![]() | |
![]() | |
![]() |
Real Estate Information |
|
![]() |
Real Estate Investing Contracts on Toilet Paper
Even if your real estate contract has been written on toilet paper, it's valid. Content of your real estate investing contract is what's important. Your financial destiny in real estate investing is sealed BEFORE you walk into a real estate closing as a buyer. You have set inconcrete your profit (or loss) before you turn the door knob to enter the office of your attorney or title company at closing. The payoff of the transaction under anticipation is predetermined when the contract is signed between you as the buyer and the other party who is the seller. The interpretation of these cold, hard words is that you must recognize the importance of the real estate contract that ties together the property transaction. Your contract contains implications for determining profits in advance. When we strike a deal in real estate investing, we usually just reach for some pre-printed contract form that came from a real estate office or stationary store. We usually forfeit many of our closing rights to some stranger who put together traditional jargon and processes without recognizing that we ourselves have the right to charter this course. Subjecting ourselves to legalese of an attorney who may not even be a real estate investor nor own more than his own home is the pattern followed by most who purchase and sell real estate. The first order of business in writing contracts is understanding that any sale or purchase of property is negotiable. While the payment of certain closing costs may be customary or traditional for the buyer and the seller, we are not bound by this protocol. Without differing specification in your contract to dictate your personal direction, the closing agent simply resorts to customary convention. But by understanding your rights as buyer or seller of real estate property, you can actually INCREASE your profits on a transaction by the wording of your contract. However, these settlement terms must be in writing on your contract in advance of the closing. Otherwise, potential profits fly out the window. One of the most euphoric feelings I have ever experienced in this business of real estate investing was walking out of a closing with a check payable to me for $75,000 on a package of a few cheap real estate properties! As with anyone, I had a use for that cash! But those profits were dictated on my special personal contract in advance of closing. Much more cash at closing is available to real estate investors who take control of the options available by independently choosing wording in the content of their own purchase contract and sales contract. This choice is readily available to the real estate investing professional who understands these rights and applies them in the construction of a personal contract. The suggestion in this article is not legal advice but encouragement to take advantage of an opportunity available in real estate investing. This suggestion is not encouragement to become greedy with legal rights but to give notification that negotiation is available over the dictates of closing costs. Sometimes transactions are profitable only when these considerations are understood. Phil Speer, Ph.D., started his real estate investing career 25 years ago. Without the availability of credit and using only a $10 bill, he purchased $1 million in properties in his first year, and had accumulated $10 million in properties by his fourth year. http://www.CashinHouses.com/ He was featured in a Wall St.Journal editorial as most successful investor in the Nothing Down Real Estate Movement, and was honored with a Caribbean cruise as top investor of the year. In his hometown of Nashville, Tennessee, he has been a businessman and Human Resources Consultant for 30 years. He is an author, speaker and seminar director. To learn how to profit in real estate investing, even without cash or credit, read his report at http://www.RealEstate-Investing.net/business/flipping.html/ Subscription is free to his Fix-up Ezine. He and other contributing authors provide free articles and resources on real estate investing at his online "Academy of Advanced Real Estate Investing Techniques" at http://www.AAREIT.com/
MORE RESOURCES: The dreaded Zillow ban is finally here. Here's what you can do Business Insider Angela Oakley Says Husband Charles Won't Fund Real Estate Ventures After She Lost Millions People.com Zillow’s now enforcing its listings ban: 3 things to know - Real Estate News by RealEstateNews.com Zillow’s now enforcing its listings ban: 3 things to know Real Estate News by RealEstateNews.com Colorado mountain town real estate markets see surge of new listings, price drops — but is it a buyer’s market? SummitDaily.com Real estate transfers in Adams County from June 16-20, 2025 Muddy River News NEUBERGER BERMAN REAL ESTATE SECURITIES INCOME FUND ANNOUNCES DECLARATION OF REGULAR MONTHLY DISTRIBUTION PR Newswire Unlocking Japan's Dormant Real Estate Potential: Marubeni and Dai-ichi Life's Bold