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How To Fill Out The Purchase Agreement | Wholesaling Real Estate Contracts
 
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Contracts for Wholesaling: http://bit.ly/REWContracts How to Fill out a Real Estate Contract for Wholesaling Houses, More Specifically The Purchase Agreement. Hit SUBSCRIBE for more insane value! Real Estate Wholesaling Free Training: http://bit.ly/wholesalinglive My Wholesaling Course: https://wholesalingasap.teachable.com/p/wholesalingasap/?product_id=952496&coupon_code=LIVE Investor Carrot Websites: http://bit.ly/OnCarrotLeadGeneration How To Get 3 Motivated Seller Leads / Day: http://bit.ly/3leadsperday What is Equity?: https://www.youtube.com/watch?v=evSSe21Q94Y ------ Free Wholesaling Guide: http://bit.ly/3partguide ------ How I did my first wholesale deal and made almost $9k: https://bit.ly/2Kk2XqL ------ What Is Real Estate Wholesaling?: https://bit.ly/2IypCiF SUBSCRIBE To The Channel ► http://bit.ly/2TZxgYN Follow Me On Instagram ► http://bit.ly/2FAae7m Snapchat ► devoncnp
Views: 5090 Devon Canup
How to Fill Out a Real Estate Contract For Sale and Purchase [E-84]
 
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How to Fill Out the Florida Real Estate Contract For Sale and Purchase We'll See You At The Closing Table! http://www.titlerate.com CONNECT WITH US HERE! Facebook: https://goo.gl/u5lmCo Twitter: https://goo.gl/yQXSx5 Google+: https://goo.gl/n7V4rh Independence Title, Inc. Kevin Tacher, Founder Chief Marketing Officer Phone: 954-335-9305 [email protected] www.TitleRate.com Get your INSTANT CLOSING QUOTES here http://www.titlerates.com Independence Title is the leading provider of title insurance and related real estate settlement services in Fort Lauderdale. Since 2003 we've provided superior real estate and mortgage settlement services throughout the State of Florida. As agents for Old Republic National Title Insurance Company and Westcor Land Title Insurance Company, we have the resources available to close any deal, anywhere and at any time with the best title insurance cost. We pride ourselves in providing the best the industry has to offer in title insurance fees, technology with our title insurance calculator and customer service. Throughout our 10+ year history, our conservative management philosophy has allowed us to grow and remain strong through the ups and downs of the market while other title insurance companies have closed their doors. Independence Title's financial strength provides the confidence our customers need from their title insurance company in these tough economic times. We welcome you to browse our website and contact us with any questions you may have regarding our company and the services we provide. We’re looking forward to serving you soon! This video publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is produced with the understanding that the publisher and author are not engaged in rendering legal, accounting, financial, investment, tax or other professional services. If legal advice or other expert assistance is required, the services of a competent professional person should be sought. By watching this video you agree to hold the author and publisher harmless for any acts that might result as a consequence of watching this video. Please consult with your attorney, CPA, financial advisor and other professional advisors relating to acting on any information contained in this video.
How to fill out a Real Estate Purchase Agreement thelandflippingformula.com
 
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http://thelandflippingformula.com In this video I show how to fill out a purchase agreement to buy residential real estate property. I also show how to fill out an assignment agreement to sell your contract to a cash investor and collect your fee in the middle. ALWAYS CONSULT A LOCAL REAL ESTATE ATTORNEY TO BE DURE YOUR CONTRACT IS LEGAL IN YOUR MARKETPLACE. When selling contracts or assigning your contract contact local title companies and or real estate attorney to be sure they can close your transaction promptly Go out, negotiate great deals, sell your contract and get paid! For more real estate investing tips, strategies or coaching visit http://thelandflippingformula.com
Views: 48057 Mike Alder
How-To Fill Out An Offer-To-Purchase Real-Estate
 
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How-To Fill out An Offer To Purchase Real-Estate Follow me on Instagram: https://www.instagram.com/teddysmithnc/
Views: 1225 Teddy Smith
Session 4: Writing an Offer
 
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Writing an Offer 1:33 - Purchase Agreement, important dates 4:21 - How to write a strong offer in a sellers market 7:15 - How to we handle a low ball offer 7:59 - Preparing buyers for a counter offer 8:42 - Counter Offers 9:26 - Task List while writing an offer
How To Write An Offer To Purchase Real Estate
 
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This is a VLOG created by Sharon McNamara, Broker|Owner|Realtor of Boston Connect Real Estate showing in detail how to write an offer to purchase real estate.
How to Fill out a Real Estate Contract for Wholesaling Houses | FlipMan.net
 
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Want a FREE Copy of the contract I've used since 2003? Text the word CONTRACT to 833-439-9632 Need the Closing Detail Sheet I send to title companies and closing attorneys to explain how I get paid Text CLOSE to 833-439-9632 to Get a Free Copy of My Closing Detail Sheet Get Your Questions Answered every Thursday on my LIVE Flippinars Text FLIPPINAR to 833-439-9632 --~-- How to Fill out a Real Estate Contract for Wholesaling Houses | Flipping Houses Text "Contract" to 313131 To get a FREE Copy of My Contract Go to http://FlipMan.net | Purchase and Sales Agreement Buyers Real Estate Conctract Sellers Real Estate Contract www.HowToFlipHousesTV.com http://youtu.be/nfVamo743_0 #wholesalinghouses #flippinghouses
Views: 75953 Flip Man
PURCHASE LEASE OPTION STRATEGY EXPLAINED | Simon Zutshi
 
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In this video, which is an introduction to Purchase Lease Option Strategy, Simon Zutshi, author of the Amazon.co.uk No.1 Best Seller Property Magic, explains what Purchase Lease Options are. He tells us how you can use them to gain cash flow and equity growth from property you don't own. With Purchase Lease Options you can control properties without having to put in the normal 25% deposit or even having to get mortgages on property. To learn more about you use and profit from Purchase Lease Options, then you might want to listen to or read Simon Zutshi's book, Property Magic. This is available on Amazon and Audible. [Chapter 6 is all about Purchase Lease Options]
Views: 18306 Simon Zutshi
Where To Find the CONTRACTS for Wholesaling Houses
 
