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All Forum Posts by: Courtney S

Courtney S has started 26 posts and replied 63 times.

Post: Contingencies or Weasel Clauses

Courtney SPosted
  • Real Estate Investor
  • Sunrise, FL
  • Posts 79
  • Votes 0

Now I know I need a Inspection clause in my contract but what about any other contingencies that I may need to place in there, would I place it on the purchase and sale agreement or an "Contract Addendum"? or it doesn't matter?

Post: Filling out the PSAgreement

Courtney SPosted
  • Real Estate Investor
  • Sunrise, FL
  • Posts 79
  • Votes 0

Thanks. This would be for when I am dealing with a seller.

But what about the line that says "closing costs or points exceeding" ? What would I place there?

And is 6.75% a common percentage to put?

Post: Filling out the PSAgreement

Courtney SPosted
  • Real Estate Investor
  • Sunrise, FL
  • Posts 79
  • Votes 0

Ok so this may sound odd, but thats why I'm here to find out everything.

My question is this on a Purchase and Sale Agreement where it talks about "New Loan" exactly what would I write there?

****The agreement is contingent upon buyer's ability to obtain a new loan in the amount of $___________.
Buyer is not required to accept any loan with interest rate exceeding _________% amortized over
___________ years or pay any closing costs or points exceeding $___________. Buyer shall provide
seller with written proof of a loan commitment on or before __________, 20 ___.*****

Post: Naming my Business

Courtney SPosted
  • Real Estate Investor
  • Sunrise, FL
  • Posts 79
  • Votes 0

Thank you both!

Post: Naming my Business

Courtney SPosted
  • Real Estate Investor
  • Sunrise, FL
  • Posts 79
  • Votes 0

Can I or is it a good idea to put the word "Properties" or "Investments" in my business name?

Post: Doing a wholesale deal

Courtney SPosted
  • Real Estate Investor
  • Sunrise, FL
  • Posts 79
  • Votes 0

Thank you :-)

Post: On a Purchase and Sale Contract

Courtney SPosted
  • Real Estate Investor
  • Sunrise, FL
  • Posts 79
  • Votes 0

Ok, but how would anyone know what I am a manager of? By me signing my name "Courtney, Mgr." could mean I can be a manager of anything...Do u see what I am saying?

Post: On a Purchase and Sale Contract

Courtney SPosted
  • Real Estate Investor
  • Sunrise, FL
  • Posts 79
  • Votes 0

My question is this If I am doing business under my LLC, Do I write/sign the "business name,LLC" wherever it says "Buyer" or do I sign my name?

Thanks for you help!

Post: Doing a wholesale deal

Courtney SPosted
  • Real Estate Investor
  • Sunrise, FL
  • Posts 79
  • Votes 0

Thanks!...QUESTION to anyone who wants to answer: IS IT BETTER TO Form an LLC or INC?

Post: Doing a wholesale deal

Courtney SPosted
  • Real Estate Investor
  • Sunrise, FL
  • Posts 79
  • Votes 0

Ok thanks! And I'm not sure I guess lol..Scratch that last question