Venture - AInvest Here are businesses on the move in Marin, Solano and Sonoma counties The North Bay Business Journal The Flathead’s Frozen Real Estate Market Begins to Thaw Flathead Beacon 'Keep it moving': HGTV cancels TV show hosted by Georgia couple after 4 seasons Savannah Morning News The Face of Real Estate in West Sonoma County pacificsun.com Zillow readies for battle with Compass Real Estate News by RealEstateNews.com Real Estate Transactions, June 30 edition Hopkinton Independent Logistics and warehousing dominate Lehigh Valley commercial real estate market Lehigh Valley Business Nuveen: Leading the way in a changing real estate market Private Equity Real Estate | PERE Texas Employees commits $483 million to real estate, private equity, infrastructure Pensions & Investments Two local real-estate firms merge to form Venture Fox Realty Group The Altamont Enterprise Seattle City Employees slates €60 million for European real estate fund Pensions & Investments Real Estate Transfers: June 30, 2025 The Owensboro Times Real Estate: June 16 to June 20 Newport This Week Egypt Sherrod Shares Heartbreaking News About HGTV's 'Married to Real Estate' Country Living Magazine Brooks Ballard International Real Estate Celebrates Transition, LGBTQ+ Owned Business of the Year Award Recognition Business Wire Crow Holdings Capital: Specialty real estate surges as investors chase demographic-driven demand Private Equity Real Estate | PERE AXA IM names real estate heads for North America and Asia-Pacific Pensions & Investments Rockpoint: Back to basics: Real estate’s next chapter will demand local insight Private Equity Real Estate | PERE LaSalle on real estate: the world’s simplest, most complicated asset class Private Equity Real Estate | PERE From lakefront real estate to iconic property ownership, Okoboji native helps lead region into the future SiouxFalls.Business Hyatt to Sell Playa’s Real Estate Portfolio Daily Lodging Report Rosa Hawes, trailblazing Dayton real estate pioneer, civil rights advocate, dies at 94 Dayton Daily News Deadline For Paying Real Estate Taxes At Face Amount ButlerRadio.com In a gridlocked market, it’s time to take assumable loans seriously Real Estate News by RealEstateNews.com NMPERA reveals $20m additional commitment to real estate fund Private Equity Real Estate | PERE Real estate tax deadline today Butler Eagle VPIC receives recommendation to commit $50m to real estate Private Equity Real Estate | PERE Buyers and sellers win in this unique real estate market in the Valley Wet Mountain Tribune A Long, Winding Path to Selling Real Estate in the Hudson Valley The New York Times Hyatt to offload Playa real estate, remain operator HOTELS Magazine Neuberger Berman Real Estate Fund Maintains Steady Monthly Income With $0.0312 July Distribution Stock Titan Amanda Carter: Premier Hervey Bay Real Estate Agent Redefining Client Success and Community Engagement GlobeNewswire The Best Real Estate Agent in Douglas Lake: Katelyn Warren ACCESS Newswire Radio Real Estate 6/28/25 My Bellingham Now Mansion in The Ridges hits the market for $9.8 M Las Vegas Review-Journal BidMax Launches 0% Commission AI-Powered Real Estate Service to Support South Florida Condo and Homeowner Associations Business Wire Form 424B3 Forum Real Estate Income StreetInsider Jewish real-estate investors look to Israel amid Mamdani victory The Jerusalem Post Chicago-based developer building community in Katy area as part of multicity effort The Business Journals Major Last-Mile Deal: Town Lane Acquires Massive 2.7M SF Industrial Portfolio in High-Growth Raleigh Market Stock Titan King & Spalding Hires Colby Jenkins as Real Estate Partner Bloomberg Law News Apple spends $517 million on Bay Area real estate in a single week San Francisco Chronicle ENTER-TV-MARRIED-REAL-ESTATE-CANCELED-MCT timesdaily.com |
![]() |
![]() |
![]() |
RELATED ARTICLES
What We Do To Sell Your Property! Once you have contracted us to sell your property we go to work for you to bring you the most money and best price for your property as quickly as possible. Some properties are faster selling than others based on the location, condition, size, price, of course, and type of the property. Investing in Real Estate Like a Stock A REAL ESTATE STOCK PLANGetting out of the bleachers and into the game!This report is going to explain or attempt to give the stock market investors a basic one-on-one interview with a real estate portfolio manager who has consistently made a profit on 100% of the investment products that were actively chosen and managed. Never a loss, always tax advantaged and sheltered. Buyers Closing Cost Buyers, borrower, closing costs can be divided into two categories. Nonrecurring closing cost and recurring closing cost. Are You Tired of Tenants, Toilets, and Trash? Wouldn't you rather go to Tahiti? Are you a landlord with rental property whose value has significantly appreciated? Are you ready to cash in those profits and take that trip to Tahiti?Before selling your property, check with your accountant whowill tell you that you will