Purchase Terms of Ellis Point

Each block of seven lots is being offered for $1,550,000.
There are four “blocks” available, representing the remaining lots within the Ellis Point community. Colors are as shown on the enclosed site plan.
- Lot block #1 (yellow) – Lots #19, 20, 26, 37, 42, 50, 53.
- Lot block #2 (blue) – Lots #21, 22, 27, 39, 43, 49, 55.
- Lot block #3 (red) – Lots #28, 34, 35, 38, 44, 48, 52.
- Lot block #4 (green) – Lots #23, 24, 25, 41, 46, 47, 54.
To secure a block, a buyer must submit a refundable deposit of $50,000, prior to 12/14/07. The deposit becomes non refundable on 12/21/07.
Deposits will be held in escrow.
Verification of purchase funds, or loan approval, must be submitted to E-Point, LLC by 12/21/07.
A buyer must be prepared to close on 2/15/08.
All blocks are being sold on a first come, first served basis.
- Completion of a short contract form, accompanied by a deposit, secures a chosen block.
Buyers must sign a management agreement to pay E-Point, LLC (1%-sales value of block or block/house package), at the settlement of each lot/house. This fee is in addition to any fee that they may be required to pay to Buyer’s broker/agent

To help block buyers market their lots and/or homes, E-Point, LLC will set up a fully furnished model home on lot #45.
The model may be used as a sales center, by any chosen realtor, or builder, for lot sales, or home sales, by all “block” buyers.
E-Point, LLC will:
- provide professional marketing materials, site maps, site signage and lot signage to facilitate sales.
- commit to keeping the sales center open through 2010.
- suggest local real estate professionals to aid in lot, or home, sales.
“Lot Block” package buyers are welcome to pursue other options to sell their lots, lot/house packages or spec homes on the lots.

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