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Free contracts: http://bit.ly/REWContracts In this video I guide you on finding where to get all of the contracts for wholesaling houses. Keep it simple! Take massive action and don't let anything slow you down on your way to becoming a wholesale rock-star! Hit SUBSCRIBE for more insane value! FREE Wholesaling Contracts: https://www.wholesalingasap.com/contract Real Estate Wholesaling Free Training: http://bit.ly/wholesalinglive My Wholesaling Course: https://wholesalingasap.teachable.com/p/wholesalingasap/?product_id=952496&coupon_code=LIVE Investor Carrot Websites: http://bit.ly/OnCarrotLeadGeneration How To Get 3 Motivated Seller Leads / Day: http://bit.ly/3leadsperday How I did my first wholesale deal and made almost $9k: https://bit.ly/2Kk2XqL ------ What Is Real Estate Wholesaling?: https://bit.ly/2IypCiF SUBSCRIBE To The Channel ► http://bit.ly/2TZxgYN Follow Me On Instagram ► http://bit.ly/2FAae7m Snapchat ► devoncnp ------ CallRail: http://bit.ly/callrail4phones FREE Wholesaling mastermind group: https://bit.ly/2rUotvB ------ Stay Connected: -Instagram: https://www.instagram.com/devoncnp/ -Facebook: https://www.facebook.com/devoncnp
Views: 20847 Devon Canup
Ep. 68: How To Write A Real Estate Purchase Offer
 
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Real Estate Agent and Trainer, Robert Rico, explains how to write a strong real estate purchase offer on a property. For more information, please view our blog: https://www.carealtytraining.com/real-estate-agent-how-to-write-a-purchase-offer For more information or to sign up, please visit our website (www.CARealtyTraining.com) or give us a call (888-317-8740). You can also follow us on: • Facebook- https://www.facebook.com/LARealtyTraining • Twitter- https://twitter.com/carealtytrain • Instagram- https://www.instagram.com/carealtytraining Thanks for watching!
Views: 2050 CA Realty Training
ZadyREI: Purchase & Sales Agreement
 
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What’s up me Droogies!!! In this video I will be sharing how to fill out a purchase and sales agreement for you. As a bonus I will give you access to a purchase and sales agreement at NO CHARGE!!! CLICK THE LINK TO DOWNLOAD THE PURCHASE AGREEMENT https://www.dropbox.com/s/yq4k7vfdbnhzvjz/%28STUDENT%29%20-%20Purchase%20Contract.docx?dl=0
Purchase And Sale Agreement Explained
 
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A brief explanation about filling out a purchase and sale agreement when putting an offer on a home.
Views: 19804 Michael Eisenberg
How To Fill Out A Real Estate Purchase And Sale Agreement
 
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Watch this step-by-step tutorial on exactly how to fill out a real estate purchase and sale agreement and specifically what you need to include to make sure the contract favors you the investor. ALL-IN-ONE HOUSE FLIPPING SOFTWARE http://GetFlipster.com FREE Download - Purchase & Sale Agreement: https://flippingmastery.com/quickstart/yt2/ This is a video you don’t want to miss because I’m also going to show you how to fill it out digitally in minutes so you and the seller can sign it electronically making it completely paperless not to mention easy and convenient. I’ll also share how to get my contracts for free. ---------------------------------------------- SUBSCRIBE: https://www.youtube.com/user/Jlnorton1234 Jerry Norton went from digging holes for minimum wage in his mid 20's to becoming a millionaire by the age of 30. Today he's the nation's leading expert on flipping houses and has taught thousands of people how to live their dream lifestyle through real estate. Recommended Playlist: https://www.youtube.com/playlist?list=PLNDQ7qfA7mThYS-9ljEe50y4n28VQn8GW GET PAID $10,000 to find deals for Jerry http://www.My10kCheck.com FREE DEAL-FINDER SOFTWARE https://flippingmastery.com/datacruncher/yt/ FREE BEST-SELLING WHOLESALING EBOOK: Making Money in Real Estate https://flippingmastery.com/ebook-10k/yt/ FREE BEST SELLING FIX & FLIP EBOOK: - How to Make A Million Dollars A Year Flipping Houses: http://flippingmastery.com/free-training/free-ebook/yt/ FREE Quick Start Guide: https://flippingmastery.com/quickstart/yt2/ Apply to Mentor With Jerry: http://www.onlinemeetingnow1.com/register/?id=kp719aw3be FREE Craigslist Deal Finder Software:  https://flippingmastery.com/craigslist-finder/yt/ LET'S CONNECT...! FACEBOOK: http://www.Facebook.com/flippingmastery INSTAGRAM: http://www.instagram.com/realestatefreedomtv #FlippingHouses #HowToFlipAHouse #FlippingHousesForBeginners
You Negotiated a Real Estate Deal... Signing the Purchase and Sale Agreement
 
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http://www.HampdenCountyHomes.com Hi This is Don Thompson again, your local real estate expert advisor. So let's recap... You've been pre-approved, found a house and negotiated a deal. Things really get going now... and for a short time, you are going to be moving on three fronts. One, you'll need to need to sign the purchase agreement and deliver the deposit, two, you'll schedule and do your inspections and three, you have to formalize the loan application. So let's discuss signing the purchase & sales agreement , also known as the p&s or the purchase agreement. This document should be reviewed by your attorney before you sign. He or she will want to make sure that there are certain clauses included that protect your interests. And the seller will also have their attorney look at the agreement. Just so that you’re aware, your attorney, if he or she is processing the mortgage documents, is also the bank’s attorney and at the closing they will be representing the bank. Sometimes there are actually two attorneys on the buyer side, one for the buyer and one for the bank. However, locally the attorneys will represent you regarding things that deal with the seller, and make no mistake about it, when you are dealing with the bank, they are working for the them and looking out for their interests. When you think about it, there are actually two transactions happening at the closing...one the seller is transferring the property to you and the second, if you are getting a mortgage, the bank is lending you tens of thousands of dollars and it’s using the property as collateral. For the first part. you and the bank have basically the same interest… you are getting the property in marketable condition, free and clear of any liens and the bank wants the same thing because it is their collateral. The second transaction is between you and the bank… this process is highly regulated, you’ll see the governments initials on many of the forms, HUD, RESPA. The main thing you want to be sure is that you are paying the interest rate you were quoted. and because of regulations today, the fees that you are charged have to be fairly close to what was quoted you. But I digress, so now, once the contracts are reviewed by both attorneys and they have agreed to the language, typically, you as the buyer, will sign it first and give up your earnest money, your deposit. And then the sellers will sign. Now it’s critical that this document gets signed by all parties as quickly as possible. This is the formal agreement between you and the seller and until it’s signed you may not have a, what is referred to as, an enforcable contract. So everyone should be working to get it signed as soon as possible. So now you have signed contracts, you will want to schedule your inspections and let your ;loan officer know that you’ve got a deal. Inspections are a very important step in the home buying process and I will be covering them in my next video. Meanwhile, if you have any questions about anything, where I may be able to help you, please do not hesitate to contact me by calling or texting 413.221.9981 or hit reply to this email and I will get back to you as soon as possible. Thanks again and have a great day!
Views: 4305 WesternMARealEstate
Part 4 - The Home Buying Process - Contract to Closing
 
