| Today, I want to talk about the contract I use to do | | | | is different but I have never been challenged on my |
| my real estate flipping. | | | | contract. |
| I use a one page contract. The reason that I do is | | | | Now, when I am dealing with my buyer which in |
| because most people that sell their property, | | | | most cases is my investor they will use their own |
| whether it is the actual home they are living in or the | | | | contract and a lot of times it is a standard realtors |
| property they own, most people are going to | | | | contract in the particular state that you're in but in |
| probably do between 2 - 3 real estate transactions in | | | | most cases their ok with my one page contract |
| their lifetime. | | | | because these guys know its not brain surgery either |
| Some do more but a lot of people are not familiar | | | | they know they only they can do is flip this house or |
| with how the real estate process works unless they | | | | not flip this house. |
| are actually in the business and do it everyday. | | | | If you want a copy of the contract that I use you |
| Normally, realtor contracts are at least 8 or 9 pages | | | | can simply send me an email using the methods |
| or more, probably ten actually and that seems to be | | | | below and I can send you a copy. |
| intimidating, there is lots of stuff you have to explain. | | | | Also, with the contract make sure that you always |
| House flipping is not brain surgery. | | | | include the verbiage "property sold as is" this is one |
| The one page contract will explain everything | | | | of the little known negotiating tools you should |
| regarding earnest money, seller / buyer, the dates as | | | | always use. |
| far as assignments, titles, closing cost, when you are | | | | You can get an inspection of the property but the |
| going to close and a signature. There a few more | | | | reason you are getting the property at such a great |
| things on there, but just the basic stuff. | | | | price in most cases something is that something is |
| Now, of course I am not an attorney and each state | | | | wrong with it. |