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Understanding the Sale and Purchase Agreement
 
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A sale and purchase agreement is a legally binding contract between the buyer and the seller. It sets out all the details, terms and conditions of the sale. This includes things such as the price, any chattels being sold with the property, whether the buyer needs to sell another property first and the settlement date. A sale and purchase agreement provides certainty to the buyer and the seller about what will happen when. You can visit settled.govt.nz and find out more about the sale and purchase agreement here: https://settled.govt.nz/sandp About settled.govt.nz: Guiding Kiwis through home buying and selling Settled.govt.nz is brought to you by the Real Estate Authority (REA), the independent government agency that regulates the New Zealand real estate industry. Our aim is to promote and protect the interests of consumers involved in real estate transactions, and to promote a high standard of professionalism and service in the real estate industry. Settled.govt.nz provides comprehensive independent information and guidance for home buyers and sellers. It'll help you feel more in control and help to get you settled. You can visit settled.govt.nz and find out more about the home buying and selling process: https://settled.govt.nz/ If you would like to get in contact with us please follow this link: https://www.settled.govt.nz/contact-us/ Like our Facebook page: https://www.facebook.com/settled.govt.nz To subscribe to our channel click here: http://bit.ly/2I9qZVe
Views: 2147 settled.govt.nz
How to fill out a Real Estate Purchase Agreement thelandflippingformula.com
 
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http://thelandflippingformula.com In this video I show how to fill out a purchase agreement to buy residential real estate property. I also show how to fill out an assignment agreement to sell your contract to a cash investor and collect your fee in the middle. ALWAYS CONSULT A LOCAL REAL ESTATE ATTORNEY TO BE DURE YOUR CONTRACT IS LEGAL IN YOUR MARKETPLACE. When selling contracts or assigning your contract contact local title companies and or real estate attorney to be sure they can close your transaction promptly Go out, negotiate great deals, sell your contract and get paid! For more real estate investing tips, strategies or coaching visit http://thelandflippingformula.com
Views: 43461 Mike Alder
Purchase And Sale Agreement Explained
 
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A brief explanation about filling out a purchase and sale agreement when putting an offer on a home.
Views: 17886 Michael Eisenberg
Purchase Agreement July 2016
 
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This video helps you get ready to write and offer, and also illustrates step-by-step instructions on how to complete the purchase agreement. Table of Contents: 00:00 - Introduction 00:04 - Slide 1 00:08 - Getting Ready to Write an Offer 00:09 - Getting Ready to Write an Offer 01:18 - Getting Ready to Write an Offer 01:48 - The Fine Print… 02:22 - Let’s Write an Offer
What is a purchase contract?
 
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This video gives a brief explanation of a purchase contract in a real estate transaction.
Power purchase agreement
 
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A power purchase agreement is a contract between two parties, one who generates electricity for the purpose and one who is looking to purchase electricity. The PPA defines all of the commercial terms for the sale of electricity between the two parties, including when the project will begin commercial operation, schedule for delivery of electricity, penalties for under delivery, payment terms, and termination. A PPA is the principal agreement that defines the revenue and credit quality of a generating project and is thus a key instrument of project finance. There are many forms of PPA in use today and they vary according to the needs of buyer, seller, and financing counterparties. In the U.S., PPAs are typically subject to regulation by the Federal Energy Regulatory Commission. FERC determines which facilities applicable for PPAs under the Energy Policy Act of 2005. PPAs facilitate the financing of distributed generation assets such as photovoltaic, microturbines, reciprocating engines, and fuel cells. This video is targeted to blind users. Attribution: Article text available under CC-BY-SA Creative Commons image source in video
Views: 3272 Audiopedia
Putting in an Offer: Understanding the Sale and Purchase Agreement (Part 1)
 
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What is your next step after putting in an offer for an apartment? Do you know what you are dealing with once presented with a sale and purchase agreement? In this video, you will know the next steps to take including what the content of the sale and purchase agreement should be after putting in an offer. SUBSCRIBE to Apartment Specialists and VISIT www.apartmentspecialists.co.nz for news and updates. Apartment Specialists Group Limited (Licensed under REAA 2008)
Views: 3784 Apartment Specialists
What is ASSET PURCHASE AGREEMENT? What does ASSET PURCHASE AGREEMENT mean?
 