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In this part 4 you will learn about what happens from when you find the home you want to buy, writing the purchase contract all the way till closing and everything in between. As of February 2018, Alex Glaser and The Glaser Group now work for Long & Foster Realtors
Offer to Purchase Real Estate as a Binding Contract: Terms to Consider
 
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Attorney Mark Stiles and Attorney Chris Holland of Stiles Law discuss the Offer to Purchase Real Estate. The Offer to Purchase, or "Offer", is a binding legal contract that creates binding obligations on the Buyer and Seller. In addition to price and dates, Buyers and Sellers can negotiate contingencies, repairs, and other matters. Important contingencies include: a financing or mortgage contingency, a home sale contingency, condominium document review, or an obligation for Seller to pay all outstanding betterments or assessments. Stiles Law, with offices located in Boston and Marshfield, Massachusetts, is a firm concentrating in real estate conveyancing and mortgage lending services, representing buyers, sellers, borrowers, banks, mortgage companies, investors, builders and developers in all of their real estate and mortgage transactions. Stiles Law serves all areas of eastern Massachusetts–the North Shore, Boston, and Cape Cod, in addition to the entire South Shore, including: Plymouth, Kingston, Duxbury, Hanover, Pembroke, Marshfield, Scituate, Norwell, Cohasset, Hull, Hingham, Weymouth, Braintree, and Quincy.
Views: 209 Stiles Law
New Agent Training -  Real Estate Purchase Agreement
 
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90 Minutes detailing the Offer and Acceptance or the RPA - How to fill it out, what is important and how to best explain it to your clients.
Views: 12912 Rich Shuman
Lease Options In Real-Estate (Explained Simply)
 
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Lease options in real estate (AKA "Rent to own" in real estate) are a popular form of zero-down investing and can be used in a variety of different strategies. Although the overall concept of lease option investing is simple. there are many different ways to implement lease options. Here is simple explanation of lease option investing: Interested in mobile home parks, self storage, and/or multi-family? JOIN MY BUYERS LIST!: http://bit.ly/2OF7z0F What is a lease option? A lease option is the privilege to lease AND/OR buy a home during or before a lease ends. Essentially, a person rents the property from you with an option to buy the property sometime in the future. Instead of renting out an investment, you lease option it to a tenant. Lease – The privilege to lease a home + Option – The “option” to buy a home = Lease Option! The parts of a lease option: !. There’s an option consideration that’s paid upfront (which can be credited toward the down payment) 2. Specified time period and price from which the tenant can buy 3. Month lease amount that the tenant must pay 3. (Optional) There can be monthly credit each month that goes toward the down payment Different Types of Lease Options: Regular Lease Option: Essentially, you don’t want to manage a property anymore and lease option it to a tenant. Fix and Flip Scenario: You lease option a property FROM an investor, fix it up, and buy it for the lease optioned price. Sandwich Lease Option – This is when you lease the option the property from an owner and lease option it back out to the tenant. SUB2 Sandwich Lease Variation – Same as above but instead of lease optioning, you would do a subject-to deal. Click here to find out more about subject-to deals. Why do people use lease options? They are great for investors that don’t want to manage a property anymore. They are also great for the tenant because they can save up for a house if they have bad credit. Most of the time investors credit a certain amount each month to the down-payment. Ways to make money in lease options: Front end – This is the “option consideration”. Middle – Cash-flow and mortgage paydown Back-End: Sale of the house Exit Strategies: Tenant buys: This is what you want! The tenant builds his/her credit gets a loan and uses the down payments from the “credits” each month to obtain a loan! Extend the contract: If you still see hope that the tenant could end up purchasing the house, extend the contract. Most investors want some type of compensation for this, another option consideration and/or an increase in price. Sell the property Find a new tenant: Sometimes people change their minds and the option agreement does not have to be exercised.
Views: 17149 Teddy Smith
3 Contracts for Real Estate Wholesaling [Purchase Agreement, JV Agreement & Assignment Contract]
 
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✔️3 Free Contracts for Real Estate Wholesaling. Click Here⬇️ https://bit.ly/2NdEQfm The 3 contracts you are looking for is the real estate wholesale agreement contract, the wholesale JV agreement contract and the wholesale assignment agreement contract. These 3 are the main agreements you need to get you going wholesalling real estate. Please feel free to download them for free in the link above. #realeatatewholesaling #jvagreement #realestateassignment What's a better financial strategy👍 http://houseflippingguide.com/whats-a-better-financial-strategy-making-more-or-spending-less/
Views: 3166 House Flipping Guide
Agreement of Purchase and Sale Clauses -- Episode #143
 
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In this video, Marcel Greaux from the Toronto Real Estate Club interviews me on the importance of certain clauses in the Agreement of Purchase and Sale. There are things that we examine here that you may have not known about. Although all of the clauses are important, in this video we discuss the following five: 1. Deposit 2. Completion Date 3. Chattels 4. Insurance 5. Agreement in Writing If you have any questions about these clauses, please feel free to call me at 416-885-2010.
Views: 2581 Andrei Angelkovski
The Agreement of Purchase and Sale Explained
 
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This video by the Village Guru, Jeff O'Leary, talks about the Agreement of Purchase and Sale, the standard document for negotiating and selling a house or condo in Mississauga, Toronto and Ontario Canada. Subscribe to Keeping Real Estate Real: https://www.youtube.com/subscription_center?add_user=thevillageguru ============================================ About The Village Guru: Jeffrey O'Leary is an Award Winning Real Estate Broker located in Mississauga, Ontario, Canada who helps Home Buyers and Sellers in the West GTA. Keeping Real Estate Real is a video Blog dedicated to Lifestyle and Real Estate. Contact Jeffrey O'Leary: http://www.thevillageguru.com/contact/ Recent Client Testimonials: http://www.realsatisfied.ca/Jeff-OLeary Let's Connect: Facebook: https://www.facebook.com/thevillageguru Instagram: https://instagram.com/jeffoleary/ Pinterest: https://www.pinterest.com/thevillageguru/ LinkedIn: https://www.linkedin.com/in/jeffoleary ==================================================== Find Out Your Home's Value: http://www.mississaugahouseprices.ca Search for Homes and See ALL the Homes that Real Estate Agents See: http://www.thevillageguru.ca/ Home Seller FAQ: http://www.thevillageguru.com/frequently-asked-questions-home-seller/ Home Buyer FAQ: http://www.thevillageguru.com/frequently-asked-questions-home-buyer/ Jeffrey O'Leary, Broker Better Home and Gardens Real Estate Signature Service 186 Robert Speck Parkway, Mississauga, ON. L4Z 3G1 http://www.thevillageguru.com
Views: 5880 The Village Guru
How to Sell Your House Rent to Own
 
