One of the dis-advantages in licensing is having to make certain disclosures to perspective sellers and buyers.

Thus, full disclosure should keep you from being sued but it also gives the owner a bit more leverage.

There are pros and cons with becoming a member of the MLS - you do get up to date info; however, as a licensed real estate agent you are now bound by certain State laws when it comes to disclosure.

Not hard to do as long as there is full disclosure to all parties involved.

My title company informed me that in order to go to title, I needed a "Resale Disclosure".

In most situations, the purchase or sale of real property includes disclosure forms, inspection reports, mortgage documents, insurance policies, deeds, contingencies, multi-page government mandated settlement statements, market research, property research, etc.

I suggestyou check the laws before you go this route. the new respa (Disclosure)law is one of many that protects sellers and buyers from these double closing.

I would find out what is required by your state law to be in a contract (usually some type of disclosures), and I know federally a lead based paint disclosure is required.

2 - Get pre-approved by the bank to see how much I can loan while looking for HML lenders.3 - Price out all my expenses.4 - Find a sample questionnaire to ask potential buyers/sellers.5 - Find a sample of a Letter of Intent.6 - Find a sample of a non-compete agreement, find a sample of a non-disclosure agreement, and find a sample of a Master Fee agreement that I can use as a template when I bird-dog.7 - Find a sample of a purchase contract, find a sample of an assignment contract that I can use as a template when I am wholesaling.If anyone would be so willing to share an old or expired contract, I would be most graceful.

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