Real Estate Investing Contracts on Toilet Paper > NetSparsh

Home
>
Real Estate
>
Real Estate Investing Contracts on Toilet Paper

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 in concrete 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.n et/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/

In The News:

MCA warns PMO, FinMin and RBI of credit stress in real estate sector Moneycontrol.comThe MCA expressed concerns over the sector's exposure to the NBFCs and HFCs, which is pegged at nearly Rs 1 lakh crore.

Size of real estate market to grow to $650 bn by 2040 from $120 bn now: Niti Aayog Moneycontrol.com"The government is committed not only to real estate sector but all aspects of it. The government is very conscious and cognisant of what happening in the sector ...

Anil Ambani looks to real estate assets, Jio deal to pay Ericsson dues India TodayBusiness tycoon Anil Ambani is planning to use a payment from his brother's company and the sale of real estate assets to pay what he owes to Sweden's ...

Modernizing Real Estate: The Property Tech Opportunity ForbesThree waves of tech companies have looked to modernize the real estate industry. But there's plenty of opportunity left.

A look at role of international collaborations in real estate sector Moneycontrol.comIndia's increasing demand for housing presents foreign developers with the opportunity of penetrating domestic markets through partnerships with local brands.

GST Council defers decision on tax on real estate; extends deadline for sales returns Economic TimesNew Delhi: The GST Council deferred a decision on rationalisation of tax rates for real estate and lotteries till February 24 when it will continue the discussion, ...

Godfrey Phillips to divest its stake in Gopal Krishna Infrastructure & Real Estate Moneycontrol.comGopal Krishna Infrastructure & Real Estate is a fully owned subsidiary of Unique Space Developers, a step-down subsidiary of Godfrey Phillips India.

Saudi Arabia asks India to allow foreign ownership in real estate Economic TimesNew Delhi: Saudi Arabia wants India to open up its real estate sector to foreign ownership, which will lead to investments of hundreds of millions of dollars in ...

Affordable housing giving push to real estate sales Business TodayWhile 32 per cent of total sales were in the affordable category in December FY16 quarter, the number has crossed the halfway mark now.

Warren Buffett’s only real-estate stock is a multi-bagger; here’s how much he made The Financial ExpressWarren Buffett's nearly 10% stake in Store Capital, his only real-estate stock, has turned out to be a multi-bagger, as the firm continues to grow at a robust pace.

Commercial Real Estate Executives Report Positive Q1 Market Conditions PRNewswireWASHINGTON, Feb. 22, 2019 /PRNewswire/ -- The Real Estate Roundtable's 2019 Q1 Sentiment Index released today reveals confidence from commercial real ...

Real Estate Investors Expecting the 20 Percent Tax Deduction Under the New Tax Law Might Be Disappointed Inc.More than 30 years ago, the tax law was changed to come down hard on passive investors by limiting the losses they could claim under the passive activity loss ...

IIFL’s Nirmal Jain Sees No Systemic Risk In India’s ‘Fragile’ Real Estate Sector BloombergQuintThe biggest risks to Indian realty might come from Mumbai, according to Nirmal Jain.

How Poetry Influences This Cofounder's Real Estate Startup ForbesFind out how this Somalian born engineer launched a tech startup and published his first book of poetry, with poetry influencing every bit of his tech work.

SBI real estate e-auction on Feb 27, over 1,000 commercial, residential properties on sale; how to participate Times NowNew Delhi: State Bank of India (SBI), India's largest bank by customers, is coming up with a real estate e-Auction on Wednesday, February 27, 2019, under ...

Real estate tops bankruptcy chart; construction, metals and textiles follow Business TodayOf the 1484 companies admitted for resolution under IBC, 612 are from the broader manufacturing sector, which includes metals, textiles, food and beverages ...

General Elections and the Real Estate Connection MoneylifeA new government with a clear majority raised optimism in 2014 Nearly 5.45 lakh units launched in the year and nearly 3.43 lakh units sold - previous year saw ...

