Dear Agents, Hardcopy: 2007 Vermont Ave NW; or. Fax:

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1 2007 Vermont Ave NW Washington, D.C OFFER INSTRUCTIONS Dear Agents, Thank you for taking the time to prepare an offer for our listing. To ensure that we have all the information we need to present your offer to the seller and provide you with a timely response, we ask that you include the following with your offer: 1. Regional Sales Contract 2. Addendum of Clauses 3. Montgomery County Jurisdiction Addendum 4. Property Disclosures (attached) 5. Buyer s Financial Information Sheet (attached) 6. Pre-Approval Letter from Lender 7. Copy of Earnest Money Deposit Check Preferred Closing Date: Preferred Title Company: Preferred Delivery: Within Days of Offer Acceptance. KVS Law Group Discount to Buyer Mark@UrbanBrokers.com; or Hardcopy: 2007 Vermont Ave NW; or Fax: PROPERTY DETAILS: Seller: Gabrielle M. Fagan Address: 2300 Colston Drive, 102, Silver Spring, MD Tax ID:

2 2300 COLSTON DRIVE #102 SILVER SPRING, MD Welcome home to this tastefully renovated one bedroom condo in Rock Creek Village. This highly sought after floor plan boasts a formal entry foyer, spectacular kitchen renovation, expansive living room and dining area, large bedroom, updated bathroom, and beautiful garden views. The top-to-bottom kitchen renovation includes all new cabinetry, new appliances (refrigerator, gas range, and built-in microwave), and the addition of a breakfast bar! The bathroom has also been updated to include a new toilet, new shower faucet, re-enameled bathtub, and new flooring. Neutral paint colors, beautiful hardwood floors and the attractive finishes make this a turn-key home. MARK MEYERDIRK Direct: Office: Mark@urbanbrokers.com Web:

3 FEATURES & AMENITIES Size: 723 square feet Fee: 381/month Taxes: 2,086 (2012 estimate) Fee Includes: Utilities, Master Insurance, Common Area Maintenance, Trash Pickup, Management Pet Policy: Pets allowed Metrorail: Approximately 1 Mile to Silver Spring MARK MEYERDIRK Direct: Office: Mark@urbanbrokers.com Web: Information Deemed Reliable, but not Guaranteed. URBAN BROKERS, LLC 2007 VERMONT AVE NW WASHINGTON, DC (202)

4 Financial Information Sheet This information is presented with the understanding that it may be used as a basis for the acceptance of a contract by the seller. The undersigned hereby authorizes the agent to disclose to the seller, seller's agents, dual agents, cooperating agents and any lender all or any portion of the information sheet. Any misrepresentations, fraudulent entries and/or omissions on this form, which may adversely affect the Buyer's ability to qualify for a loan, may be used as a basis for legal action. Buyer (Full Name) Residence Phone Business Phone Other Present Address Years at Present Address Own PITI or Rent Per Month Previous Address Occupation (Position & Title) # of Years Place of Employment (Name & Address) Previous Employer (Name & Address) # of Years Co-Buyer (Full Name) Residence Phone Present Address Business Phone Other Years at Present Address Own PITI or Rent Per month Previous Address Occupation (Position & Title) # of Years Place of Employment (Name & Address) Previous Employer (Name & Address) # of Years GROSS ANNUAL INCOME: Buyer Co-Buyer Base Salary: Overtime: Bonuses: Commissions: Dividends: Net Rental Income: Other: TOTAL Buyer self-employed? Co-Buyer self-employed? Yes No Yes No Are all buyers First Time MD Home Buyers? *See Below for details Yes No Do all Buyers intend to occupy this property? Yes No Details: # of Dependents Details: ASSETS: Present Residence (if owned): Mkt. Value Mtg. Balance(s) Lender(s) Checking Savings Credit Union Bank Bank Bank Bank Bank Stocks Bonds Life Insurance-Cash Face Value Other Assets: (Specify) 2005 The Greater Capital Area Association of REALTORS, Inc. This Recommended Form is the property of the Greater Capital Area Association of REALTORS, Inc. and is for use by members only. Previous editions of this Form should be destroyed. GCAAR Form # MC & DC Page 1 of 211/05 (Previously Form #1504) Urban Brokers LLC th St NW Ste 1, Washington DC Phone: Fax: Urban Brokers, LLC Bank Offer.zfx Produced with ZipForm by ziplogix Fifteen Mile Road, Fraser, Michigan