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Discover how to sell your house on a Rent to Own. You'll learn why the Rent to Own is so powerful, 101 lessons, advanced tips, potential pitfalls, and much more.
Views: 96292 Phil Pustejovsky
Wholesale Real Estate Contracts - Purchase Agreement
 
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Wholesale Real Estate Contract - Purchase Agreement Example https://www.thewholesalerstoolbox.com/wholesale-real-estate-contracts A quick run through & explanation of the purchase agreement used for wholesaling houses. There are several strategies used for wholesaling real estate, this contract and example are for "Assignment Deals" only. Important Notice: Please verify with your state and title company that any real estate contract meets your state's requirements and are legally binding before you use them in any real estate transaction. https://www.thewholesalerstoolbox.com/wholesale-real-estate-contracts
Making the offer to purchase
 
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VIDEO TRANSCRIPT: Reporter: Let's say I have found the perfect property. I am now ready to make that commitment. What are some of the things that I need to ask before I make that commitment? Simon Bray: You're looking for the property, and you finally find the one that you really like. At that stage, you're going to make an offer to purchase, which is really a binding contract between yo, and the seller, provided the seller accepts it. So it can be a particularly difficult process, if you haven't done it before, to understand exactly what needs to go into that contract but really you have to know that you want the house. So is it in the location that you're happy with? Close to schools, the neighbourhood and the community that you enjoy. Sometimes it's worth having rented in that neighbourhood before so you know exactly what you're getting into. Is the house the type of house you want? The space and all of that, and I think most importantly can you afford it, because as soon as you sign that offer to purchase it starts a whole process in motion. And if you can't afford it, well you've wasted your own time and that of the seller. Reporter: Okay, now let's say I've cleared my mind of any doubt, I'm a 100% sure this is the property I want to purchase, what do I do? Simon Bray: The best thing to do at that point is to engage with a professional, so an estate agent or an attorney, to draw up a contract for you which is called an offer to purchase. Basically, it records your offer, the price you're going to pay and the terms and conditions that you're happy to accept in a sale. And then it'll get submitted to the seller, and if the seller likes what he sees then he's going to sign it, and you're going to have a binding sale agreement. So it really is just a contracting phase between two parties, and it's important to understand what goes into that contract, what are the various clauses that you need to look out for and that's where an estate agent agent or an attorney can really add value. Reporter: And is there anything specific a buyer should be aware of, or at least look out for, before making that offer to purchase? Simon Bray: Absolutely. A suspensive condition is basically if this condition isn't met well then the sale doesn't go through. So there's usually a number of suspensive conditions inside of sale agreements or offer to purchase, and there are things like you have to get a bond within 30 days, or perhaps I've got to sell my house before I can buy this house. So those would be suspensive conditions, and it's good to look out for those. Another one people often miss is this concept of the Voetstoots clause. There's this misunderstanding in the market that because of the Consumer Protection Act, there's no such thing as the Voetstoots clause. But in an individual property transaction, say you're selling a house to me, that clause absolutely can go into a sale agreement which means you're selling the house to me as it stands. So I need to be aware of any defects and be happy to sort them out if they do present themselves down the line. So that's a good one to look out for. Provided you don't know about any major problem that you haven't told me about, because that would be fraudulent, right? Reporter: Simon what happens in the event that you've bought the house but people are still occupying it? Simon Bray: The transfer process usually takes about 12 weeks in this country. So specifying exactly when you're going to move in has to be in that Offer to Purchase. So it usually records a date of occupation, and if, as you say, the person continues to live in the place after that date of occupation, then you'd also specify occupational rent. So that's how much rent they would effectively pay you to live in that place. It's usually quite high, it usually has to cover all the costs of ownership for the property. So you do need to look out for those ownership clauses, like the occupational rent clause. Reporter: And what are some of those things you should not do after you've done your OTP? Simon Bray: One thing that's really interesting is people will sign multiple offers to purchase. You've seen two or three houses, you've put in two or three different offers, and then you look to get the cheapest one. But the problem is if all of those sellers sign those offers, you've actually just bought three properties. So you don't want to do that. You don't want to sign an offer that you can't get finance for, so you need to know what your affordability level is. And you can't just rely on what people call the "cooling off period". There's a little clause that goes in the contract that says, "If I change my mind in the next five days, then I'm allowed to." That cooling off clause actually really only applies to property below a certain value, usually really low, like R250,000. And those directly marketed. So you don't really want to rely on that clause.
Views: 2072 Private Property
How to Make an Offer on Commercial Real Estate
 
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http://www.commercialpropertyadvisors.com/how-to-make-offers-on-commercial-real-estate/ Discover what no classroom would ever teach you on how to make an offer on commercial real estate. You'll learn the absolute essential things you need to make an intelligent offer, including the 4 phases you must go through BEFORE you finalize your offer. Most importantly, the lessons in this video will educate you on how to avoid overpaying as well as the dreaded negative cash-flow scenario that some commercial investors experience when they first purchase. Lastly, you'll get access to a file that step by step, shows you exactly how to make the best offer on any commercial property.
California Association of Realtors (CAR) - Residential Purchase Agreement (RPA)
 
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Brian Schwatka, Realtor and Transition Specialist explains the (CAR) - Residential Purchase Agreement (RPA) to Buyers or Sellers.
Views: 10255 Stay Or Go Homeowner
How to Make An Offer to Purchase Real Estate
 
