I brought everybody Michael Walter from taking action today, calm. In this video, I want to show you how to fill out your purchase agreement for your properties that you've negotiated and you're ready to buy. Then, you most likely are going to go ahead and wholesale these deals. So, I'm going to walk you through the process of filling out the paperwork and then get it to the title company. Here's your standard purchase and sales agreement made by and between Jo seller, whose address is this is the home you're buying, and Mike invest dork, hereinafter called the buyer, whose address is throw your address in there. The real property is described as the following, put the physical address that's 123 Main Street. Not for your purchase price, let's say we negotiate this deal to $10,000, so write in 10,000 and spell it out as well. Earnest money, buyer agrees to pay. On our contract, we put in 10 dollars as a refundable earnest money to be applied towards a purchase price upon closing of the property. Earnest money to be held by the buyer or title company or closing agent, so that makes it pretty easy on our end. Down here, we got property included in the purchase price. You could put anything you negotiate in here with the seller. I mean, if they want to throw in a lot more, you put that in here. You know we have all the fixtures, the fans, appliances if we negotiate that, anything the tool you agree to, that's where you'll put that in there. Over here, we have a few items we cover. You know consult an attorney with any questions on the contract inspection. Properties being sold as-is. Taxes, this could go to whatever you negotiate. Check out public...
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MT Contract for Sale & Purchase of Real Estate Form: What You Should Know
The following are the most commonly listed items for purchase agreements. However, there may be other items as well. Real Estate Purchase Agreement Template Form Description: Real estate purchase and sale contracts, which form the basis for a purchase or sale at law. Form Description: The purpose of this form is to enable a single individual to enter into real estate purchase agreements on behalf of all owners of real property in Montana. Property: The property to be purchased or sold includes all buildings, structures, improvements, improvements and land. The owner must reside in one or more of those properties at the time of execution of the contract. Written and signed by the individual. The Real Estate Purchase Agreement must be accepted by the Real Estate Board of Review (R.E.B.), at which a Real Estate Master can sign the contract. This is so the transaction is conducted in a certain manner. To make things simple, we've created and included our own Real Estate Purchase Agreement to make the contract process as easy as possible. The purchase agreement is only needed if the deal is to be done directly between two unrelated parties or if it involves multiple real estate transactions. Real Estate Purchase Agreement Template Contact LawDepot.com if you have any questions.
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