5 LIABILITIES: (Outstanding obligations including auto, mortgage(s), credit card(s), personal loan(s) and/or cosigned loans and all other obligations.) Payoff # of Payments Type DateCreditor's Name Remaining Unpaid Balance TOTAL Additional Monthly Obligations: Alimony Child Support Child Care USE REVERSE SIDE FOR DETAILS OR ADDITIONS Has any buyer ever declared bankruptcy? Yes No If yes, explain on reverse side. Are there any outstanding judgments, lawsuits or tax liens current: Yes No Amount (If yes, use reverse side for details.) Are you aware of any factors or conditions that could adversely affect any buyers ability to obtain a mortgage loan? Yes No (If yes, use reverse side for details.) Is any part of the down payment or settlement costs being obtained from a source other than from assets listed above? Yes No (If yes, use reverse side for details.) I (we) certify that I (we) are over the age of majority and that the above information is true and accurate to the best of my (our) knowledge and by my (our) signature(s) acknowledge receipt of this financial information sheet. Buyer Co-Buyer Date Date First-time Maryland home buyer means an individual who has never owned in the State, residential real property that has been the individual's principal residence, which will be occupied by the buyer as the buyer's principal residence. The buyer can also be a co-maker or guarantor of a purchase money mortgage or deed of trust so long as the co-maker or guarantor will not occupy the residence The Greater Capital Area Association of REALTORS, Inc. This Recommended Form is the property of the Greater Capital Area Association of REALTORS, Inc. and is for use by members only. Previous editions of this Form should be destroyed. GCAAR Form # MC & DC Page 2 of 2 11/05 (Previously Form #1504) Produced with ZipForm by ziplogix Fifteen Mile Road, Fraser, Michigan Bank Offer.zfx

6 Understanding Whom Real Estate Agents Represent Before you decide to sell or buy or rent a home you need to consider the following information: Agents Who Represent the Seller Seller's Agent: A seller's agent works for the real estate company that lists and markets the property for the sellers or landlords, and exclusively represents the sellers or landlords. That means that he or she may assist the buyer or tenant in purchasing or renting the property, but his or her duty of loyalty is only to the sellers or landlords. The seller pays the seller's agent's fees as specified in a written listing agreement. Cooperating Agent: A cooperating agent works for a real estate company different from the company for which the seller's agent works. The cooperating agent can assist a buyer or tenant in purchasing or renting a property, but his or her duty of loyalty is only to the sellers or landlords. The cooperating agent's fee is paid by the sellers or landlords through the seller's agent's company. Agents Who Represent the Buyer Presumed Buyer's Agent (no written agreement): When a person goes to a real estate agent for assistance in finding a home to buy or rent, the agent is presumed to be representing the buyer and can show the buyer properties that are not listed by the agent's real estate company. A presumed buyer's agent may not make or prepare an offer or negotiate a sale for the buyer. The buyer does not have an obligation to pay anything to the presumed agent. If for any reason the buyer does not want the agent to represent him or her as a presumed agent, either initially or at any time, the buyer can decline or terminate a presumed agency relationship simply by saying so. Buyer's Agent (by written agreement): A buyer or tenant may enter into a written contract with a real estate agent which provides that the agent will represent the buyer or tenant in locating a property to buy or rent. The agent is then known as the buyer's agent. That agent assists the buyer in evaluating properties and preparing offers, and negotiates in the best interests of the buyer or tenant. The agent's fee is paid according to the written agreement between the agent and the buyer or tenant. If you as a buyer or tenant wish to have an agent represent you exclusively, you must enter into a written buyer agency agreement. Dual Agents The possibility of dual agency arises when the buyer's agent and the seller's agent both work for the same real estate company, and the buyer is interested in property listed by that company. The real estate company, or broker, is called the "dual agent". Dual agents do not act exclusively in the interests of either the seller or buyer, or landlord or tenant, and therefore cannot give undivided loyalty to either party. There may be a conflict of interest because the interests of the seller and buyer may be different or adverse. If both seller and buyer, or landlord and tenant, agree to dual agency by signing a Consent For Dual Agency form, then the real estate company (the "dual agent") will assign one agent to represent the seller or landlord (the seller's "intra-company agent") and another agent to represent the buyer or tenant (the buyer's "intra-company agent"). Intra-company agents may provide the same services to their clients as exclusive seller's or buyer's agents, including advising their clients as to price and negotiation strategy, provided the clients have both consented to be represented by dual agency. GCAAR Form # Understanding Whom Real Estate Agents Represent 1/99 (Previously form # 1301G) Urban Brokers LLC th St NW Ste 1, Washington DC Phone: Fax: Urban Brokers, LLC Bank Offer.zfx Produced with ZipForm by ziplogix Fifteen Mile Road, Fraser, Michigan