Interview: Amit Goyal’s Take on The Real Estate Market & Why He Gives Importance to Sports Even Tod... News18For those who don't know him, Amit Goyal is the CEO of Sotheby's International Realty that serves the luxury real estate market. He is a seasoned real estate ...

Concierge Auctions Names Real Estate Industry Leaders To 2019 Agent Advisory Board PRNewswireNEW YORK, Feb. 22, 2019 /PRNewswire/ -- Concierge Auctions, the world record holder for luxury homes sold at auction, has announced appointees to its 2019 ...

Billions Of Ill Gotten Money Hid In Real Estate, Says Fia New VisionBiggest News Source for News in Uganda and the East African Region ,Breaking news in Uganda and Daily news and the latest from Uganda.

GST Council defers decision on tax on real estate ETRealty.comNEW DELHI: The GST Council on Wednesday deferred a decision on rationalisation of tax rates on real estate and lottery till February 24 as some ...

Blockchain's Impact on the Real Estate Market FinextraBlockchain is hard to ignore these days, as the technology is all around us, and it looks like we're...

B.C. real estate audits reveal widespread tax evasion Richmond NewsAfter reporting a record number of B.C. real estate audit assessments in 2018 – amounting to about $170 million – the Canada Revenue Agency is expected to ...

This week's top commercial real estate transactions | Real Estate Dallas NewsIllinois-based ML Realty Partners, has purchased of two multi-tenant industrial buildings totaling 205,471 square feet at 1144-1188 Quaker Street in Dallas.

A lower GST will lead to greater alignment in real estate: Rajnish Kumar Economic TimesA lowering of goods and services tax for under-construction houses would bring about greater alignment in the real estate sector, said SBI Chairman Rajnish ...

Greater Denver IREM Chapter to Host First National Real Estate and Cannabis Summit June 13 in Denver GlobeNewswireReal estate professionals from around the country will benefit from years of Colorado's legalized recreational cannabis experience to successfully manage ...

RCom looks to real estate assets, Jio deal to pay Ericsson dues Gadgets NowBusiness tycoon Anil Ambani is planning to use a payment from his brother's company and the sale of real estate assets to pay what he owes to Sweden's ...

Real Estate Investors are Missing Out on a Major Source of Passive Income EntrepreneurWith the cost of housing rising and people buying fewer homes, it's important to plan ahead. Real estate investors need to anticipate the next potential market ...

Lawyer wants to know if Greenville real estate developer researched date rape drugs Greenville NewsA judge decided to give law enforcement more time to examine a Greenville real estate developer's hard drives and computers to determine whether anything ...

Austin Based Real Estate Company Southwest Realty Advisors, LLC Affiliates With Century 21 Real Estate PRNewswireAUSTIN, Texas, Feb. 22, 2019 /PRNewswire/ -- Under the leadership of business owner Reed Coleman, Southwest Realty Advisors, LLC, an Austin-based ...

Crain's 2019 Notable Residential Real Estate Brokers Crain's Chicago BusinessThe 134 brokers on this list are among the Chicago area's highest-selling producers. Together, they form a cross section of the region's residential real estate ...

How healthy is western Washington’s real estate market? Economist weighs in Q13 News SeattleSEATTLE -- The real estate market is cooling in western Washington and across the country, but is that a bad thing? Not according to Windermere Real Estate's ...

Real estate stocks, GMR Infra, Nalco and YES Bank top stocks to track Business StandardAt 08:25 am, Nifty futures on the SGX traded 58 points or 0.55 per cent higher at 10,671.50, indicating a firm opening for the domestic stocks on Wednesday.

Renting v. buying in the Puget Sound real estate market Q13 News SeattleDespite a cooling of the market, the Puget Sound region remains one of the most expensive real estate markets in the country.

Real estate sector should form an internal self-regulation mechanism: Venkaiah Naidu Moneycontrol.comThe real estate sector has come under severe scrutiny from the apex court and consumer rights bodies due to some unethical practices followed by certain ...

