation damage or settlement? Yeso NoUnk❑
Describe: ER
Repairs/Replacement/Date:
3. ROOF: Any known problems? Yes® No (q Unk❑
Describe:
Repairs/Replacement/Date:
4.WELL WATER SYSTEM:Any known problems? NARYes❑ No ❑ Unk❑
Describe:
Type of Well Location Age
Has the water been tested? NA'QYes❑ No ❑ Unk❑
If yes, date of last report and results:
Any known plans to bring city or rural water to your area and/or requirements to connect to NA NL Yes❑ No I❑ Unk❑
city or rural water lines when available?
5.CITY SEWER/SEPTIC TANKS/DRAIN FIELDS/OTHER DISPOSAL SYSTEM:Any known problems? Yes[3 No Ig Unk❑
Describe:
Septic System: Has the septic system been inspected by DNR certified Inspector? NA❑Yes❑ No Q Unk❑
Date of Inspection: Certified Inspector name:
Has septic System been pumped? Date last pumped NAE] Yes[] No [g Unk❑
Any known plans to bring city sewer to your area and/or requirements to connect to city sewer? NA[] Yes[] No Unk[3
Describe
Repairs/Replacement/Date: _
Is the property in compliance with local city ordinances requiring that perimeter tile lines NA§qYest] No _ Unk❑
do not drain into the city sanitary sewer?
Describe:
Repairs/Replacement/Date:
6. HEATING SYSTEM(S):Any known problems? Yes[3 No Unk❑
Describe:
Repairs/Replacement/Date:
If you have an LP gas tank, is it rented❑or owned❑Comments:
7. CENTRAL COOLING SYSTEM(S):Any known problems? NA E]Yeses No Unk❑
Describe:
Repairs/Replacement/Date:
8. FIREPLACE(S)/WOOD BURNING STOVE(S):Any known problems? NAOYes❑ No Unk❑
Describe: Date last used:
Repairs/Replacement/Date:
9. PLUMBING SYSTEM(S):Any known problems? Yes El No Unk❑
Describe:
Repairs/Replacement/Date:
10. ELECTRICAL SYSTEM(S):Any known problems? Yes[) No t3 Unk❑
Describe:
Repairs/Replacement/Date:
11. WINDOWS:Any known problems? Yes[3 No Unk❑
Describe.
Repairs/Replacement/Date:
12. PEST INFESTATION:Any known problems? Yes[3 No Unk❑
Describe:
Repairs/Treatment/Date:__
13.ASBESTOS/LEAD BASED PAINT: Any known Asbestos OR Lead Based Paint present? Yes❑ No Unk❑
Describe:
Removal/Remediation/Date:
14. RADON:Any known test(s)for the presence of radon gas? Yeses Non) Unk❑
If yes, test results/Date: Mitigation/Date:
Removal/Remediation/Date:
Page 2 of 3
98-103(Revised 10/19)
PROPERTYADDRESS 113
REALTOR'
15. FUNGUMOLD:Any known fungus or mold? Yes E] No ® Unk❑
Describe:
Removal/Remediation/Date:
16. GROUNDWATER HAZARD STATEMENT will be filed by the Seller(s) at closing regarding the following items.
Are there any known: 1. Wells, 2. Solid waste disposal, 3. Hazardous waste, 4. Underground storage tanks,
5. Private burial site.
Yes❑ No Unk❑
Describe/Location:
17. COVENANTS: Is the property subject to restrictive covenants? Yes❑ No Unk❑
If YES, attach a copy or state where a true, current copy can be obtained. Location:
18. ENVIRONMENTAL CONCERNS:Any known environmental concerns? Yes❑ No Unk❑
Describe:
19. FLOOD PLAIN/FLOODWAY: Is the property located in a flood plain or floodway? Yes El No Unk❑
Flood plain/floodway designation:
20.ZONING: Zoning of this property is: Unk❑
Any proposed changes in zoning, including variances? Yes[] No Unk❑
Describe:
21. REAL ESTATE DISTRICT: Is the property located in a Historical Preservation District? Yes❑ No ® Unk❑
22. OTHER ITEMS:Are you aware of any of the following:
1. Any known features of the property shared in common with adjoining landowners (Example. Yes No Unk❑
walks, fences, roads, driveways, well water system, etc.)whose use or responsibility for
maintenance may have an effect on the property?
Describe:
2. Any known encroachments, easements, common areas (Example: facilities like pools, tennis Yes❑ No Unk❑
courts, walkways or other areas co-owned with others), zoning violations, non conforming uses, or
homeowners association which has any authority over the property?
