Hello everyone,My partners and I have just over 100 RTO or lease option properties under management. We are constantly looking for ways to improve our process for a better experience for both us and our clients. I was...

So I have read you must give a deposit in Florida to make a contract legally binding. Is this true and if so does anyone know the minimum amount?

For private sales is it reasonable to have the earnest money amount be something between $10 and $1000? And I assume for REOs and short sales it would be greater?Does it raise a red flag to the seller if I offer only...

So me and the father in law just had a discussion about putting a house under a sales contract. Originally i had in my contract that there would be a exchange of money as a holding to be legal. So my attorney here in ...

preparing to make offer on an out of state property and unsure about how to word/handle financing and inspection contingency clauses. I want to protect myself in the event I can't find decent financing (asking $1.2M) ...

I want to begin by saying that I do not recommend just ANYONE doing this, and my story is based in Florida and what we are able to do here....with that said, here's how our deal went down.I was contacted by a seller w...

And if it's not required, what % of the time would you say that you do give an earnest money deposit?

Also, can I have a provision on my contract that says "If left blank, then no earnest money is due" or something t...

I've done some wholesaling and have done it face to face. When signing the contract I just hand the seller the handmoney. (I use $1) In my state, and I think this is true in all states, you need to put up consideratio...

Would I have to submit an earnest money deposit on an option to buy contract? Does it work like a Purchase agreement?

What happens if a sign a purchase agreement with no contingencies (“forced” to close within 7 days) and can’t buy the house in the end?