Hey guys, today i have a question about assignments of contract. I have being thinking about doing assignments of contract to start gaining some confidence and of course "money" in Real Estate. I have a purchase agree...
Hi - I'm looking for clarification on wholesale contracts. Each contract example that I've seen has three parties: Seller, Assignee and Buyer. If I understand the process correctly, I, as the Assignee, will first ente...
Hi everyone appreciate any feedback. Here is the situation. I found a wholesale deal that I like. I asked for the representative to send me the contract after an hour or so I got a message saying the lawyer and title ...
Can anyone provide insight in the process for purchasing an off market deal? My understanding is that you write letter with good faith offer, after that is accepted, you contact a lawyer to draft a purchase agreement ...
Hello everyone :)Beginning of last week I won my very first auction through auction.com. Within two days I signed the purchase agreement, sent proof of funds and sent the earnest money as well. This morning around 10a...
I've had the great opportunity of meeting a home owner who is willing to sell me his home, and we've agreed on a price. However, both of us have never sold or purchased a home without an agent. I will be financing the...
It's a jointly owned multifamily rental in Westchester County, NY. LLC was created (2 yrs ago) for filing taxes but we never changed the name of the Deed/Title to the LLC name, it's still under our 3 individual names....
"Purchaser further agrees that it will not enter into any contract for deed or lease with option to purchase agreements regarding the Property, unless Purchaser is a non-profit organization or has obtained Fannie Mae’...
Hey guys,
I recently got a purchase agreement on a bank owned mixed use property. A business owner next to the property mentioned that someone was willing to buy it for the list price, well above what I negot...
Hi BP community!
New investor myself and trying to help my parents makes sense of their Purchase Agreement on a New construction single family house in Florida.
Are these two terms below in the Purchase Agreement c...