Happy Friday
Episode 577
Thanks for joining
Monday - share information on open houses
Tuesday - agent diner Tuesdays - bring your spouses
Show me your listings reminder
1. Accepting offers from non existing entity
Is your buyer putting an offer under an entity that doesn't exist?
Entity needs to be formed
You can reach out to title companies and get more information.
Make sure we validate the client and know what we are talking about and looking for.
2. Assignment contracts
are they legal? are they allowed?
What are assignment contracts? when you make a contract you can add Shana Acquisto and / or assignees
An investor purchased this and then can flip it and sell it before it closes.
It is fine, at least you understand them and are comfortable with them
Are they valid?
How to avoid getting burned
Protect the seller and you as an agent
Separate document , signed at closing with seller's approval
Real Estate Word of the Day:
- Co-borrower:An additional individual who is both obligated on the loan, and is on title to the property.
That's a wrap:
Accepting offers from non existing entities
Assignment contracts
Show me your listings reminder
Uploading ....