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What is ASSET PURCHASE AGREEMENT? What does ASSET PURCHASE AGREEMENT mean? ASSET PURCHASE AGREEMENT meaning - ASSET PURCHASE AGREEMENT definition - ASSET PURCHASE AGREEMENT explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. An asset purchase agreement (APA) is an agreement between a buyer and a seller that finalizes terms and conditions related to the purchase and sale of a company's assets. It's important to note in an APA transaction, it is not necessary for the buyer to purchase all of the assets of the company. In fact, it's common for a buyer to exclude certain assets in an APA. Provisions of an APA may include payment of purchase price, monthly installments, liens and encumbrances on the assets, condition precedent for the closing, etc. An APA differs from a stock purchase agreement (SPA) where company shares, title to assets, and title to liabilities are also sold. In an APA, the buyer must select specific assets and avoid redundant assets. These assets are itemized in a schedule to the APA. The buyer in a SPA is purchasing shares of the company. In this case, itemization is not necessary due to transfer of company's ownership occurs as is. The APA is the legal mechanism for executing a corporate merger or acquisition. The oil and gas industry does not distinguish between an asset and stock purchase in naming its related purchase agreement. In this industry, whether purchasing assets or stock, the definitive agreement is referred to as the Purchase and Sale Agreement (PSA). Defining and controlling behavior is a major objective of the APA. The buyer must represent its authority to purchase the asset. The seller must represent its authority to sell the asset. Additionally, the seller represent that the purchase price of the asset is equal to its value, and that the seller is not in financial or legal trouble. In the context of a merger or acquisition transaction, asset purchase agreements have a distinct set of advantages and disadvantages compared to using an equity (or stock) purchase agreement or a merger agreement. In an equity or merger acquisition, the purchaser is guaranteed to receive all of the target's assets without exception, but also automatically assumes all of the target's liabilities. An asset purchase agreement, alternatively, allows not only for a transaction where only some of the assets are transferred (which is sometimes desired) but also allows the parties to negotiate which liabilities of the target are expressly assumed by the purchaser, and allows the purchaser to leave behind those liabilities it does not wish to accept (or does not know about). A disadvantage of an asset purchase agreement is that it can often result in a greater number of change of control issues. For example, contracts held by a target, and acquired by a purchaser, will often require the consent of the counterparty in the context of an asset deal, whereas it is less common that such consent will be needed in connection with an equity sale or merger agreement.
Views: 363 The Audiopedia
Writing a good Sale & Purchase Agreement
 
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Like a good meal, a Sale &Purchase Agreement has some key ingredients. Find out what they are...
Views: 186 Business Sales Hub
How Power Purchase Agreements work
 
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Power purchase agreements are the contracts that enable businesses generating their own electricity to sell the electricity they produce and the associated renewable energy certificates. This video explains how they work.
Views: 6881 EDF Energy
Negotiation of Representations and Warranties in the Purchase and Sale Agreement
 
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Join us for an in-depth discussion about the intricacies of negotiating reps and warranties in connection with the purchase and sale of a privately-held company. By reviewing sample pro-buyer and pro-seller reps and warranties, we will discuss the definition and purpose of reps and warranties, their relationship to due diligence, scope and timing issues, typical qualifications and limitations on recovery for breach.
Views: 2374 BakerDonelsonOnline
2018 GAR Contract - Changes to the Purchase & Sale Agreement
 