7 If either party does not agree to dual agency, the real estate company may withdraw the agency agreement for that particular property with either the buyer or seller, or both. If the seller's agreement is terminated, the seller must then either represent him or herself or arrange to be represented by an agent from another real estate company. If the buyer's agreement is terminated, the buyer or tenant may choose to enter into a written buyer agency agreement with an agent from a different company. Alternatively, the buyer or tenant may choose not to be represented by an agent of his or her own but simply to receive assistance from the seller's agent, from another agent in that company, or from a cooperating agent from another company. No matter what type of agent you choose to work with, you have the following rights and responsibilities in selling or buying or renting property: >Real estate agents are obligated by law to treat all parties to a real estate transaction honestly and fairly. They must exercise reasonable care and diligence and maintain the confidentiality of clients. They must not discriminate in the offering of properties; they must promptly present each written offer or counteroffer to the other party; and they must answer questions truthfully. >Real estate agents must disclose all material facts that they know or should know relating to a property. An agent's duty to maintain confidentiality does not apply to the disclosure of material facts about a property. >All agreements with real estate agents should be in writing and should explain the duties and obligations of the agent. The agreement should explain how the agent will be paid and any fee-sharing agreements with other agents. >You have the responsibility to protect your own interests. You should carefully read all agreements to make sure they accurately reflect your understanding. A real estate agent is qualified to advise you on real estate matters only. If you need legal or tax advise, it is your responsibility to consult a licensed attorney or accountant. Any complaints about a real estate agent may be filed with the Real Estate Commission at 500 North Calvert Street, Baltimore, MD (410) This notice is information required by law and is NOT A CONTRACT We, the Sellers/Landlord X Buyers/Tenants acknowledge receipt of a copy of this disclosure and that(firm name) Urban Brokers, LLC And(salesperson) are working Mark as: Meyerdirk X Seller/landlord's agent Cooperating agent Buyer's agent Dual agent (See Consent for Dual Agency form) (you may check more than one box) Signature Date Signature Date I certify that on this date I made the required agency disclosure to the individuals identified below and they were unable or unwilling to acknowledge receipt of a copy of this disclosure statement. Signature of agent Date Name of individual to whom disclosure was made Name of individual to whom disclosure was made GCAAR Form # Understanding Whom Real Estate Agents Represent (Previously form # 1301G) Produced with ZipForm by ziplogix Fifteen Mile Road, Fraser, Michigan /99 Bank Offer.zfx

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30 Montgomery County MD - Estimated Real Property Tax System Page 1 of 1 4/18/2011 Real Property Estimated Tax and Other Non-tax Charges a new owner will pay in the first full fiscal year of ownership Printed on: Monday, April 18, 2011 ACCOUNT NUMBER: PROPERTY: OWNER NAME FAGAN, GABRIELLE M ADDRESS 2300 COLSTON DR #2300 SILVER SPRING, MD TAX INFORMATION: TAX CLASS 38 REFUSE INFO Refuse Area: R32L Refuse Unit: 1 TAX DESCRIPTION FY12 PHASE-IN VALUE 1 FY11 RATE 2 ESTIMATED FY12 TAX/CHARGE STATE PROPERTY TAX 200, COUNTY PROPERTY TAX 3 200, , SOLID WASTE CHARGE WATER QUAL PROTECT CHG (MFR) ESTIMATED TOTAL 6 2, The following footnote references apply only if the table above has a foot number reference. 1. Phase in value comes from the data base at the Maryland Department of Assessments and Taxation Real Property Data Search. The phase in value is for the next fiscal year, if available, otherwise the phase in value is for current fiscal year. 2. Tax rates come from the current property tax bill, which also may include several non-tax charges, at the web page of the County Government's Department of Finance: Look for a link to "Pay or view your property tax bill on line". 3. County Property Tax is the sum of the General Fund tax and several special fund taxes. 4. All non-tax charges (for example Solid Waste, Water Quality Protection, Bay Restoration Fund, WSSC) are the charges in the current fiscal year. These charges may be different in the next fiscal year. 5. This property is located in an existing development district. Each year a special development district assessment must be paid. Effective every July 1st, the rate will change based on changes in the property assessment and debt service requirements. More information is available in the FAQ section of this website. 6. You must update the estimate for the property taxes and other non-tax charges a. Every July 1, because the tax rates, phase-in values, and other non-tax charges will or may change; AND ALSO b. In early January if the calculation used the phase-in value for the current fiscal year instead of the phase-in value for the next fiscal year, because SDAT had not yet specified the phase in value for the next fiscal year. This occurs in the period July 1 - early January in the third year of the three year assessment cycle. 7. This property is located in a proposed development district. At some date in the future, development district taxes may be levied to pay debt service on bonds issued to build infrastructure in the district. It is important that property owners recognize that this additional tax may be levied in the future. The rate indicated above is an estimate and will change once the district is created and bonds are issued. More information is available in the FAQ section of this website. 8. The Proposed Estimated Total includes all actual and proposed taxes and non-tax charges relative to this property. 9. This is a one time charge assessed against this property and is not an annual fee. It should be paid before the property is sold and will remain due until paid.