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Updated over 2 years ago on . Most recent reply

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Sharad Peterson
  • Investor
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Using state contract when flipping a house

Sharad Peterson
  • Investor
Posted

Hi everyone, I’m an agent in the Maryland market and I’ve found an off market deal that I’d like to flip in Georgia. 
I’d like to know if I can use my own contract or am I required to use Georgia state contract to lock the house up since I’m a licensed agent (albeit in Maryland). 
I want to use my own contract as it’s much easier to walk the seller through. 
Any feedback?

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Michael Dumler
  • Real Estate Agent
  • Atlanta, GA
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Michael Dumler
  • Real Estate Agent
  • Atlanta, GA
Replied

@Sharad Peterson, I'm not a real estate attorney, but to my understanding, you should be fine using your preferred contract. A valid real estate purchase and sale contract need to have the following elements; written instrument, names of all parties, legal description of the property, purchase price, closing date, etc. Hope this helps!  

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