No Risk Contract

[Dontae Taylor]

Is a contract truly "no risk" ?

[Hattie Dizmond]

If anyone ever tells you there is anything in life that is "no risk"....don't walk, RUN AWAY!

If someone wants to fight a contract, they will find someone willing to fight it.  And, there is usually someone willing to believe they actually did find a loophole.  It's important to remember that, when dealing with contracts, you're dealing with civil law.  In civil law, the burden of proof is on the defendant.  And, even if you are right and win, you've still paid legal costs.  I'm going to summon someone who I didn't think I would ever summon, but he can and probably will write you a dissertation about the need for umbrella policies to protect yourself.  Bill Gulley, where are you?

From a more practical standpoint, if you aren't comfortable with some level of risk, you shouldn't be investing in real estate.  But, if you conduct your business correctly and aren't trying to put something over on people, you can greatly minimize the assumed risk