Both buyers and sellers have responsibilities during the escrow process and must do their respective parts to keep the transaction moving.
The Sellers:
• Carry out all escrow instructions.
• Provide the deed, via the escrow officer and listing agent.
• Submit all other required paperwork as outlined in the Purchase Agreement, such as insurance policies, home warranties, tax receipts, etc. (The settlement agent will provide clear instructions on what is needed.)
The Buyers:
• Submit a down payment, plus any other funds required.
• Carry out all escrow instructions.
• Approve inspection reports, preliminary title reports, and other items detailed in the Purchase Agreement.
• Execute a Deed of Trust/Mortgage to secure the loan.
Little Swan Lake Winery is a family owned and operated business located 1-1/2 miles north of the small town of Superior in Northwest Iowa. The tasting room, a remodeled 1920's barn, features 35 different wines all produced on site, a selection of gourmet cheeses, and buffalo meat from the owners herd which roams nearby. The vineyard consists of two acres of northern cold hardy grapes. The gift shop features clothing and wine related items. Little Swan Lake is dedicated to producing the finest and most enjoyable wines and invite you to spend an hour or an afternoon with them. The bed and breakfast is a renovated grain elevator and is a great place to relax and enjoy the beauty that is Little Swan Lake! They have weekly live music, check their website for the schedule!
Bridges Bay Resort is built on the land purchased a few years prior which used to be owned by the Nielsen family of Arnolds Park. This huge complex consists of a hotel, 3 condo buildings (a 4th is under construction), and over 100 vacation cabins. A popular part of the resort is the indoor waterpark that cabin and condo owners have access to, but also, so does the public for a fee. Braccos is a fantastic summertime restaurant and bar which is frequented by boat, by car, and by foot, especially from the owners of the condos and cabins. All of the units at Bridges Bay have an opportunity for a boat hoist, and it is an extremely popular destination for out of towners looking for a vacation spot in Okoboji. Because Bridges Bay is not within the city limits, many owners utilize property management companies to help them rent their units by the day, week, and month. I've personally sold and shown many condo and cabin units and would be delighted to help.
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Disclaimer
SellBoji.com and RE/MAX Lakes Realty provides these covenants/bylaws/horizontal propoerty regime declarations as a convenience, and in no way guarantees the accuracy of these documents, and in no way represents that these documents are up to date and/or legally binding. It is the responsibility of any potential buyer, seller, investor, and/or real estate agent to contact any association contact and/or the Dickinson County recorder's office in order to satisfy themselves as to the very latest available documents.
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