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http://www.HampdenCountyHomes.com Hi Don Thompson, your local real estate expert advisor, back again to talk about making an offer. So to quickly recap, you’ve gotten pre approved for financing, you searched for your next home, you found and now you want to make an offer. Consulting with your broker advisor, you will want to develop a basic strategy. This will include the price you’re willing to pay, how much of a deposit or earnest money you want to put down, is there any personal property you want included, what repairs do you want to be made to the property, what other contingencies, like inspections, mortgage, closing cost credits, do you want to include and finally when do you want to close. You can see it’s not just making a low offer and seeing of the seller will accept. This is where an experienced broker advisor can be of immense help. In the end the lowest price may not be the best deal for you if you’re not able to negotiate any of the other terms. So where do we begin. I know most people like to go right to price but let’s talk about some of the other terms first. How much of a deposit do you want to put down? This is the money that the listing broker holds for the seller to take the house off the market. Contract law say it has to be “consideration” so it can be a lot or a little. The seller’s perception is however, the more you put down the more serious you are. What personal property would you like to include, stoves, refrigerators, washer and dryers, lawnmowers etc are all personal property to ask for if you want. If you or your broker advisor were to notice that there is, what I like to call a physical deficiency, that you would like fixed and if the seller wouldn’t fix you don’t want to buy then you should ask for it in the offer and not wait for the inspector to tell you it should be repaired because the seller does not have to fix it just because the inspector said… That leads us to the inspection contingency giving you the right to do inspections and allowing you to back out of the deal and get your deposit back if you are unhappy with any results of the inspection. Just to say, The seller is not obligated to do any repairs unless you have negotiated them as part of the offer, Your right is to back out. On a practical note we may try to negotiate more repairs. There are a lot of inspections to consider, structural/mechanical, termite, radon, lead, asbestos. Some may be more important to you than others. If you’re getting financing, there’s a mortgage contingency. You’ve been pre-approved, but you will need to make a formal application including the property which must be approved as well. I will talk about this process in another video. But if for some reason you could not get a mortgage you could back out and get your deposit back. The conditions for all this are explained in this paragraph. Then you can ask for anything else that you want to happen, closing cost credit and any other condition you want to be met. You decide on an appropriate closing date and then.. Determine a price that you want to offer. And you can be as aggressive as you like. Now, an Aggressive offer can be a little or a lot lower than asking price, but it can also be higher than the asking price. especially, if the property is priced right, in good condition and will be in high demand. This is where your broker advisor should be able to assist you. Ultimately, who sets the price that a house sells for? If you answered the seller you’re half right, the buyer’ that’s the other half. It takes the seller and the buyer to come to a meeting of the minds to determine the sales price. Depending on the situation, you may go back and forth with your negotiations until that meeting of the minds is reached. In some cases, however, because of competition for the property you may be asked to give your highest and best offer in which case you may not be able to get another chance and you’ll just have to give it your best shot. So Let’s say we’ve got a deal...now what That will be the topic of my next video, so look for that next email. If you have any specific questions you want to ask me, cal or text me at 413.221.9981 or respond to this email and I will get back to you right away. Thanks and have a great day.
Views: 3804 WesternMARealEstate
California Residential Purchase Agreement
 
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In this podcast, Suzan Vainberg Real Estate Broker (DRE: 01451293) with Arooly Inc. explains in great detail the regular CAR California Residential Purchase Agreement when purchasing a home, not intended for short sales, REO, commercial properties or land. Arooly Real Estate and his officers do not assumes any legal responsibility should you take any action based on this podcast. You are strongly recomended to use your own broker, real estate agent or lawyer and follow closely his advice. This podcast is informative and intended only and only for Arooly customers. If you are a customer of Arooly please consult with our brokers or agents regarding peculiarities of your transaction. Watching this video is not an agency relation in between Arooly and you. Arooly Inc is California Real Estate Broker DRE:01807608 all material not valid in any other state or country except California. This podcast is not intended to be legal advice. All material is believed to be accurate but is not guaranteed. http://arooly.com
Views: 31179 arooly
Agreement for Sale of Property and Land - Explained in Hindi
 
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Agreement for Sale of Property is an agreement that is executed between Buyer and Seller before Sale Deed of the land or property is executed. Let's understand the terms and conditions of the agreement and how property is bought and sold through it. Related Videos: Property Registration Process: https://youtu.be/S3KW_a4lLHc Encumbrance: https://youtu.be/Ab-Ugt50fS8 Clear Title: https://youtu.be/s1_6vIldGng Sale Deed: https://youtu.be/pPezwHazJPA किसी भी संपत्ति का Agreement for Sale एक ऐसा अनुबंध होता है जो क्रेता और विक्रेता के बिच Sale Deed निष्पादित करने से पहले किया जाता है। आइए जानते हैं की Agreement for Sale के क्या नियम व शर्तें होती हैं और कोई भी सम्प्पति कैसे खरीदी और बेची जाती है। Share this Video: https://youtu.be/3L2ninpXC4c Subscribe To Our Channel and Get More Property and Real Estate Tips: https://www.youtube.com/channel/UCsNxHPbaCWL1tKw2hxGQD6g If you want to become an Expert Real Estate investor, please visit our website https://assetyogi.com now and Subscribe to our newsletter. In this video, we have explained: What is an Agreement for sale of a property? How is Agreement for sale different from sale deed? What terms and conditions are included in the Agreement for sale? How property is bought and sold through Agreement for sale? What is earnest money? किसी भी संपत्ति का Agreement for Sale क्या होता है? क्या Sale Deed से अलग होता है Agreement for Sale? ऐसे कौन से नियम व शर्तें हैं जो Agreement for Sale में शामिल किये जाते हैं? Agreement for Sale के साथ संपत्ति कैसे खरीदी और बेची जाती है? Earnest Money या Advance क्या होता है? Make sure to Like and Share this video. Other Great Resources AssetYogi – http://assetyogi.com/ Follow Us: Twitter - http://twitter.com/assetyogi Pinterest - http://pinterest.com/assetyogi/ Google Plus – https://plus.google.com/+assetyogi-ay Facebook – https://www.facebook.com/assetyogi Linkedin - http://www.linkedin.com/company/asset-yogi Instagram - http://instagram.com/assetyogi Hope you liked this video on "Agreement for Sale".
Views: 165877 Asset Yogi
Buyer Series: Can A Buyer Back Out Of A Purchase Agreement? Potential Consequences
 
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Can a buyer back out of a buying a house before closing? What are some of the potential consequences of breaking a real estate contract? This video covers some of the ways a buyer can legally and ethically end a purchase agreement without losing earnest money, as well as some of the consequences if the buyer backs out after all contingencies have been released. Want to know more about the home buying process? Download my Free Home Buyers Guide here: https://homeiowacity.com/free-home-buyer-guide LET’S BE FRIENDS!  BLOG https://homeiowacity.com/real-estate-blog/  FACEBOOK https://www.facebook.com/rightmoveiowa  INSTAGRAM https://www.instagram.com/emilyfarberiowa If you want to talk with me about real estate in the greater Iowa City area, feel free to email me at [email protected] or call (319) 594-4455. I am a Realtor® at Lepic-Kroeger, Realtors, located at 2346 Mormon Trek Blvd., Iowa City, IA 52245. I am licensed to sell real estate in the state of Iowa.
Views: 144 Emily Farber
How to Close a Real Estate Deal - Wholesale Contract
 
