I would have signed the deed with instructions for escrow to hold it until day 61 and then record.

But, by performing this transaction through agents, using an attorney for promissory note, Trust Indenture, escrow instructions and the reconveyance deed and using a 3rd party servicer to handle payments and escrow, those bases are covered.I am performing due diligence from all angles to ensure this goes smoothly, if it goes that is :)

Almost unbeatable.One of my mentors, a highly succesful real estate investor and entrepreneur, once suggested to me that if you have $50,000 on hand, invest only $25,000.

Perhaps the real estate agent is just trying to be a networker and this is how the club she is a member of instructed her how to network for other members ... who knows.You probably should not take it personally.

He is a successful real estate investor and entrepreneur in south Florida, so there was some good stuff on real estate as a wonderful complement to other income streams.

For the sake of instruction I searched for the buying process but couldn't find it so I started this thread.

If you instruct them the payment is due on the due date as stated in the contract, they will be better at paying by the due date.One word of caution, some judges look at the payment history and your lack of structure when settling disputes.

I am a tax partner at Moss Adams, LLP where I work with Silicon Valley families, entrepreneurs, investors, etc as their tax advisor.

I'm reflecting on a young entrepreneur who I saw yesterday who had 3 different deals going, not in real estate.

The other thing is to determine if the author of any technical subject is actually qualified to give instruction, being successful doing XYZ and making a million means it worked for them, not that anyone else can duplicate that nor is having made money any qualification to actually teach others.