Pre Offer
Letter to property owner regarding property being appraised
What is a NODA or NODIA
Purchase document that client and owner sign to accept purchase price of property.
Where you can find property and property owner information all in one place. This document gets kept up to date as the project progresses.
What is a parcel diary?
Document from right of way agent explaining the project and purchase price to the property owner.
What is an offer letter?
Package/report that includes all property information, legal description, prior easements, deeds of trust, etc.
What is a PTR or preliminary title report?
Document that breaks down the purchase price of the property and shows the math and justification for purchase price.
What is an appraisal summary statement?
Where you will find the legal vested owner of a property for the signature lines on offer documents.
What is a PTR or preliminary title report?
Letter to property owner to inform them of property inspection to determine property value for acquisition.
What is a NODIA or notice of decision to inspect and appraise?
Form to client that lists the title exceptions for property for client acceptance.
What is a TAF or title acceptance form?
Document that legally binds the client and property owner to the necessary property acquisition.
What is a deed?
This project team member approves templates to use for the project.
What is a project manager?
Folder where you can find empty templates for project and employee use.
What is Forms and Templates?
Report that describes the value of the property and provides explanation and research to prove value, prepared by professional.
What is an appraisal or appraisal report?
What is an appraisal report?
Common type of delivery method in which we can track the delivery of the package and obtain recipient signatures upon delivery.
What is certified mail?
Project team member who preps and finalizes offer packages.
Who is the transaction coordinator?
Document that lists in detail the portion of the property being acquired and provides a map to show said property description.
What is a legal description or what is legal & plat map?
Form to declare that no individual shall be excluded from federal financial aid based on race, color, or national origin
What is the Title VI Form?
Package provided to property owner that contains the purchase offer from client and any other needed sale documents, agreements, deeds, etc.
What is an offer package?
A document that is included in the offer package showing that the client has signed off on and approved the offer package.
What is an appraisal summary statement?