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How to Close a Real Estate Deal. When you have an accepted offer from a seller what do you do to close the deal with the seller? 1. Fill out Purchase agreement 2. Have seller sign purchase agreement 3. Pay seller $10 consideration 4. Find a cash buyer/investor 5. Get a wholesale assignment contract signed with investor 6. Find a title and escrow company who understands assignments & wholesaling 7. Give them all documents as well as sellers contact info and they will close deal for you 8. Within 30 days you will make an assignment fee from the investor Special Note: some investors will give you this fee up front, take over this deal and close it themselves. Some will not until they get comfortable with you #wholesalecontract #realestate ✔️Free Contracts for Real Estate Investors Click Here⬇️ https://bit.ly/2NdEQfm ✔️Join the House Flipping Family Facebook group http://houseflippingfamily.com ✔️ Wholesaling made easy http://houseflippingguide.com/leads ✔️ Ready to Flip Your First House? http://houseflippingguide.com/freeguide ✔️ Wanna EXPLODE your business? http://houseflippingguide.com/free ✔️Agents: Traffic + Conversions = 🥕 http://houseflippingguide.com/Agent ✔️ Wanna build a Cash Buyers List? http://houseflippingguide.com/Buyerslist ✔️Use Craigslist the right way! http://houseflippingguide.com/Craigslist ✔️How to Attract Leads to You! http://houseflippingguide.com/Seoprofit Wholesale Contract pitfalls http://houseflippingguide.com/?s=Wholesale+contract
Views: 10162 House Flipping Guide
How to Make Lease Option, Rent To Own Offers for Real Estate Investors
 
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2-Time Best Selling Author Chris Goff show you exactly how to make a Lease Option Offer. Chris will show you how to calculate the offer, choose an exit strategy, set the terms with the new buyer and how to get the seller to say YES! 30-Day Free Trial of REIPro https://www.myreipro.com/
Views: 38318 Chris Goff
The Agreement of Purchase and Sale | Mark Woehrle
 
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The Agreement of Purchase and Sale is the document that is commonly used in Ontario,Canada to make an offer to buy a house. It shows the buyer's intent to purchase a property and to negotiate the terms of the Sale. It is commonly referred to as an "Offer". This document allows the Buyer to outline the conditions they wish to be placed in their offer to buy the seller's property. Some common examples of a Buyer's conditions include arranging financing for the property to be purchased or completing a home inspection. The Seller, in turn, may want to make changes to the offer for the Buyer to consider. This process can continue back and forth several times in an effort to reach an agreement. The Agreement of Purchase & Sale includes the Purchase Price, Deposit, Irrevocability, Completion Date, Chattels Included, Fixtures Excluded, Rental Items, HST, Title Search, Future Use, Title, Schedule A, Closing Agreements etc.. Mark Woehrle Broker RE/MAX, Escarpment, Realty Inc., Brokerage Cell: 905-512-1846 Email: [email protected] Website: www.markwoehrle.com Video Dialogue Hi Everyone. It's Mark Woehrle, Remax Escarpment.We're going to talk about writing an offer today and the agreement of purchase and sale. On it we start out with the date, of course, we put in the buyer name and the seller name. We put down the address that you are looking to buy. We talk about the frontage and the depth and of course your purchase price. After that, you are going to submit a deposit and we're going to give a time to the seller to respond to us. One of the key components to your agreement of purchase and sale is the irrevocable date. It is the day and the time that the other party as to respond to your offer. Until then your offer is open and they can either accept your offer, reject your offer, or make you a counter offer. Or, if they really don't like your offer and they get something else that is even better, they don't have to respond to you. The next thing that we will discuss is the completion date. That is the day that you would like to move into your new house. This again, is negotiable. The next thing we talk about is chattels, which are things like your fridge, stove, microwave, dishwasher, washer, dryer, any sheds, riding lawn mower, stuff like that. Sometimes they tell you in the listing if those are already included or if you have to ask for them. Then we talk about fixtures excluded. Sometimes sellers say, I want to keep this beautiful chandelier here. It's been in my family for three generations. Then we talk about rental items. For example, a hot water heater is very common item to have rented. Some people also have furnaces or air conditioners, heating pumps, also on rental. You want to know about that. The next thing we talk about is the HST. In a resale home the HST is generally included unless you did a lot of renovations. The next thing we need to talk about is the title search date. This is the date that your lawyer will have until to search the zoning. The use on your house most likely single family residential is what it can be legally used for. If you are buying a duplex, triplex, or a commercial building, you want to make sure that you can use your building for what you want to use it for. Don't just go by what the seller represents. Make your own inquiries always. At the end of the agreement, you have to sign your name and date it. And I have to witness that for you and sign it myself. The next part of the agreement we are going to talk about is generally called Schedule A and those are some of the conditions. The first condition is always to pay the balance of the purchase price subject to adjustments to your lawyer. Some more popular conditions are number one: Home inspection obviously. Number two: Financing. Number three: That you are getting insurance. Number four: That you are requesting a survey. And maybe you want to ask for the utility bills for the last year. Maybe you would like to view the property one or two or three more times. And if there is anything else that you would like to have as a condition, you can ask for it in this section here. Any questions please give me a call. Mark Woehrle, Remax Escarpment Real Estate, 905-512-1846 on the web www.markwoehrle.com
Views: 4339 Mark Woehrle
How to complete a Purchase Agreement when buying subject to...
 
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I am showing how I would complete a Purchase and Sale agreement in more detail. I follow the same basic template on each deal when I buy subject to the existing financing. Afterwards, I fax the agreement to my real estate attorney to check title. If you are new to Real Estate please do me a favor and lend my your opinion on the quick form on how to best offer assistance to aid you in getting your first deal. For a copy of the P&S agreement and additional lessons Click on the link below and join our Real Estate Newbie Mastermind on Patreon for a FREE copy of real estate contract. https://www.patreon.com/posts/how-to-complete-8054744 Need Real Estate Coaching or Mentoring http://goo.gl/gdK1oE Please leave any questions or comments.... Serious about getting results instead of excuses click below http://goo.gl/3n7aeD Join our real estate newbie Facebook Group http://goo.gl/nz1bZB
Views: 14580 James Bealer
RPA Training (California Residential Purchase Agreement)
 
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California Residential Purchase Agreement (RPA) Training for Ashby & Graff Real Estate Sales Associates To learn more about Ashby & Graff Real Estate and our "Pick Your Own Commission Spit" Plans, visit: www.AshbyGraffAdvantage.com
Offer To Purchase - Bank Owned Properties
 
