Box 708 Clackamas, Oregon USA 97015
Ron “Boots” Stacey, Principal Broker
Office (503) 794-0595 ~ Fax (503) 794-4039
Offer Guidelines and Required Forms For VA Purchases

Special Note:
    Incomplete offers will be rejected by the VA. Please make sure you have all the information before send us your offer. If you have questions, please call. Some of the information you need will take some time to get. Don't miss schedules for submitting your offer because something is missing. Everything you need is listed below. We are here to help and thank you for your interest in our listing.

"This property and its financing are available to all persons regardless of race, color, sex, handicap, familial status or national origin."


    Please note what "AS-IS" means to the government. It means that they offer (not convey) to the buyer the property without consideration to title or physical condition. It is also a disclaimer to protect the government. It is simply the government’s way of telling you that they may or may not have a right to sell the property and that if any clouds from any legitimate claim on the title exist (which would be if they did not have the right to sell the property) the responsibility and potential harm rests on the buyer without recourse when he puts the property in his name. Since the government will not pay for a title policy, make sure your buyer buys a title policy that will cover him from potential title issues. AS-IS is not a statement about physical condition with the government. In their law books it comes under AS-IS (in its entirety regardless of condition [title and/or physical]) and Where Is (if it even exists). Just remember, the government doesn’t have to disclose and the burden of proof is always on – guess who?????


  1.  The property will be on the market for 10 days while bids are being taken.
  2.  This property requires offers to be prepared on VA Form 26-6705, Offer To Purchase and Contract of Sale and
       may be downloaded here. (Prints on legal size paper, please make sure the print settings are for legal size.
       Frequently the form defaults to print on standard size paper.)   Click here to get form 26-6705.
  3.  You will need Adobe Acrobat Reader to open and print this form and may be downloaded by clicking here.
  4.  Seller’s Disclosure form is required and may be downloaded by clicking here.
  5.  VA Radon and Mold Disclosure form is required and may be downloaded by clicking here.
  6.  If the age of this property requires Lead Base Paint Disclosure VA Form 26-6705e may be downloaded here.
       Please check the property age. Click here to get form 26-6705e.
  7.  Cash offers will require an accompanying “Proof of Cash to Close” letter from a reliable and verifiable source.
  8.  New loan offers will require an accompanying “Pre-Approval” letter based upon credit scores and subject to the
       appraisal from a reliable and verifiable source. “Pre-Qualification” letters are not acceptable.
  9.  A personal check, or cashiers check must accompany the offer made payable to Fidelity National Title. Send only a
       copy of the check in to Promised Realty with the purchase documents.
10.  The offers are to be free of any contingencies such as the sale of the buyer’s home or addendums.
11.  Property was obtained by foreclosure, or in lieu of, and is being sold AS-IS without warranty express or implied.
12.  The escrow shall be opened and processed at:

            Fidelity National Title
            Patricia Nuttbrock
            430 NW 10th Avenue Suite 101
            Portland, Oregon 97209
            Voice (503) 243-5599
            Fax (503) 243-5855
            Patricia.Nuttbrock@fnf.com

13.  Assigns will not be acceptable.
14.  Seller will not pay any portion of the buyer’s costs.
15.  During the transaction substituted purchasers will not be accepted.
16.  Owner financing is not available.
17.  Promised Realty is to receive all the original documents to this transaction.
18.  Buyers shall be given the option of professional inspections.

Seller’s Preferences


  1.  Earnest money to be presented by Cashier’s Check made payable to Fidelity National Title.
  2.  Earnest money deposit equal to 5% of the purchase price.
  3.  For cash purchases close 10 business days after verbal acceptance, or end of current month, whichever is sooner?
  4.  No contingencies or seller concessions.
  5.  No inspections performed during escrow.