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Property Information Package

PROPERTY INFORMATION PACKAGE

For Sale 17220 Limberlost Three Rivers MI 49094 Listed for Sale at Appraised Value $320,000 Preview: Call John Bippus at 269-535-4961

www.BippusUSAcom

Broker—BippusUSA.com - Anchor Trade Centre - 11811 Anchor Lane, Three Rivers MI 49093 John Bippus is both the Selling Trustee & Listing Agent

Contents Summary of property informaƟon. Photos County GIS Report (2 pages) Plat Map

Sellers Disclosure Statement Agency Disclosure Statement

Exclusive Listing

John Bippus AARE CAI CES GRA GMAS PSA BippusUSA.com 269 - 244 - 1111

17220 Limberlost, Three Rivers, Michigan

Property Features: 2,179 square feet. Brick and wood, two story. Three bedrooms, two and a half bath. Main floor laundry. Large deck. 2023 S.E.V. $155,000 Parcel# 009 - 161 - 008 - 00 Three Rivers Schools Year Built 1980 Natural gas forced air furnace w/ac. Lot size: 150 X 299 Two car attached garage. Partial finished basement. Current Homestead Property Taxes: $2,500 Estimated tax for new owner: $4,300

Notes: Priced to sell at fair market value of $320,000. This is a spacious family home with nice size rooms, ample closet space, and a beautiful yard with mature trees. Located on a paved dead end street across the street from Sauganash County Club.

Front entry, living room, and formal dining room.

Open concept: family room, informal dining, and kitchen.

Main floor laundry, half bath, and garage.

Main bedroom & bath. Bedrooms 2 and 3. Full bath.

Finished basement and storage.



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LlMBERLOST A SUllDIVISION IN TIE NW 114 OF SECTION 32. TSS.RIIW. LOCKPORT lOWNSHIP.

ST. JOSEPH COUNTY. MICHIGAN.

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SELLER’S DISCLOSURE STATEMENT EXEMPT

This property is exempt from compliance with the seller’s disclosure requirement under Michigan law. SDA (MCL 565.953) Transfers by a fiduciary who does not occupy the residenƟal real estate in the course of administraƟon of a decedent’s estate, guardianship, conservatorship or trust.

IB REALTOR

G:r """"""" CPPORIUIliTY

Disclosure Regarding Real Estate Agency Relationships

Before you disclose confidential infonnation to a real estate licensee regarding a real estate transaction. you should understand what type of agency relationship you have with that Jicensee. A real estate transaction is a transaction involving the sale or lease of any legal or equitable interest in real estate consisting of not less than 1 or not morc than 4 residential dwelling units or consisting of a building site for a residential unit on either a lot as defined in section 102 of the land division act. 1967 PA 288. MeL 560,102. or a condominium unit as defined in section 4 of the condominium act, 1978 PA 59, MeL 559.104. (1) An agent providing services under any service provision agreement owes, at a minimum, the following dwies to the client: (a) The exercise of reasonable care and skill in representing the client and can'ying out the responsibilities of the agency relationship, (b) The perfolmance of the terms of the service provision agreement. (c) Loyalty to the interest of the client. (d) Compliance with the laws, rules, and regulations of this stale and any applicable federal statutes or regulations. (e) Referral of the client to other licensed professionals for expert advice related to material matters that are not within the expertise of the licensed agent. (f) An accounting in a timely manner of all money and property received by the agent in which the client has or may have an interes t. (g) Confidentiality of all information obtained within the course of the agency relationship, unless disclosed with the client's permission or as provided by law, including the duty not to disclose confidential infonnation to any licensee who is not an agent of the client. (2) A real estate broker or real estate salesperson acting pursuant to a service provision agreement shall provide the following senices to his or her client: (a) When the real estate broker or real estate salesperson is representing a seller or lessor, the marketing of the client's property in the manner agreed upon in the service provision agreement. (b) Acceptance of delivery and presentation of offers and counteroffers to buy, sell. or !ease the client's property or the property the client seeks to purchase or lease. (c) Assistance in developing, communicating, negotiating, and presenting offers, counteroffers, and related documents or notices until a purchase or lease agreement is executed by all parries and all contingencies are satisfied or waived. (d) After execution of a purchase agreement by all parties, assistance as necessary to complete the transaction under the terms specified in the purchase agreement. (e) For a broker or associate broker who is involved at the closing of a real estate or business opportunity transaction furnishing, or causing to be furnished, to the buyer and seller, a complete and detailed closing statement signed by the broker or associate broker showing each party all receipts and disbursements affecting that party, Michigan law requires real estate licensees who are acting as agents of sellers or buyers of real property to advise the potential sellers or buyers with whom they work of the nature of their agency relationship.

