Vacant Land Property Questionnaire VACANT LAND PROPERTY QUESTIONNAIRE ↑ Click for larger Image Full sized map → Please answer these questions to help me create your search for the perfect Vacant Land on Whidbey or Fidalgo Islands! Your Name * Your Email * Your Phone* Questions Tell me what part of which island you want me to search: (See Full Map) e.g. "No farther north than Libbey Road, no farther south than Freeland" Minimum size of the lot: I am willing to consider any size0.2 acres0.5 acre1-2.5 acres2.5-5.0 acres5.0-9.9 acres10 or more acres 1 acre is about the size of a football field. Most city lots are about 0.2 acres Are you OK with Jet Noise? Our Island hosts a very large U.S. Navy base (12,500 sailors) – there are two runways in Oak Harbor and one "touch & go" runway in Coupeville. The jets are noisy when they are in their patterns (I flew Navy jets for 20 years). Would you consider a property under an air-traffic pattern? Not interested in Property with Jet NoiseI'm not worried about Jet Noise Do you need lots of light (sun)? NoYes Do you need a water view? NoYes Do you need garden space? NoYes Do you need trees? NoYes Do you need privacy? NoYes What other items are "must haves"? (list any other requirements) Price: what sales price does it have to stay under? For example, if you tell me $100,000... I will show you all vacant lots up to about $115,000 – thinking that certain $115K sellers “might” take $100K or below. How are you going to pay for this vacant lot? Loan – are you pre-approved with a lender, or may I recommend a good one? "Vacant Lot" loans typically require 20-30% down depending on the lender. Cash – be prepared to show “evidence of funds” to the seller of the home you want to buy. A current bank statement with your name and the amount is suitable, with the acct number redacted. You need to sell your house first - this is called a "contingent" offer Is it listed yet? If not, may I recommend a top Realtor in your hometown (I belong to a national network of top producers who will pay me 25% of their commission if they can help you sell your home – this means they are HIGHLY motivated to please you and me) LoanCashNeed to sell existing homeA combination of these Tell me any other information on your plans for payment: Offers require “earnest money,” which is typically 1% of the sales price rounded to the nearest 1,000. For example, a $225,000 lot would expect to see a check for $2,000. This gets deposited after your offer is accepted, then comes back to your escrow account near closing, as part of your closing costs. Any other information you want me to know about your search: Final question: What do you look for when purchasing a vacant lot? PLEASE GIVE ME AS MUCH INPUT AS YOU CAN, AND DON’T HESITATE TO UPGRADE YOUR CRITERIA LATER AS YOU “SEE” THE INVENTORY AND GET TO KNOW OUR BEAUTIFUL ISLAND.