RoC had no information about PAN of 95% real estate companies: CAG Economic TimesNearly 95 per cent of real estate companies registered with the Registrar of Companies (RoC) either do not have any permanent account number (PAN) or the ...

These Cofounders Want To Bring Back The 'Romance' Between Real Estate Agents And Clients ForbesBefore the advent of technology, a real estate agent could make money sitting in the office all day. A family would stop at the corner real estate office on their way ...

Italian real estate startup Casavo raises €7 million Tech.euMilan-based “instant buyer” real estate platform Casavo has landed €7 million in a funding round led by Project A Ventures. This capital injection brings the total ...

NCLT should inform real estate regulator before taking up a RERA registered case: Maharashtra RERA chief Moneycontrol.com"If RERA is able to resolve the matter within three to four months 'good', if not, then the NCLT can take it up," said Gautam Chatterjee. Vandana Ramnani @ ...

First automated real estate transaction in Vermont using cryptocurrency completed vtdigger.orgNews Release — Propy Feb. 19, 2019. Propy Completes First Automated Real Estate Transaction in Vermont Using Cryptocurrency ...

Sold: Search the latest Macon County real estate transfers Herald & ReviewDecatur. 1937 Dagmar Place, $50,000, estate of Frances E. Evans, deceased, to Kam E. Thompson and Corey A. Thompson. 822 W. Decatur Ave., $12,100 ...

Real estate sector is sleepwalking into trouble on builder debt The New Indian ExpressThe funding squeeze faced by Indian non-bank finance companies after the collapse of IL&FS Group in September has seen embattled firms.

Real Estate Agent Teaches How to 'Duffy' in Viral Video to Sell $45M Beach Mansion WSLS 10Is this the most outrageous way to sell a $45 million home? Real estate agent Tim Smith tapped rappers Smoove da General and Yung of Cali Swag District to ...

'It is a great time to buy' luxury real estate in Vancouver: report Daily HiveWith high inventory and price drops, a new report further affirms Metro Vancouver's luxury housing market's recent transition into a buyers' market.

After Florida, Arizona's Real Estate Market Will Be Hit Next By Global Warming CleanTechnicaNo yards, no golf courses, rutted roads, very expensive water and not being able to play outside at anything for most of the summer doesn't sound like a lot of ...

During housing's boom times, real estate agents made a killing Yahoo NewsSellers weren't the only ones who made a killing during the recent housing boom - real estate agents brought in $15 billion in 2017.

New York's expensive real estate market now straining for growth CGTN AmericaIn New York, one of the most expensive places to live, the real estate market is showing signs of growth strain.

Govt fails to initiate steps for implementation of Real Estate Regulation & Development Act Daily ExcelsiorEven basic step of establishing Authority not taken so far Promotion of sector in transparent manner remains distant dream Mohinder Verma JAMMU, Feb 20:

Disruption opens doors to real estate opportunities Seattle TimesA multidisciplinary education helps keep pace with the evolution of technologies and infrastructures around us.

Real-estate transactions: Feb. 22, 2019 Peoria Journal StarThese transactions, recorded the week of Feb. 11, are compiled from information on file with the respective counties. They represent sales of $78000 or more.

Ohio County Auditors to Explore Blockchain-Based Real Estate System CointelegraphNews. The County Auditors' Association of Ohio (CAAO) has announced the formation of a working group to study the use of blockchain for the effective transfer ...

Time to buy home? Real estate becomes more lucrative as affordability improves across India The Financial ExpressVery low affordability index, along with the prospect of home loans becoming further cheap and significant role that structural reforms are playing, investments in ...

Interim budget 2019: Decoding Piyush Goyal’s gift to homebuyers, real estate sector India TodayIn its interim budget, the government has proposed a number of tax sops that may lure people to buy a second house. It has also announced relief to real estate ...

Ones to Watch: Real Estate, Architecture, Engineering & Construction Long Island Business NewsOnes to Watch in Real Estate, Architecture, Engineering & Construction for February 22, 2019.

