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Updated over 8 years ago on . Most recent reply
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Multiple properties, one contract, sale prices?
I have a general question. In a deal in which there is an overall price offered for multiple pieces of as-is cash offer real estate, how should the contract be set up? Should it (or is it better) to have a separate contract for each property, or put them all on one? If all on one, then how does the recorder figure out the purchase price for each property? For example, if I hypothetically package a 30,000 s.f. mansion with a 2/1 fixer upper for an overall sales price of $10M, I doubt the recorder will list the sales price as $5M each. Thanks.