15 July 2024 | 12 replies
I contacted an attorney prior to making the deal and he said it would be ok to get a shared well agreement after closing.
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14 July 2024 | 2 replies
This means that the buyer's broker’s commission is usually taken care of as part of the overall transaction, similar to the standard practice mentioned above.Broker’s Agreement: The buyer's agent will typically negotiate this arrangement upfront, ensuring that the seller covers the commission from the sale proceeds.
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14 July 2024 | 26 replies
Thus, the first obligation was metunder the Agreement.
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14 July 2024 | 3 replies
Here’s how the contract and assignment process typically works in wholesaling:Contract with Seller:You start by negotiating and signing a purchase agreement (contract) with the seller of the mobile home.
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15 July 2024 | 13 replies
Might be able to get a contract with the buyer of the cherries and thow some cash at you upfront for signing a agreement to buy the crop but I don't know what the alternate bearing looks like on Cherries in Washington and the brokers may not be willing to pay upfront in that area... or a upfront lease payment from the renter...
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14 July 2024 | 6 replies
If they want to be in early, they should start paying early and have a signed agreement covering that time period.
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14 July 2024 | 7 replies
We have a holding deposit/agreement in place and the lease is already signed and prorated rent paid.
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14 July 2024 | 11 replies
Ensure they have robust risk assessment protocols in place.Ask how they assess borrower creditworthiness and property value.Examine Legal Documentation:Carefully review all legal documents, including loan agreements, investment agreements, and any other contracts you will be required to sign.Consider having a legal professional review these documents to ensure your interests are protected.Request References and Testimonials:Ask for references from other investors who have worked with the firm.
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14 July 2024 | 5 replies
Is there specific language I could look for in the lease agreement that would let me know if that is the case?
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14 July 2024 | 3 replies
Should we draft an addendum to the normal PM agreement?