SELLER'S AGENTS

A seller's agent, under a listing agreement with the seller, acts solely on behalf of the seller. A seller can authorize a seller's agent to work with subagents, buyer's agents andlor transaction coordinators, A subagent of the seller is one who has agreed to work with the listing agent, and who, like the listing agent, acts solely on behalf of the seller. Seller's agents and their subagents will disclose to the seller known information about the buyer which may be used to the benefit of the seller. Individual services may be waived by the seller through execution of a limited service agreement. Only those services set forth in paragraph (2)(b). (c). and (d) above may be waived by the execution of a limited service agreement.

BUYER'S AGENTS

A buyer's agent, under a buyer's agency agreement with the buyer, acts solely on behalf of the buyer, A subagent of the buyer is one who has agreed to work with the buyer's agent with who, like the buyer's agent, acts solely on behalf of the buyer, Buyer's agents and their subagents will disclose to the buyer known infolmation about the seller which may be used to benefit (he buyer.

Individual services may be waived by the buyer through execution of a limited service agreement. Only those services set fonh in paragraph (2)(b), (c), and (d) above may be waived by the execution of a limited service agreement.

______ Bllyer's Initials

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BippusUSA.cOJll, 11811 Anchor Lane Thl'ee Rivers, MJ 49093 Phone: (269)244·1 J II Fn:\: (888}48t-SI08

John Bippus Produced with zipForm® by zipLogix 18070 Filteen Mile Road, Flaser, Michigan 48026 www,zipLogix com

Disclosure Regarding Real Estate Agency Relationships

DUAL AGENTS

A real estate licensee can be the agent of both the seller and the buyer in a transaction, but only with the knowledge and informed consent, in writing, of both the seller and the buyer. In such a dual agency situation, the licensee will not be able to disclose all known information to either the seller or the buyer. As a dual agent, the licensee will not be able to provide the full range of fiduciary duties to the seller or the buyer. The obligations of a dual agent are subject to any specific provisions set forth in any agreement between the dual agent, the seller and the buyer.

TRANSACTION COORDINATOR

A transaction coordinator is a licensee who is not acting as an agent of either the seller or the buyer, yet is providing services to complete a real estate transaction. The transaction coordinator is not an agent for either party and therefore owes no fiduciary duty to either party.

DESIGNATED AGENCY

A buyer or seller with a designated agency agreement is represented only by agents specifically named in the agreement. Any agents of the firm not named in the agreement do not represent the buyer or seller. The named "designated" agent acts solely on behalf of his or her client and may only share confidential information about the client with the agent's supervisory broker who is also named in the agreement. Other agents in the firm have no duties to the buyer or seller and may act solely on behalf of another party in the transaction.

LICENSEE DISCLOSURE REALTOR hereby discloses the following relationship: (check one from each column)

with the SELLER ex ) Seller's Agent

with the BUYER ( ) Buyer's Agent

( ) Buyer's Agent -Limited Service Agreement ( ) Dual Agent

( ) Seller's Agent ~ Limited Service Agreement ( ) Dual Agent

AND

( ) Transaction Coordinator (x ) None of the Above

( ) Transaction Coordinator ( ) None of the Above

AFFILIATED LICENSEE DISCLOSURE (Check one) __ Check here if acting as a designated agent. Only the licensee's broker and a named supervisory broker have the same agency relationship as the licensee named below. If the other party in a transaction is represented by an affiliated licensee, then the licensee's broker and all named supervisory brokers shall be considered disclosed consensual dual agents. _ _ Check here if not acting as a designated agent. All affiliated licensees have the samc agency relationship as the licensee named below.

r vided to the buyer or seller before disclosure of any confidential information.

1'L-/~'2-3

Licensee

Date

Date

Licensee

ACKNOWLEDGMENT

By signing below, the parties acknowledge that they have received and read the information in lhis agency disclosure statement and acknowledge that this form was provided to them before the disclosure of any confidential information specific to the potential sellers or buyers. THIS IS NOT A CONTRACT, The undersigned __ Does _x __ Does Not have an agency relationship with any other real estate licensee. If any agency relationship exists, the undersigned is represented as a __ Seller __ Buyer. J atTN lJ \ reuS - I /(C/.>/~E=-----==-----=:-- _ _ _ Potential D Buyer DC Seller (check one) Potential D Buyer D Seller (check one) Date G\ PP(.)5F~"·-f/L':;1I--tU,>;r-r·L./C: "<b.4L.Esr~TE B~()kF~. Copyright June 2008 by the Southwestern Michigan Association of REALTORS®, Inc. Use of this form by non~members is stlictly prohibited. Produced with zlpForl1"l®by zipLoglx 18070 Fitteen Mile Road. Fraser. Michigan 48026 wwwzjpLoolxcpm Page 2 of2

Free e - book download @

John Bippus AARE CAI CES GRI GMAS PSA

800 - 686 - 6416 NaƟonwide 269 - 244 - 1111 Michigan jbippus@bippususa.com

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