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Updated over 7 years ago on . Most recent reply

User Stats

9
Posts
4
Votes
Michael Dahlheim
  • Investor
  • Cambridge, MN
4
Votes |
9
Posts

Contract paperwork basics

Michael Dahlheim
  • Investor
  • Cambridge, MN
Posted
I have a noob question that I'm sure I actually already have answers to and could find somewhere, but for the sake of finding really good, direct answers, here goes my post. I've analyzed a few properties and have to call to look at them and get under contract. I'm assuming the process should be as follows, but correct me if I'm wrong: 1. Analyze the property at face value with your estimated numbers 2. Call the seller/realtor to look at the property and get closer final numbers for analysis. 3. Give the offer and reason for you offer and negotiate until a deal is agreed upon (making sure you stay within your analysis numbers) 4. Put it under contract...paperwork for this is where? Get the funding, etc. Any help is greatly appreciated

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