16:14
When making your offer to purchase on a bank owned property, it's a good idea to use the purchase and sales contract from the realtor. By using your states purchase and sales agreement, you know that it has everything in it to comply with your states laws. Plus you can lean on your real estate agent for help in filling it out and then they can submit it to the bank. That's what they are there for and they would be more than happy to help. One advantage of using me as your funding partner is that you can make all cash offers. People and especially banks love to see all cash offers. However, in some cases they want hard proof or bank statements backing up the cash offer. So you may have to change your offer from all cash to pre-approved. By doing this, the bank will not want to see the cash in your account. By going this route they may ask for a lower earnest money deposit too. Contingencies are one of those things you have to be very careful about. Too many contingencies can cause you to lose a deal. Some of these contingencies might include subject to financing, partners approval, inspections, etc. With earnest money on banks, typically they want $100 - $500 earnest money. Some realtors may tell you other wise. Here's a little secret... if you are making multiple offers, this can be a lot of money you have shell out. Well instead make it so your earnest money is due within 48 hours of acceptance. This way you only have to deposit money if the offer is accepted. The addendum will be specific to the lender and your state. Usually it contains important information about the sale of the property. Every property you buy from the bank will have an addendum so get familiar with it. If you don't understand it, ask the agent to help you. As far as being assignable, the answer is NO! This is one of the main differences between buying from a bank vs. buying from a private seller. Banks don't do assignments because they want to deal direct with the buyer and know that they will close on the property. Proof of funds is important these days. If you are one of my students, then you have access to my proof of funds and transactional funding. Banks are now on to bogus proof of funds letters so it's important to have someone you can trust to back you up on all your deals.
Views: 7183 Cameron Dunlap
Understanding the NC Offer to Purchase
 
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This video may be super long but its definitely worth the watch if you are about to sign an offer to purchase for the first time or if it has been a few years since you last purchased a home (since the contract changes almost yearly). When purchasing a home it is important to understand what you are signing. You need to not only know the high level items of purchase price and closing date but other items such as how to get out of a contract and what items convey with the purchase of a home. Ten years ago when I first received my license the contract was about seven pages long and now we are at 13 pages! Ashley Jamerson, licensed NC Realtor since 2006. Start your Home Search: www.CharlottesBestRealEstate.com Down Payment Assistance Programs in Charlotte/NC: www.CharlottesBestRealEstate.com/loan-programs Facebook: www.Facebook.com/AshleyJamersonRealtor Instagram: AsheTheRealtor Email: [email protected]
Views: 2318 AsheTheRealtor
Texas Real Estate Contract Process
 
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This video goes over some of the common question when buying a home in Texas and the parts of a contract
Views: 17644 Paul Silverman
Minnesota Real Estate Purchase Agreement EXPLAINED EASILY!
 
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This is the Minnesota purchase agreement. It's the main contract that you're going to use in the purchasing of a home. Is it confusing? Not at all. Is it a lot of information? Yes. Does all of it apply to you? Not at all. The thing about purchase agreements is that they cover almost every single aspect of buying a home. There are separate addenda yes, but they purchase agreement mentions whether or not those addenda apply.
Views: 1458 Carale Bowe
Understanding the Sale and Purchase Agreement
 
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A sale and purchase agreement is a legally binding contract between the buyer and the seller. It sets out all the details, terms and conditions of the sale. This includes things such as the price, any chattels being sold with the property, whether the buyer needs to sell another property first and the settlement date. A sale and purchase agreement provides certainty to the buyer and the seller about what will happen when. You can visit settled.govt.nz and find out more about the sale and purchase agreement here: https://settled.govt.nz/sandp About settled.govt.nz: Guiding Kiwis through home buying and selling Settled.govt.nz is brought to you by the Real Estate Authority (REA), the independent government agency that regulates the New Zealand real estate industry. Our aim is to promote and protect the interests of consumers involved in real estate transactions, and to promote a high standard of professionalism and service in the real estate industry. Settled.govt.nz provides comprehensive independent information and guidance for home buyers and sellers. It'll help you feel more in control and help to get you settled. You can visit settled.govt.nz and find out more about the home buying and selling process: https://settled.govt.nz/ If you would like to get in contact with us please follow this link: https://www.settled.govt.nz/contact-us/ Like our Facebook page: https://www.facebook.com/settled.govt.nz To subscribe to our channel click here: http://bit.ly/2I9qZVe
Views: 3342 settled.govt.nz
Real Estate Wholesaling Explained: How an Assignment of Contract Works
 
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See the full blog post here: https://retipster.com/wholesaling You can also get a solid overview in this blog post: https://retipster.com/wholesaling2 The concept of assigning contracts can be tricky to grasp at first, so I’ll start by explaining how assignments were MEANT to be used and then I’ll give an example of how they can be used. Let’s say you’re a real estate investor who DOESN'T like to buy properties with basements. One day, you get a lead on an investment property from a seller who says the property is built on a slab foundation. You both agree to enter into a purchase agreement, but during your due diligence, you find that the seller wasn’t entirely honest with you, and the property DOES indeed have a basement. At this point, you have two options: You can back out of the deal and walk away OR, If you happen to know another investor who doesn’t mind properties with basements, and they like the deal, you can assign your rights in the purchase agreement to this other investor, for a fee. Now in order for this to work, you need to make sure the original purchase agreement has the proper legal jargon that gives you the ability to do this, but as long as it's there, instead of walking away with nothing, you can walk away with a little money in your pocket. You and the new investor would complete a new contract called an Assignment Agreement. This agreement explains that new investor is replacing you as the buyer, and they are also paying you an assignment fee, which compensates you for your trouble and allows them to buy their way into the purchase agreement to assume your position as the purchaser. When this is done correctly and the deal is closed, you’ll be able to walk away with some money in your pocket, the seller is able to sell their property and the new investor is able to get a deal. It’s a true win-win for everyone involved. This is how assigning contracts are MEANT to be used, but here’s a question - wasn’t it interesting how you were able to walk away with money in your pocket, even though you never put any of your own money into the deal personally? What if you used this concept just to find deals for end buyers? Think of how many more deals could you do if you weren’t actually buying anything yourself and if you didn’t have to come up with any of the cash on your own? This is where the loophole comes in: some investors, specifically real estate wholesalers, commonly assign contracts, with the full intent of assigning them to another buyer for a fee. Some wholesalers actually build their entire business model around doing assignments! Here’s an example: Let’s say you get a property under contract for $50,000. You then find another investor who has the cash and wants to buy your position in that contract, and so they pay you a $5,000 assignment fee to take over the deal. The buyer is still getting a great deal on the property for $55,000 all-in, the seller is still able to sell off their property and you get to walk away with $5,000. It’s a pretty sweet deal, right? This business model is intriguing because if done correctly, you can make thousands of dollars just by acting as the middle man and connecting sellers with buyers, with little-to-none of your own money involved in the transaction. On paper, it sounds pretty great, but we want to strongly suggest you seek legal advice as to whether or not this strategy is actually legal. Some states have basically outlawed assigning contracts without the involvement of a licensed real estate agent. When you enter into a purchase agreement WITHOUT the actual intent to buy the property yourself, the contract can be somewhat misleading, and in some jurisdictions the purchase agreement may effectively be null and void. If your primary business model is to do these types of assignments, and you’re not a licensed real estate agent, it could be interpreted that you’re acting as a real estate agent without a license. There are differing opinions on the legality and ethics behind this type of transaction but as you can imagine, when it’s done correctly and communicated clearly to all parties involved, it can work to everyone’s benefit. Unfortunately, it’s not always done correctly or communicated clearly, and when deals fall apart, it’s definitely NOT a win-win situation for the parties involved. Some local governing bodies are more strict with their laws than others, and this is why it’s in your best interest to consult with a local real estate attorney in your area to ensure you understand what is and isn’t allowed, to make sure you’re using the right documentation, and that all parties involved are acting within the confines of the law. We hope this explanation helps you understand the basics of how an assignment works in real estate. Again, we’re not lawyers and this video isn’t intended to be legal advice, so be sure to talk with a legal professional in your area before you dive into this strategy any further.
Views: 936 REtipster
Changes to the 2019 Real Estate Commission Approved Contract
 
