Sunday, May 31, 2015
Step 10 - Contracting to sell
Once a buyer says he wants it, use the attached
assignment contract.
(click here to download our assignment contract)
Here are the steps:
1. Meet the buyer in-person. Do NOT send any
contracts to him. If he asks you to send him
the contracts, he’s not a serious buyer. But,
more likely, a wholesaler who is going to try
to bird dog our deal.
2. Bring one copy of the original purchase contract
with the seller. And, bring two blank assignment
contracts (attached). Make sure you know how
to fill them out. Then, delete the text in yellow.
Now print out two copies.
3. Fill them out at the meeting with the buyer. Each
of you signs both. He keeps the one copy of the
original purchase contract. You take with you the
original assignment contract, and a non-refundable
deposit check, made out to the title company.
4. Deliver the original purchase contract and the
original assignment contract to the title company.
Make sure they have both of our addresses. Mine
is: 123 Main St., Anytown, CA 45011. Instruct
the rep of the profit split and have them cut each
of us our check, individually.
5. Give the title rep the contact information for both
the seller and buyer. And, instruct him or her to
keep you abreast of the closing date, and any
issues that come up.
Talk to you soon,
Jason Lucchesi and Matt Andrews
Creators, www.GetOnTheInside.com
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