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Purchase & Sale Agreement - 9919 S Oglesby Ave Chicago IL, 60617.pdf

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DocuSign Envelope ID: EC3A3FD1-E922-45A1-8A87-29EF0F0BC5ED Congratulations on taking the first step toward the purchase of your investment property, and welcome to the Roofstock Community! Here is what you need to do next: 1. Following this cover letter is: (i) a Property Summary with all of the relevant information related to your investment; and (ii) the Purchase and Sale Agreement. These are important documents that govern the terms of your Transaction. Please review or have your attorney rev

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DocuSign Envelope ID: EC3A3FD1-E922-45A1-8A87-29EF0F0BC5ED

Congratulations on taking the first step toward the purchase of your investment property, and
welcome to the Roofstock Community!
Here is what you need to do next:
1. Following this cover letter is: (i) a Property Summary with all of the relevant information related
to your investment; and (ii) the Purchase and Sale Agreement. These are important documents
that govern the terms of your Transaction. Please review or have your attorney review these
documents carefully.
2. Complete the required fields and electronically sign the documents. Once both parties have
signed, a fully executed copy of the documents will be emailed to the parties.
3.

A copy of your documents will be delivered to the Closing Attorney and Title Company to
prepare for Closing. The Closing Attorney will contact you in the next few days for any
additional information and to schedule your Closing Date.

4. If you plan on obtaining financing prior to the Closing of the Transaction, we can help! Please
visit our lending page or contact one of our financing specialists to discuss your needs.
5. If you choose to self manage or have selected a new Property Manager, Roofstock will help
coordinate your property management transfer. Our property management transfer team will be
in touch with you shortly.
6. When you are ready to close your Transaction, your escrow company will prepare the documents
for Closing; provide you with wire instructions; and set up a convenient time for execution.
7. Close and cash flow!

The Roofstock team is here to answer any questions and make sure you have support at every step of the
way. Please do not hesitate to contact us if you have any questions.

Transaction Questions:
tc@roofstock.com
(800) 466-4116

1

DocuSign Envelope ID: 23BD31FC-5875-4E72-B6F6-B4139640FD26
EC3A3FD1-E922-45A1-8A87-29EF0F0BC5ED

PROPERTY SUMMARY
This Property Summary contains certain key terms and is incorporated into and made a part of the
Contract between Seller and Buyer.
1. Parties (Seller#1 and #2 collectively, “Seller” and Buyer #1 and #2 collectively, “Buyer”):

2.

Seller #1: Ptb Assets LLC

Buyer #1: Lofty Holding 9919 S Oglesby Avenue LLC

Seller #2:

Buyer #2:

Property Address:
Address: 9919 S Oglesby Ave, Chicago, IL 60617
County and State: Cook

3.

IL

Title: Buyer requests that title to the Property be conveyed to:
Lofty Holding 9919 S Oglesby Avenue LLC

4.

30
Estimated Closing Date: ________
calendar days following the Effective Date (as defined))

5.

158000.00
Purchase Price:
US$________________

Will be paid:
X Cash (no financing), or
___

___ with financing, Lender Name and Contact Info:
6.

Deposit: 1,500.00
$_______________________________

7.

Seller’s Broker: Roofstock Realty, LLC
Salesperson Name: Peter Leerdam- IL

8.

Buyer’s Broker: ___________________ (“Buyer’s Broker”)
Salesperson Name:

9.

License Number: #471.019449
License Number:

Referring Broker (if applicable):
License Number:

State of License: