ACTUAL - Purchase Agreement/Offer

ACTUAL - Purchase Agreement/Offer

This is an actual purchase agreement/offer that has been completely filled out. This one was prepared by the realtor with my specs. I dont use the simple one because I have found the dont really work for me unless I am presenting them to an owner directly for owner financing deals. In that case the simple the better.

I hope this helps.

__________________

Anita
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TWITTER - anitarny / FACEBOOK - anitarny

"FAILURE IS NOT AN OPTION"


Earnest Money

So, from what can gather, it seems that when using the standard California purchase agreement my only escape clause is to hold off signing it once it is accepted and holding the earnest money check until my buyer says yes.

Is that correct?

Regards,

Ben


ASSIGMENT IN IDAHO

I AM LOOKING FOR SOMEONE WHO MADE ASSIGMENT IN IDAHO,I WOULD LIKE TO WORK TOGETHER,AND I NEED TO KNOW HOW TO FILL THIS CONTRACT,PURCHASE SALE AGREEMENT,IN THIS CASE TO ASSIGMENT THE SELL 2 LOTS.CALL ME 2087218194 THANKS.IF YOU KNOW REAL ESTATE ATTORNEY WHO HAS EXPERIENCE IN ASSIGMENT AND CLOSING,IN JEROME IDAHO,PLEASE CALL ME 2087218194


ASSIGMENT

I AM LOKING FOR FOR SOMEONE WHO HAS EXPERIENCE DOING ASSIGMENT IN IDAHO;I NEED TO KNOW HOW TO FILL THE PURCHASE AND SALE AGREEMENT OR AGREEMENT TO PURCHASE,AND KNOW ABOUT THE CLOSING,PLEASE CALL ME 2087218194.RIGHT NOW I HAVE 1 LOT FOR ASSIGMENT AND THIS LOT HAS 1 HOUSE ON IT THAT NEED TO BE TURN DOWN,IN THIS CASE I NEED TO FILL THE PROPERTY DISCLOSURE NOTICES FORM BECAUSE THE OWNER WANTS TO SELL AS LOT.


Hi Anita

I was wondering can you Assign a Contract on a FSBO Properties or is it just on Foreclosures or PRE Foreclosures? because I have found a lot of properties around where I live at in FL and I know one of them after being remodeled and being lakefront property w/ a underground pool will easily sell for a massive profit. My self I am just getting started into investing and haven't done any deals yet since I just finished reading "profit from real estate now" around a week ago; And any advice will be helpful Thank You

Jason

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Never Give Up On Your Dreams


You can assign anything as

You can assign anything as long as the offer is accepted, but unless you get the property for at least 30% off FMV (probably higher) it could be difficult to find a person to assign the property to.

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Success and Nothing Less!


Thank You I Appreciate it;

Thank You I Appreciate it; Because I am ready to get the ball rolling on doing investment deals.

Jason

__________________

Never Give Up On Your Dreams


Thanks Anita, thats a good

Thanks Anita, thats a good example to keep on my records as a reminder of how everything needs to be filled out. I find this site a great help to getting back into real estate investing after a 1 year absence and lots of unneeded straggling.
Thanks again.
CAM-

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John 14:6


Assistance Please

Hi, I am a newbie and found my first house to assign in DC. It is currently vacant and needs extensive rehabbing, but I have an investor online. I just want to make sure that I do not "burn" myself as far as the documents are concerned. What contracts do I use? I have downloaded the Offer to purchase Real estate from the DG site. From this it appear that I am bound to buy the property. Is this the right document?
I also downloaded the assignment of real estate purchase and sale agreement. Do I need both agreements signed? Sorry but I am very confused at this time and really need some clarity.
I will have them checked by an attorney before I submit, but do not want to redo them as this will cost a lot of money.

I will appreciate any help I can get.

Thanks

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Lee van der Heyde
ftmyers-realestate.biz


Does everything still apply?

Hi Anitamy:

I have been reading your entry. I find it very insightful. Could you please be my mentor? One question I have is how do thes practices work in todays market?


Assign A Short Sale/REO??

Can you assign a short sale agreement (after the bank has accepted your offer?) and what about REO???? I think I'm missing a piece of the pie on this.

Destrie

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Destrie

Failure Is Not An Option


Contracts

Does anyone know if you can use the sale agreement forms on this site in California. This would be between me and the seller only.

Thanks for any help...


getting answers

I'm new here, excited about possibilities and skepticle about everything too. Yes, I want to get going for real.
Here I see a lot of questions going unanswered. Are you folks getting help and answers to your questions ?
Do you have to be signed up in the real estate academy to get help and answers ?
Are people getting the support, help, and answers they need here or is that reserved for the folks who pay the big bucks to enter additional programs, and are THEY getting the support, help, and answers they need.
I see no good answers here.

I'm really trying to understand how Deans program and website work before I jump in with additional money.

Who do you go to for answers ?

__________________

Ephesians 2:8-9 , For by grace we are saved through faith, and not of yourselves: it is the gift of God. Not of works, least anyone should boast.


1st property offer

Hello,

I recently looked at a foreclosure listed at 43,500 on the MLS. It lists for 40,000 on the foreclosure site. My question is this: The lower part was flooded out last year and is now totally gutted. It looks like there might be structural damage on one of the walls. How can I word a contingency that would allow me so many days after acceptance of offer to get the structure examined? I would also like a well/septic test done.

I would like to avoid paying for these tests out of pocket before I get an accepted offer. I also have to worry that the offer will get accepted, then find out there is structural damage. Any suggestions?

This is my first post, and I would like to thank you in advance for your help. This site is great!


Anitarny

I just want to make sure that im using the right documents when im in front of the owners. What contracts do I use? I have downloaded the Offer to purchase Real estate from the DG site. From this it appear that I am bound to buy the property. Is this the right document?
I also downloaded the assignment of real estate purchase and sale agreement. Do I need both agreements signed? please i need some help from anyone.

__________________

frankie


confused in Pa

Hi Anita My name is Sabrina and ive just begun to try and get all this info into my head but i am so scared to try because the books are confusing to me especially those contracts could you give me some insight on them please. I don't know where to start.

thanks
confused in PA


PA printout good for me too!

Thanks Anita for your help. Seeing a real PA makes this new RE thing even more real to me!


Assigning to

GREAT INFO ... thanks for sharing this with us. When you assigned that Purchase and Sale CONTRACT, did you have a lawyer review and revised the Assignment Agreement? Thanks in advance.

Marcus


FSBO offer

When making an offer on FSBO deals, do you normally use an agent. Thanks in advance.


To who ever reads this and

To who ever reads this and knows the answer.

When you make an offer, verbally, email, etc.; do you or your agent make the offers? I am willing, and almost want to myself because I feel I can explain why and how I came to that offer price rather than having someone just put a number out there when people will just get mad about it because there is no explaination. I am just curious. I have been having my agent put the offers in, but I am needing to know this. Thanks for all the information on this and all the other posts everyone.

Richard
Bothell, WA

__________________

Know what truely matters in life, consume yourself with that, and you shall never be disappointed, afraid, or alone. Give your gratitude always, give respect to everyone, and you shall never be anything less than what matters the most. Give praise to the Lord, forgive yourself and others, and with all of this together you will get a taste of what heavens lie ahead.


IT depends

If the property is listed thought the Agent you probably should go though them If its not listed i would definitely want to do the offer myself so I could explain why.

Randy

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www.adeptpropertiesllc.com


TRYING TO FIND

ANYONE IN MD THAT HAS DONE DEALS ALREADY, AND WOULD NOT MIND MENTORING/GUIDING ME TO MY FIRST DEAL, I WOULD REALLY APPRECIATE IT. I'VE READ ALL OF DEANS BOOKS AND HAVE BEEN TO SEVERAL SEMINARS AND HAVE READ DAYS/WEEKS WORTH OF REAL ESTATE INVESTING/PROFITING. I'M REALLY FEELING STUCK IN A RUT AS FAR AS GETTING THE FIRST DEAL UNDER CONTRACT. I DON'T MEAN TO SOUND NEGATIVE BUT IT IS FRUSTRATING TO FEEL LIKE I SHOULD AT LEAST 1 DEAL UNDER MY BELT, AND OF ALL THE HRS/DAYS/WEEKS/MONTHS I'VE PUT IN SO FAR, I FIND MYSELF STILL ON THE FIRST STEPPING STONE WEARING LEAD BOOTS ! SO...IF THERE IS ANYONE IN MD OR THE USA THAT COULD FIND THE TIME TO AT LEAST REPLY TO THIS POST WITH SOME ASSISTANCE IT WOULD BE GREATLY APPRECIATED. AND MAY EVERYONE WHO ALREADY HAS THE BALL ROLLING, MAY YOU HAVE CONTINUES SUCCESS IN YOUR REAL ESTATE JOURNEY.


Maryland contracts

Hi Ontel,

I just read this entire forum topic, going back to the top of the first page, as well as the one at the top of "contracts and offers" entitled "are assignments legal in my state?" A few people have posted very helpful info related to maryland, and contracts in general.

What I have gathered is that assigning is a legal process, don't let anyone tell you it isn't, and in maryland, what we need to do is take Dean's sample contracts to an attorney that specializes in real estate, has handled assignments before (and doesn't charge an exorbitant fee- some don't) to add any addendums that are appropriate for our state.

Also, Anita (above) suggested that, once we find a real estate agent that works well with investors (Dean teaches us how to do that in the Profit Right Now book), have them print out a blank contract that they use.

We're both in the same shoes, learning as we go along. I'll share any more info I find out. Sorry if you knew all this stuff already. I just get excited when I see someone on this site that's from Maryland!

Best of success!

Angie

__________________

"Nothing in the world can take the place of persistence. Talent will not. Nothing is more common than unsuccessful men with talent. Genius will not. Unrewarded genius is almost a proverb. Education will not. The world is full of educated derelicts. Persistence and determination alone are omnipitent." --Calvin Coolidge

My Journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/45893/...


presenting an offer

Thanks Rina ,
I was just wondering if its ok to agree to RE on the $500 as EM and also whether I have to pay it before the offer is accepted or after.
Your explanation is very helpful.

But one thing though!
:- Can offer be made to the bank through RE without paying any earnest money at all?
Anybody experience such a thing ??


Thanks

I am here everyday. sometimes I make a comment.Today I have to say a special thanks to Anita who take this time out of her busy schedule to deliver yet another gold to us . I am including Rina as well you both know I always admire your strength and selfless gifts on this site. Anita, and Rina god will continue to bless you THANKS AGAIN .
Veronica


Calculating Assignment Fees

hello I am a newbie to real estate and now also to this site. I must say from what I have already read it is very helpful and its members are very insightful and willing to help

I have a question as to assignment of contracts, I am about to lock up a purchase agreement however do not know how to calculate the assignment fee. Is there a formula that is used once a FMV has already been determined? can someone provide me with an example?
Also if there are any investors looking for investment properties or a property locator in Florida, please feel free to contact me Angel Roche 786-512-4375


contract

Hi Anita I am about to close a deal. please explain to me the procedure after the buyer has sign the contract.Thanks


questions

I'm so happy that everyone else has the same questions swimming in my head!

__________________

"Strong Body, Strong Mind"


HELP!

Can someone help me? I'm trying to find an attorney in VA who can review my forms to make sure that I am using the correct ones to make assignment offers. So far, I have been told by one that I can only make assignment offers to the banks directly as short sales have clauses in them that will not allow me to assign the property to an investor. The forms I have are from Dean's book(s) but, I can't find any one here who can help me! I'm totally frustrated, I've been busting my buns in finding my investors, getting everything set up, website, etc. all I need is the ok to use the forms here and find a REA who can close these types of transactions. I have two hungry buyers waiting on me. Can someone help me? Please....

__________________

Susan Roberts
"We can make a living or we can design a life." Jim Rohn


Oh great one! :)

The Great One has spoken, and Rina I know Ill take your advise any time !

Steve

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Steve

We seldom get what we want, but we will always get what we expect.


IEE's

I'm very confused as to which forms are needed and in what order. Can someone help, please!! I am a newbie, but very determined to be one of Dean's success stories.


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