KKR Real Estate Finance (KREF) Q4 Earnings Miss Estimates Yahoo FinanceKKR Real Estate Finance (KREF) came out with quarterly earnings of $0.38 per share, missing the Zacks Consensus Estimate of $0.40 per share.

Century Real Estate Wins Consecutively for Its Projects and Social Responsibility Business Wire IndiaCentury Real Estate Holdings Pvt. Ltd (CREH) was recently awarded “Sustainable Project of the year” for Century Greens at ET Now Real Estate awards 2019.

Real estate transactions: Florida investor buys upscale Sugar Land apartment complex ChronCardone Capital, a real estate investment firm based in Aventura, Fla., has purchased the Stella at Riverstone, a 351-unit apartment complex at 4711 LJ ...

Commercial Observer To Launch Membership Product For Real Estate Professionals PRNewswireNEW YORK, Feb. 22, 2019 /PRNewswire/ -- Commercial Observer announces today that it has launched a membership offering for commercial real estate ...

Expensive real estate, high rentals make Mumbai lose start-ups The HinduAffordable co-working spaces, skilled tech talent hold key for city to succeed.

Houston's most deluxe real estate rentals, revealed KTRK-TVExplore the most deluxe rentals on the market in Houston.

Real estate agent's video stunt gets him noticed Stuff.co.nzReal estate agent goes to 'great depths' to get his listing noticed - it works.

Market trends: Why Burien and White Center could be the next real estate hotspots Q13 News SeattleA “massive” and unexpected increase in inventory last fall has led to a slowdown in the robust Puget Sound real estate market.

Local best buy real estate deal for week of Feb. 17 WECTA local realtor showcases a downtown home in the historic district considered a best buy.

Proposals of GoM panel on real estate may address homebuyers' input tax credit woes Moneycontrol.comThe recommendations are "aimed at reducing the impact of GST on the end-consumer and simplifying the compliance requirements of the developer. Vandana ...

CommonFloor Hosts CommonFloor Real-Estate Excellence Awards 2019 Business Wire IndiaCommonFloor, a platform that offers home seekers, sellers and real estate professionals an extensive online real estate ecosystem, today announced the ...

Real estate tax flap blossoms | News Walla Walla Union-BulletinThe Walla Walla City Council wants to be able to vote on increasing tax on real estate sales, drawing the ire of real-estate agents statewide.

List Leaders: Largest Twin Cities commercial real estate deals in 2018 Minneapolis / St. Paul Business JournalThe top three largest commercial real estate sales in 2018 were all in downtown Minneapolis.

Real Estate Credit Investments Declares 3.0 Pence... MorningstarLONDON (Alliance News) - Real Estate Credit Investments Ltd on Friday declared a second interim ...

Mark your calendars: These are NYC’s top real estate events next week The Real DealThese are the top NYC real estate events happening 2/25-3/4.

Prominent Greenville real estate developer in court for civil case amid sexual misconduct allegations FOX CarolinaGREENVILLE, SC (FOX Carolina) - A Greenville real estate developer appeared in court on Thursday for a civil suit that claims he raped a woman.

Budget 2019: Real estate benefits from populism; breather for builders and buyers Business TodayAcknowledging the slowdown in the real estate sector, the government's populist budget has outlined measures to ease fiscal burden of developers while ...

Real estate agent gunned down Times of IndiaPATNA: A real estate agent was allegedly gunned down by his cousin and an associate over a financial dispute at Patrakar Nagar here on Thursday. The youth ...

R.I. Real Estate Note: Point Judith Pond house sells for $1.4 million The Providence JournalA one-level house with a deep-water dock at 349 Winchester Drive, South Kingstown, recently sold for $1379000, according to RE/MAX Flagship, whose agent ...

Qatar's real estate market faces reality check ahead of World Cup Reuters IndiaQatar's Doha Tower, a spike-tipped cylinder that glows orange at night, won an award when finished in 2012 amid a Gulf-wide real estate boom, but today about ...

Loan default concerns loom large over real estate- Business News Business TodayCurrent leverage levels in real estate are not sustainable as developers have to increase sales by 2.5 times to be able to *service* the debt, which stood at over Rs ...

