4	Packet of information exclusively for: First Name & Spouse 1st nm LAST NAME and no other.			copyright	02/26/04	do not reproduce w/o permission.
The Decision: Choosing
You've chose an area, viewed the property and considered the pricing, now...
Next, you might review the documents provided by the seller. These have property information from the seller.
	Documents to review that will need to be signed and returned with an offer:
	Sellers Disclosure - Mandatory under Michigan law. Property condition and history.
	Lead Based Paint Disclosure - Mandatory under federal law. Seller knowledge.
Inspections - some common types:
	Before writing an offer, decide whether you wish to have any professional inspections.
	Note the the buyer typically pays for these - the seller rarely does - rarely.
	- Sometimes offers will be made "subject to" acceptable inspection(s) on the property.
	There are various types to consider. Some of the more common ones include......
	TYPE / APROX TIME / APROX COST
	Home / property- 2-3 hours, $250 - 450
	Pest - 15 min. $45 if done w/ home inspection
	Radon - A measuring device is left in the undisturbed property for 48 hours to measure, $40
	Septic / well ( water quality ) - up to 1 hour, varies in price: $50 - 150, less if with home inspection
	Chimney / structural - often done by a contractor, varies
	FHA - requires a number of the above as well as "suitability", 15 min., often done by appraiser.
Your notes: