The simplest way to get an offer started on any of these properties is to complete the form below.  With your offer, understand that:

• The seller will not pay title insurance.  The trustee for these properties has multiple real estate deals in play. To keep deals consistent and minimize contract review, she asks Buyer to pay title insurance.  Review this schedule to obtain an estimate of title policy costs. This fee schedule is uniform across all title agencies.
• Most likely, the seller does not have a survey for these properties and will not pay for a survey. A survey for a residential lot costs, roughly, $750.  Larger parcels and acreage cost more and depend on difficulty to identify boundaries, a square acre is cheaper to survey than an acre with a creek as border.
• Seller has no knowledge of owned mineral interests. If seller's owned mineral interests minerals are important to you, you will need to make your own assessment.  I recommend calling landman Reed Young at 325-370-4311 if you need someone to conduct a mineral run on any acreage.
• There is an advantage to using the listing agent as intermediary if you choose to buy. The seller's agent is paying the listing agent 3.5% if acting as an intermediary and representing both parties. If a buyer's agent is part of the transaction, the seller's commission is 5%, split 50/50 with the buyer's agent. Consequently, your choice to have buyer's representation will be reflected in the price you pay.
• Seller financing is not an option.  Seller requires non-creative financing.
• Offers on lots <$10,000 will require earnest money of $1000 and lots <$25,000 will require earnest money of $2,000.  While it's a high percentage relative to lot cost, we have had contracts terminate with no sale. We ask for a high percentage of earnest money deposited to make sure buyers are serious about closing the transaction.
• Big Country Title is the seller's requirement for title work and closing venue. The transaction requirements for the seller (the Joseph M. Hantman Revocable Trust) comes with a learning curve and Big Country Title has overcome that barrier.
• Think about feasibility period to familiarize yourself with the property if you need one.  Feasibility periods or option periods are explained here if the concept is new to you.
• Buyers will be required to sign an addendum to further indemnify the Joseph M Hantman Revocable Trust along with their contract for purchase. Please review this document as the buyer or with your attorney and get comfortable with its intent to move forward with an offer.
• When you choose your anticipated closing date, remember it takes about 2 weeks to get a title opinion.  Once we get a title opinion and review it, it takes another two to three weeks to get a survey. If you are getting financing, we will need an appraisal and that takes several weeks to schedule and complete. If you are purchasing without a survey or financing and no feasibility period, it should take about 2 weeks to close because all you need is an opinion of title.  If you are getting bank financing (which requires clean title, survey and appraisal), it should take about 5 weeks. If you have a unique feasibility questions, please allow for that in the selection of your closing date.
• Do not get frustrated if it takes time for the seller to respond to your offer.  There are multiple beneficiaries to the Trust, and it takes time to get approval from the beneficiaries and for the trustee to review offers in tandem with other responsibilities.
• Buyer's agents need to complete the letter of intent form on behalf of their clients so listing agent can draft contract. Trustee for the sale has explicit requirements of each contract; it's just easier for listing agent to draft contract to meet seller's expectations. The letter of intent form can be accessed using this link.

To submit a letter of intent to purchase, please use this link to access the form to submit your offer.  There are other properties on this LOI form outside Taylor County; to make an offer on the Taylor County portfolio, select Entire Taylor Co Portfolio (priced at $2.26m or $3487/ac for 648 ac).