A $23 bn manager is betting on Indias struggling real estate sector Business StandardA Bahrain-based investment manager wants to fill a vacuum in lending to Indian property developers that have $18 billion of debt to repay, aiming to capitalise ...

Real Estate May Add 13% to India's GDP by 2025. Here are the Hurdles that Lie Ahead News18While the government has brought in laws such as Real Estate (Regulation and Development) Act, 2016, over 80 percent of consumers are of the view that there ...

GST tweak, industry status make up real estate sector’s budget wishlist Economic TimesMUMBAI: After being through the various structural changes and demand pressures over the past two years, the real estate sector is expecting the upcoming ...

Jonathan Keyser joins Forbes Real Estate Council AZ Big MediaForbes announced that Jonathan Keyser, founder of Keyser, has joined Forbes Real Estate Council, an invitation-only community for top executives in the real ...

Real Estate | News, Sports, Jobs Morning Journal NewsButler Township Neil Brown to TBR Investments LLC, home on Valley Road; $63000. Lower Elkton Properties LLC to Mark R. Schwingle and Brittany A. Skiba, ...

Manitowoc County real estate transfers and homes sold: Feb. 24, 2019 Herald Times ReporterTo determine the purchase price of the real estate, divide the transfer fee by 0.003. For example, a transfer fee of $250 would indicate a purchase price of ...

Hong Kong's pent-up property demand heralds price rebound The Business TimesTHE BUSINESS TIMES Real Estate - THE outlook for Hong Kong's property market, the world's least affordable, has started to firm with some analysts predicting ...

Dream Office Real Estate Investment Trust (DRETF) CEO Michael Cooper on Q4 2018 Results - Earnings Call Transcript Seeking AlphaDream Office Real Estate Investment Trust (OTC:DRETF) Q4 2018 Earnings Conference Call February 22, 2019 10:00 AM ET Company Participants Michael ...

This Quiet Beach Town Is Florida’s Next Real Estate Hot Spot Coastal LivingOnce tainted by a scruffy past, this small city on the Atlantic is being touted as the Sunshine State's next big luxury market.

Real Estate Report: Inventory up 10% from 2018 Marco NewsThe inventory of homes, lots and condos for sale on Marco Island totaled 1120, up 10 percent from a year ago.

Real Estate Watch: 401 Northland Avenue Buffalo RisingEvery once in a while we come across an awesome property, at a fair price. Therefore, we feel that it's our duty to showcase the property, in hopes that someone ...

Two more real estate investors, nine total, sentenced to prison for bid-rigging conspiracy WLOXTwo more real estate investors have been sentenced in their roles in a bid-rigging scheme, in violation of the U.S. antitrust laws, that involved real estate ...

Budgetary sops notwithstanding, demand revival in real estate remains elusive LivemintThe benchmark BSE Realty index, which was initially euphoric over the budgetary sops doled out to the housing sector, finally closed a mere 1.3% higher on ...

Eight Mistakes HNW Investors Make in CRE National Real Estate InvestorTrying to negotiate deals on their own and over-focusing on returns are among common mistakes hnw investors make when buying commercial assets.

How’s the real estate market? Why is your house getting ignored? Ukiah Daily JournalImagine putting a ton of time and effort into preparing your house for sale, only to have it ignored by prospective buyers. How frustrating! To make sure this ...

Legal Counsel, Real Estate company, Hong Kong, 5+ Years Vantage AsiaAn innovative property start up seeks a legal counsel with at least 5 years of experience to join its team in Hong Kong in a sole legal counsel position.

12 FIRs against two real estate companies for Rs 18.5-cr fraud The Tribune IndiaParveen Arora Tribune News *Service* Karnal, February 15. Investors have accused the developers of two major real estate companies of duping them of over ...

FM’s booster dose for real estate Fortune IndiaThe announcement of credit linked subsidy scheme and increased tax savings will drive the demand for affordable housing.

Real Estate Investing Contracts on Toilet Paper

Real Estate Real Estate