Christian Nugget: "The greatest of all disorders is to think we are whole and need no help."
Thomas Wilson
Friday, April 15, 2011
Wednesday, April 13, 2011
AGREEMENT TO PURCHASE AND SELL REAL ESTATE
AGREEMENT TO PURCHASE AND SELL REAL ESTATE
BE IT KNOWN, the undersigned, _____________________________
WHO ALSO, BY AFFIXED SIGNATURE(S), AGREE(S) TO SELL the Real Estate property known as: ______________________________
The purchase price offered is: $
Non-Refundable Deposit; $ __________________10.00
Balance at closing: $_______________________
Total purchase price: $_______________________
This agreement is conditional upon the following terms:
1. →This agreement is subject to Buyer obtaining a satisfactory home inspection report and termite/pest report within thirty (30) days from date hereof.
2. →Said property is to be sold free and clear of all encumbrances, by good and marketable title, with full possession to said property available to Buyer and/or Assigns on date of closing at ______________________________
3. →The closing shall occur within days after the 5 day waiting period (not to fall on weekends or holidays), by and through the Title Company, ____________________________.
4. →The property is subject to inspection and Partner Approval, and contractor’s estimates for repairs, if necessary, within 14 business days.
5. →Seller(s) to pay normal closing costs, at Title Company[i]
6. →Seller(s) will provide Buyer/Buyer’s Agents with access (and keys if vacant) to the property upon acceptance, with sufficient notice given to Seller(s).
7. →This agreement shall remain open for five days after signing by Seller(s), not to include weekends or holidays, until 5 o’clock p.m. on ____________________, 20___, and if not accepted by said time, this offer shall be deemed rescinded.
8. →Also CONDITIONal upon:
A. Seller having the understanding that Buyer and/or Assigns will sell the said property/Contract for profit.
B. Buyer being able to successfully negotiate sale of this contract.
C. And in the event of unforeseen delays, Seller(s) agree(s) to an extension of this Contract, for a period of up to fifteen days, including but not exceeding beyond ________________ _______, 20____, (not to fall on weekends or holidays).
Buyer:
Seller:
Seller:
Assignee:
[New Buyer(s)]
______________________________Upcoming Meetings!
Reminder Num 1: See April 19th @ Metro Title
Mark your calenders. April is the month of spring bloom and that's exactly what our Investors are starting to do.
Be a part of the spring bloom and join us for our next networking meeting! It will be a very valuable one for everybody.
Ask for Lynne
Reminder Num 2 Friday Night Meeting Every Week
We are going to be at the Borders Book Store Park Place Mall, 7:30 - 10pm.For a time of networking and fun times playing Cash Flow 101.
Ask for Elliot
Let me know if you are interested in any of these and we'll save you a seat!
Ps. Bonus! Don't look at this if you're a NooB. Interview with Joe McCall and Claude Diamond Take the meat and leave the fat.
REI Creed
I am a Real Estate Investor. Of all of the occupations I have tried, researched, pondered, and read about over the years, there is none, which compares to mine. My work is fun. I take ugly houses and make them beautiful. I help people out of difficult situations. I am a Real Estate Investor. I am my own boss. I often work in my pajamas from the comfort of my home. I have no employees to baby sit, no perishable inventory to move, no franchise fees to pay, and no store to maintain. Still, I am in the top 5% of all income earners. I am a Real Estate Investor. I now enjoy freedoms I’ve never had before. I am the master of my day. I choose whom to work with. I choose my hours, and I decide if I will work 20 hours or 40 hours this week. I can also choose to take the day off, without obtaining anyone’s permission. I can take a month-long vacation. I can sleep in, or take a power nap after lunch if I want. I can review my notes and return my calls while lounging in my Jacuzzi. I no longer have to commute during rush hour. I have the freedom to spend lots of time with my wife and children. I do not have the stress and pressure of needing to close my next deal by the end of the week, by the end of this month, or even by the end of this year. I live in one of the nicest neighborhoods, in one of the most beautiful states, in the best country that has ever existed on this Earth. I am a Real Estate Investor. There are many who ‘want’ to be like me; many who are ‘studying’ to be like me; and many more who would be like me, but are just waiting for ‘this opportunity to appear’ or ‘that circumstance to change’… At the end of the day, very few actually are like me. I have been very fortunate and blessed. I am finally living my dream. I love doing what I do, and I would not trade places with anyone, nor trade my life experiences for anyone else’s. I am driven by the belief that life is short, and we need to ‘make a difference’ in the short time that we’re here, because after all is said and done, it’s really not about ‘us.’ I am a Real Estate Investor.
Cash, Credit, or Risk
Every time I attend at a live event, I have
people ask me about short sales, buying foreclosures,
rehabbing, and all the other techniques of buying real estate
that usually require taking on cash and risk.
Personally, I stay away from those strategies because I
don't like to use cash, credit, or risk as part of my business model.
Lease Purchase/Options are so much easier because you
don't need any of those things. In addition, the option portion
of the agreement, is a unilateral agreement- meaning that only
one party is obligated to perform.
What does that mean?
It means you have the flexibility to buy, lease, sublease, sell, trade, or move into your optioned real estate.
And yes...if the deal goes bad, you can walk away with your cash and credit intact.
I sleep very well at night.
The reality is, there is no better way to make money in real estate then with options.
If you are willing to capitalize in this market, your have a great chance of finishing on the top.
Make it happen!
By TToback ital by Tyson
Subscribe to:
Posts (Atom)