be paying $60,000 in CapitalGains Tax to Uncle Sam. Your accountant will also tell youthat adding another $20,000 to your income by that sale iscalled recaptured depreciation. Odors Can Make or Break The Sale of Your Home It's amazing how important the sense of smell is to many people. If you're selling your home, and this applies across the board to houses, townhouses, condos, apartments, or whatever, you need to be aware of the power of odors. Budgeting Your Log Home: Where Do You Start? The Log home industry has matured these last many years, but there is still a lot of confusion about how much a log home costs. Naturally, everyone wants to know the cost of the log package; however, the budgeting only starts here. Is It Wise to Take My Home Off the Market for the Holidays? Let's say you've had your home on the market for many months without a sale. The holidays are drawing near. Zero Down Real Estate Investing Zero down? Why would a seller want to walk away from closing with nothing? Well, they wouldn't, and that brings up the most important point about real estate investing with no downpayment: The seller almost always needs cash at closing, but it doesn't have to be YOUR cash.A Zero Down ExampleI'm selling a small rental property right now, with payments of $400/month. The Real Estate Bubble-When Will it Burst? More and more individuals are realizing that real estate is much safer, and a better return on investment than many traditional investment vehicles. Unlike stocks or bonds, real estate investments can usually be liquidated in order for the investor to access funds in far less time. How To Find An Experienced Monticello Illinois Realtor Finding a professional Monticello Realtor in Illinois is thebest way to find the perfect property or home. A licensedrealtor can assist you in locating the type of property youwant in the price range you desire. 7 Marketing Methods for Real Estate Coaches You shower, shampoo, dress your best, check to see if you have plenty of business cards, drive about an hour, introduce yourself by saying "Hi, I'm Mary and I'm a coach" and the other person says, "Hi, I'm Jack and I'm a coach, too!". You meet more coaches than you knew existed. Why Not To Invest In Bulgarian Property According to research carried out by the Thomson Group, owning a property abroad is now the ambition of over 50% of the British population. Not surprisingly Spain and Cyprus remain the most popular destinations for second home buyers while countries like France, Italy and Portugal continue to grab their fair share of the property investment gold rush!While the usual suspects will always attract the more cautious, risk aversive investor, the most recent generation of property investors can't seem to get enough of what our Eastern European neighbours have to offer. Purchasing Property With No Money Down: My Personal Experience Have you ever seen those infomercials about buying houses with "No Money Down?" They are really well done. They have all kinds of people offering great testimonials about how they have gotten rich, buying rental properties, with absolutely no money out of their pocket. What to Look Out For When Buying Off Plan Buying Off PlanIt can be difficult to decide when every deal seems to be not to be missed!There are some key things I look for when buying off plan, whether it's in the UK or abroad it makes no difference.The property must be good value now ie it compares favourably with similar properties today, and is not based on properties going up in value 10% each of next 2-3 years. How To Increase Your Homes Selling Price by $3,306.75 In The Next 33 Days According to the Federal Housing Finance Board:.. Lake Havasu Real Estate Lake Havasu real estate is a hot commodity. With surrounding attractions such as the London Bridge, English Village, Mohave Desert, and Lake Havasu, it's no wonder that the place has become a popular place to live. Investing In Real Estate Investors With the never-ending changes in our Real Estate Markets real estate professionals are starting to pay attention to the sound of new commission streams of income. Some realtors have either shied away or ran-away from such terms as "Cap Rate," & "Cash-on-Cash Returns. Hiring A Contractor - 10 Mistakes To Avoid A very smart attorney I know paid $7,000 for a roof repair, only to have the roof leak the next time it rained. The contractor stalled, made excuses, but never did a thing about it. Inspecting Your New Home - 17 Areas You Must Inspect Before Taking Possession Congratulations! You've made your decision; you've chosen your new home and your builder. So what needs to happen next? Once you have a firm contract and you have selected the features that will go into your new home, it is time for the builder to turn your dream into reality. Preparing To Make A Zero Down Offer I'm going to focus on the Seller of a hypothetical property you have found and the offer that you are going to make. You want to write it so it has a reasonable chance of being accepted. ![]() |
home | site map |
© 2006 TIGER MEDIA |