CONTRACTS - Editable

I had peeps asking about contracts so here they are

good list.

question for ya, the SELLER OPTION TO PURCHASE REAL ESTATE contract, what would you use that for typically? THE MAN OF YOUR DREAMS, SULLY. (hahaha,lol)

what would you use the BACK UP ADDENDUM for??, one more thing, how would you say YOUR forms compare to the ones that DEAN put up on this web site, i mean i copied BOTH but, i'm not sure why i would use one over the other? YOUR HERO,SULLY.

sully wrote:

question for ya, the SELLER OPTION TO PURCHASE REAL ESTATE contract, what would you use that for typically? THE MAN OF YOUR DREAMS, SULLY. (hahaha,lol)

ok man of my dreams...lol

There is no comparison to make. I just posted some of the docs that I use fr others to edit and make use of it they so choose to do so. The one's Dean have posted are just fine too.

the Contract to which the Addendum is attached (the "Back-Up Contract") is binding upon execution by the parties, and the earnest money and any Option Fee must be paid as provided in the Back-Up Contract. The Back-Up Contract is contingent upon the termination of a previous contract (the "First Contract") between Seller and Buyer for the sale of Property. Except as provided by this Addendum, neither party is required to perform under the Back-Up Contract while it is contingent upon the First Contract.

The Seller Option to Purchase can be used to spell out exactly how much of the monthly payment on the lease option will be going toward purchase and it also spells out the amount if any that the seller will be charging the buyer to exercise the option to purchase (option fee)

I just did an update TO THE LEASE OPTION. BUT IF YOU DOWNLOADED THE PRIOR VERSION PLEASE REPLACE WITH THIS ONE.

in case some of the newbies need them. But dont forget to check to the left of the page under forms and Docs for more.

Hi Anita
Was looking for contracts and saw this post put did not see the link for the updated Lease Option contract you mentioned. Can you send me the file or post a link
for the updated version.

Thanks a Bunch

Its the same one I just updated the one above and reloaded it so this is my most current but dont forget to change it to suit your own needs. Use this as a template if you will

You just save time and money for a lot of people in here. I go through my attorney, but i will definitely download your documents for review. Thank you so much for all the good deeds you have done and may God continue to bless you with more success.

Lloydsap

________________________

Knowledge without action is just a wish!

RINA!!!...lol

Got'em. Thanks!

for those that may not have seen this post here are some additional contracts for your use.

Miss Anita, I seriously dont know what we out here would do without you! Your a gem I hope you realize this!

Beth-A-Roni

Your San Francisco Treat!

I would like to have investors sign a contract with me regarding finder's fee.

I will be referring the investor to my Realtor for properties that are in short sale or ones that are listed with real estate and I want to make sure that I get paid.

How would I word a contract for a finder's fee? I figured that I would have each of my investors sign one when I begin working with them. That way when I send the info on a property I already have a contract on file that they signed.

Any suggestions?

something like a PROMISSORY NOTE type deal, of course you would need to list the terms of agreement too.

Thanks sooooo much for this. Seriously, thank you!

O.k. Sully give me one of your marvelous examples.

re-posted for those that need them

Hey Sully did you every do a contract for this type of deal.....Promissory Note. I agree with Carol, I have new and I would like to have some type of contract to have the sellers sign for my finders fee.

I'm another newbie at this and would like to see an example of a promissory note because I have no clue lol

SHAKING IN MY SHOES..BUT FINDING OUT A LOT. THOUGH I WOULD THANK ALL OF YOU UP FRONT.I WANT IT BAD AND I WILL MAKE IT HAPPEN!I`M SURE I`LL HAVE LOTS OF Q AND HOPE TO BE ABLE TO HELP OTHERS SOON..THANKS FOR THE INPUT ON THIS SIGHT..SUNSHINE

Does anyone know if colorado has any laws concerning the assignment of contracts. I have searched but can not find anything either way. I am imagining that there may be something that you have to get written permission from the seller first. Or does the contract take care of that when you check "this contract is assignable. Thanks

Could anyone please post a NC Agreement and/or Promissory Note that they actively use with investors when doing bird dogging, wholesaling or just requesting a finder's fee. I would like to see what you use and i'm certain many others would enjoy the knowledge too.
Mati

Pls see below. I have used this confidentiality/non-circumvent agreement with investors which I modify each time to amend my fee structure depending which investor I am trying to work with. I found this agmt in the threads and just modified to my liking. Feel free to do the same. You can also google non-circumvent agreements. I suppose you can google promissory notes as well.

After this agreement is signed by my investor, I sign and provide the investor with the exact property location. This way he can begin doing his/her due diligence. If they proceed and eventually close, I get paid.

Hope this helps.

Neil

Confidentiality Agreement

It is understood and agreed to that the below identified discloser of confidential information may provide certain information that is and must be kept confidential. To ensure the protection of such information, and to preserve any confidentiality necessary under patent and/or trade secret laws, it is agreed that

1. The Confidential Information to be disclosed can be described as and includes:
Property description(s), technical and business information relating to proprietary addresses, contact information, real estate information, ideas, drawings and/or illustrations, costs, profit and margin information, finances and financial projections, customers, clients, marketing, and current or future business plans and any other information relating to property leads supplied, regardless of whether such information is designated as “Confidential Information” at the time of its disclosure.

2. The Recipient agrees not to disclose the confidential information obtained from the discloser to anyone unless required to do so by law.

3. This Agreement states the entire agreement between the parties concerning the disclosure of Confidential Information. Any addition or modification to this Agreement must be made in writing and signed by the parties.

4. If any of the provisions of this Agreement are found to be unenforceable, the remainder shall be enforced as fully as possible and the unenforceable provision(s) shall be deemed modified to the limited extent required to permit enforcement of the Agreement as a whole.

5. The Recipient acknowledges and agrees that if he/she decides to pursue purchase of property to be provided, that Recipient cannot close on said property without paying fee disclosed in item 6.stated below.

6. Whereby the Recipient agrees to pay Discloser a fee based on the schedule below, contingent on property closing. After said agreement is signed, Discloser will provide Recipient with address of said property.

Referral fees

Purchase price up to $400K $12,000
Purchase price for $400K and higher $18,000

WHEREFORE, the parties acknowledge that they have read and understand this Agreement and voluntarily accept the duties and obligations set forth herein.
Recipient of Confidential Information:

Name (Print or Type):
Signature:
Date:
Discloser of Confidential Information:

Name (Print of Type):
Signature:
Date:

Address of Property _______________________________________

Its great to see others jump right in to help

I am putting in an offer to buy on contract for 1 year with the intent to fix up house and resale. Do you have a form for that?

For some reason when I try to open up the contracts it doesn't work... it is just a blank screen... all the other forms and docs I open work except for these for some reason. Could somebody let me know why that is happening? lol

repost

Hi guys, hope you all are having a great day! I have a question, I am trying to find the contract in DG website,"seller residential property disclosure statement" I cannot find it, any sugestions will help please, thank you.

Rey