Contracts! Contracts!! Contracts!!!

You can use the contracts that Dean provides on this site, go to the left side of the screen and click on forms and docs. You might can use your agents contract but your agent might have their company on the header of the first page. Deans contracts are really simple and I use them myself when I do my deals.

Thanks Reynold

prefer to have an RE attorney make sure everything is legit in their state just to be safe. Others have just used the contracts and seems to be okay. You have some risk if you don't check the contracts out with your attorney. And remember, FSBO you can use contracts on here and and have an attorney check them out, or have them draft new ones. For MLS properties where you need the POF you mentioned before with realtors, then they have contracts, so you don't then need to worry about a contract. Tammy BEst Wishes!!

I prefer to use the standard contract used by real estate agents. I just adjust it by removing statements that make it look like I am an agent. I prefer this route because the form is state specific and has the legal jargon to protect both parties. You can get one by submitting an offer through a real estate agent. LOL

Ok, how about this... If you use the agent's contract, most of them don't have the and/or assignee on them. Does that mean you have no other choice but do double close? I am understanding these agents are resistant to having that on their contracts. I know you can create your own with FSBO's and off bandit signs...

Thanks

If you use an agents contract the state contract, you can put whatever contingencies or terms you want whether you are offering a prop on the MLS or fsbo off market props. I have my agents prepare offers for me on state contracts like tammy says & the gentlemen above to protect myself & it be legit & I put what I want in it, if I want and/or assigns I do that, if I want a 30 day close 10 day inspection etc, offer expires in 3 days for example.

Agents wont tell you they don't like and/or assigns, who don't allow and/or assigns are banks so no REO's, HUD, Fanny Mae & Freddie Mac or govt props, they wont accept them. Sometimes some sellers wont either, rarely & if they tell you that then yes you have to double close or sell your LLC or add your buyer to the contract, or something else.

God bless.