Describe:
3. Any known fees and/or dues? (Example: homeowner association fees, land lease fees, Yes C] No Unk❑
maintenance fees or other financial obliqations to owner?)
Describe fee and state amount:
4. Any known modifications, remodeling, alterations, or repairs, etc. made without Yes No EP, Unk❑
necessary permits or licensed contractors?
Describe.
5. Any known physical problems? (Example: settling, flooding, drainage or grading problems, etc.) Yes[I No Ej� Unk❑
Describe:
6. Has there been a property/casualty loss, an insurance claim, OR major damage to the property Yes❑ NoUnk❑
OR other conditions? (e.g. fire, wind, hail, flood, landslides.) If Yes, has the damage been repaired/replaced? FP
Describe:
Additional Remarks:
In no event shall the parties hold the Licensee(s)liable for any representations not directly made by the Seller's(s)Agent or Broker.
SELLER(S) DISCLOSURE: THE SELLER(S) HAS OWNED THE PROPERTY SINCE (DATE).
The Seller(s) has stated above the history and condition of all of the items based solely on the information known to the Seller(s).
IN THE EVENT ANY CHANGES OCCUR IN THE REPRESENTATIONS HEREIN, FROM THE DATE OF THIS FORM TO THE
TIME OF CLOSING, SELLER(S) SHALL IMMEDIATELY DISCLOSE SUCH CHANGES IN WRITING TO BUYER(S).
Seller(s)acknowledges requirement that Buyer(s)be provided with the"Iowa Radon Home-Buyers and Sellers Fact Sheet"prepared
by the Iowa Department of Public Health.
You must explain an "YES" response(s)to the above. Use the back of this form or additional sheets as necessary.
3
Seller Date Seller Date
BUYER(S)ACKNOWLEDGEMENT:
Buyer(s) acknowledge receipt of a copy of this Seller Disclosure of Property Condition. This statement is not intended to be a
warranty or to substitiue for any inspection Buyer(s) may wish to obtain. Buyer(s) acknowledge receipt of the "Iowa Radon Home-
Buyers and Sellers Fact Sheet" prepared by the Iowa Department of Public Health.
Buyer Date Buyer Date
Page 3 of 3
dotlooP signature verification:dtlp.Lis l 03k-f2Gh-gfLw
0 AMYWSATE S
REAL_ ESTATE
08SESSNELY WJRkjk;FOO tOu'
ESTIMATE OF SELLER'S EQUITY
SELLER NAME City of Waterloo
PROPERTY ADDRESS 225 Newell St.Waterloo,IA 50703
TENATIVE CLOSE DATE
(a) LIST PRICE $149,900
OFFER PRICE $ $
(b) ESTIMATED CLOSING EXPENSES
Abstracting $485 $ $
Attorney's Fees $85 $ $
Brokerage Real Estate Fee $6745.S0 $ $
Brokers Administrative Transaction Fee $198 $ $.
Closing Fees Paid for Buyer $ $ $
Transfer Tax $239.20 $ $
Overnight Mail Cost $ $ $
Repairs & Inspection Fees $ $ $,
Termite/Pest Inspection/Treatment $ $ $.
TOTAL ESTIMATED CLOSING EXPENSES $7752.70 $ $.
(c) OUTSTANDING DEBTS
First Mortgage Balance $ $ $
Second Mortgage/Liens $ $ $
Prepayment/Penalty (if any) $ $ $
Other Liens, Judgments and Assessments $ $ $
TOTAL OUTSTANDING DEBTS $ $ $
(d) REAL ESTATE TAXES
Real Estate Taxes Due $TBD $ $
Pro-Rated Taxes $ $ $
Special / Other Taxes $ $ $
TOTAL REAL ESTATE TAXES DUE $TBD $ $
(e) ESTIMATED TOTAL EXPENSE $7752.20 $ $
(f) ESTIMATED PROCEEDS TO SELLER $142147.30 $ $
The figures shown are preliminary estimates for planning purposes only. Actual costs will be shown in a
Closing Statement prepared and approved by your closing agent. Other costs not shown here may be
incurred by you. Usual pro-rations will be made at closing for real estate taxes, etc., as specified in the
Purchase Agreement. Your attorney's fees should also be considered as an expense of the sale. Figures
shown are estimates.
tlotloopp verified
nJlt)/Zt 4:53 PM CST
Statement prepared by: Q �cena J2H6-nrvr-emo-61Hx
Seller Date Seller Date