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https://frascona.com/ - The Colorado Division of Real Estate is Making Big Changes to the Colorado State approved contract to buy and sell real estate. Learn about the major changes here. Reference Webcast: https://frascona.com/property-specific-deed-exceptions-2/
Views: 2372 Jon Goodman
How To Fill Out Real Estate Contracts for Buyers and Sellers Step by Step | Wholesaling Houses
 
01:26:32
Want a FREE Copy of the contract I've used since 2003? Text the word CONTRACT to 833-439-9632 Need the Closing Detail Sheet I send to title companies and closing attorneys to explain how I get paid Text CLOSE to 833-439-9632 to Get a Free Copy of My Closing Detail Sheet Get Your Questions Answered every Thursday on my LIVE Flippinars Text FLIPPINAR to 833-439-9632 --~-- How To Fill Out Real Estate Contracts for Buyers and Sellers Step by Step | Wholesaling Houses - http://FlipMan.net #wholesalinghousesstepbystep #flippinghousesforbeginners https://youtu.be/R7g-MRAIfz4
Views: 40840 Flip Man
Residential Purchase Agreement Page 1 of 8
 
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If you are wondering about the Residential Purchase Agreement in California to make real estate purchases please view our video. This video goes over page 1 of the Residential Purchase Agreement including offer price, escrow length, good faith deposit, financing, plus some handy tips. Stayed tuned for more videos as we work our way through the Residential Purchase Agreement.
Views: 59478 Jeffrey Douglass
Real Estate Back Up Offer Addendum
 
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Troy Sage Training Real Estate Purchase Back Up Offer Addendum. How to use and complete the C.A.R. form BUO When a property has multiple offers on it, the proper procedure for the sellers agent is to present all offers. Once an offer is accepted by the seller, it's the sellers agent responsibility to prepare a Back Up Offer Addendum. In California the form is called C.A.R. form BUO. Here's how it works step by step. Once an offer is presented the seller or sellers agent should initial and date the bottom of the purchase agreement in the appropriate paragraph. If the offer is accepted by the seller, then the seller will also sign in the acceptance paragraph. The same goes if there is a counter offer or a rejected offer. It's vital that the sellers agent present all offers unless advised not to and documented in the listing agreement. So, when all offers have been presented, the sellers agent needs to send the purchase agreement back to the buyers agent. This is again the proper thing to do as it gives the buyers agent proof their offer was presented, and a reply from the seller (not just a verbal or email reply from the sellers agent). Competing the BUO is very simple. The form is designed to outline the terms of the back up offer. Meaning, BUO form states clearly what position the offer will be held in, if the buyer needs to begin their due diligence, if the buyers deposit needs to be held, and how long the buyer must wait for their offer to be accepted or looked at again. If you're not using this form as a sellers agent you are not keeping your Fiduciary Duty with your seller, and you're also not keeping communication open between the seller and additional buyers. If you're a buyers agent, make sure you get this addendum back and completed if your offer is being held in Back Up Position. If the seller does not execute the BUO, you simply do not have anything to show your buyer and worse yet you have nothing in writing that keeps your offer in consideration. Feel free to contact us with any questions.
Views: 11533 Sage & Associates
Understanding the Residential Real Estate Purchase Contract, Part 1
 
01:26:08
This course was given on July 15, 2010 and is a comprehensive review of the Residential Real Estate Purchase Contract and some of the most important associated forms offered by the Columbus Board of REALTORS® to its membership. Designed for both the newly licensed agent and the experienced salesperson, the course reviews the key concepts and clauses in the contract and associated forms, with the goal of helping attendees make effective and problem-free use of the materials. Particular emphasis is placed on understanding the notice requirements and contingency clauses, as well as the mechanics of the Inspections and Tests section. Also covered are the new Short Sale forms and issues raised by non-traditional transactions (i.e. land contracts, leases with options to purchase, etc.) Instructor William Fergus is a partner with Peterson, Ellis, Fergus & Peer and he practices in areas of real estate law, business law, estate planning and probate law.
Views: 5048 LibertyCore News
Subject to Existing Liens Real Estate Contract (Download Now)
 
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Download the REAL ESTATE PURCHASE AGREEMENT ( Subject to Existing Liens)..aka. Sub 2. What is a Subject 2 Deal? A "Sub 2" deal is a type of creative financing where the home-seller deed's the property to you while leaving the existing under-lying-mortgage in place. There is no FORMAL assumption of the seller's-loan, you start making the payments as if you are the old-owner. There are many ways to structure a "Subject to" deal. I have bought subject 2 deals for "rental homes" and I have bought subject 2 deals for Fix-and-Flip. Therefore, The “Subject 2” method is my personal favorite way of buying houses in Dallas Texas. WHY...? Because I am in total control of the deal. I am not at the mercy of the banks, the title company, the inspector or the appraiser. Plus It is fast, simple, and relatively easy to negotiate with the motivated-home-sellers. LISTEN TO DAILY PODCAST ON ITUNES ▶︎ Podcast.MyRealEstateDojo.com SUBSCRIBE FOR DAILY VIDEOS ▶︎Subscribe.MyRealEstateDojo.com DOWNLOAD FREE BOOK “Beginners Real Estate Investing Starter Guide” ▶︎FreeBook.MyRealEstateDojo.com Get $12,000 for each Ugly or Pretty House you Find me! ▶︎Deal.MyRealEstateDojo.com ----------------------------------- SCHEDULE A LIVE CALL WITH ME ▶︎ Live-Call.MyRealEstateDojo.com ----------------------------------- LET MEET ★Facebook: https://www.facebook.com/MyRealEstateDojo/ ★Instagram: https://www.instagram.com/myrealestatedojo/ ★Be part of the Community on FB Groups FB.MyRealEstateDojo.com ★Website www.MyRealEstateDojo.com
Views: 9353 MyRealEstate DOJO

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