Either way there's a predetermined way out and period of partnership that's appealing.

That being said I paid $5k over my predetermined "max price" :)

There's a good chance one of you will want out of the deal before the other one is ready or before the predetermined time and if you have a pre-planned solution then it eliminates all kinds of headaches between members.

Then sell the note at a predetermined discount to a note buyer. you're happy, they're happy.TTFN,Greg

You do this so you do not steer your research to a predetermined conclusion.

I would do a certain number of site visits per week, handle all contractor bids and calls, keep to a predetermined schedule and budget, etc.

We can either buy it at pre determined price, or if that does not work we can list it for them.This consulting approach puts us in position of capitalize on the leads more and the consumers are totally loving having options.So the key, get the phone ringing, do it consistently, and capitalize on leads in multiple ways.Hope that helps. 

It basically says that you have until some predetermined future date to purchase the house at a price that you both agree on today.  

If in prison, you can write and perhaps visit your target (if so inclined) on certain predetermined days, if not under disciplinary restrictions.

We are negotiating with ours for a predetermined punch budget to pay an outside party.