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2018 Georgia Association of Realtors - Changes to the Purchase & Sale Agreement. Watch this video to learn of the changes to F20 - Purchase & Sale Agreement as well as the changes to B2 - What to Expect When Buying a House. F20 - Purchase & Sale Agreement - Training Copy - https://maximumonerealty.files.wordpress.com/2017/12/f20-purchase-sale-agreement-2018.pdf Please subscribe to the channel for more contract tip videos including additional changes to the 2018 GAR Contract Forms as well as other contract tips! Thank you for Watching! Dana Sparks, Qualifying Broker, Maximum One Greater Atlanta, Realtors - http://www.KeepMoreCommission.com
ZadyREI: Purchase & Sales Agreement
 
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What’s up me Droogies!!! In this video I will be sharing how to fill out a purchase and sales agreement for you. As a bonus I will give you access to a purchase and sales agreement at NO CHARGE!!! CLICK THE LINK TO DOWNLOAD THE PURCHASE AGREEMENT https://www.dropbox.com/s/yq4k7vfdbnhzvjz/%28STUDENT%29%20-%20Purchase%20Contract.docx?dl=0
The Agreement of Purchase and Sale Explained
 
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This video by the Village Guru, Jeff O'Leary, talks about the Agreement of Purchase and Sale, the standard document for negotiating and selling a house or condo in Mississauga, Toronto and Ontario Canada. Subscribe to Keeping Real Estate Real: https://www.youtube.com/subscription_center?add_user=thevillageguru ============================================ About The Village Guru: Jeffrey O'Leary is an Award Winning Real Estate Broker located in Mississauga, Ontario, Canada who helps Home Buyers and Sellers in the West GTA. Keeping Real Estate Real is a video Blog dedicated to Lifestyle and Real Estate. Contact Jeffrey O'Leary: http://www.thevillageguru.com/contact/ Recent Client Testimonials: http://www.realsatisfied.ca/Jeff-OLeary Let's Connect: Facebook: https://www.facebook.com/thevillageguru Instagram: https://instagram.com/jeffoleary/ Pinterest: https://www.pinterest.com/thevillageguru/ LinkedIn: https://www.linkedin.com/in/jeffoleary ==================================================== Find Out Your Home's Value: http://www.mississaugahouseprices.ca Search for Homes and See ALL the Homes that Real Estate Agents See: http://www.thevillageguru.ca/ Home Seller FAQ: http://www.thevillageguru.com/frequently-asked-questions-home-seller/ Home Buyer FAQ: http://www.thevillageguru.com/frequently-asked-questions-home-buyer/ Jeffrey O'Leary, Broker Better Home and Gardens Real Estate Signature Service 186 Robert Speck Parkway, Mississauga, ON. L4Z 3G1 http://www.thevillageguru.com
Views: 5206 The Village Guru
Residential Purchase Agreement - Part 1
 
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Part 1 of my explanation of the Residential Purchase Agreement. The RPA (as it is known) is the most common real estate contract used to purchase residential real estate in the state of California. At eight pages (not including supplements) it is a critical contract to understand. In this video I walk through the first page and a half of the contract, in general terms. As always, it is critical to work with your realtor to ensure that you understand the terms of your contract in detail, and contact an attorney for any legal questions.
Views: 5446 Sharona Byrnes
Purchase Agreements
 
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Views: 614 Ahmed Elsaka
New Agent Training -  Real Estate Purchase Agreement
 
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90 Minutes detailing the Offer and Acceptance or the RPA - How to fill it out, what is important and how to best explain it to your clients.
Views: 11847 Rich Shuman
Purchase Contract - Beginning
 
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This video goes over the beginning stages of writing an offer. Explains about the Purchase Contract and guidelines in filling it out. Covers page 1 of the contract.
Views: 494 Leana Berwick
Arizona Residential Purchase Contract - EXPLAINED
 
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What you'll need to know as a buyer when you and your agent fill out a purchase contract. Full contract can be viewed at aaronline.com http://www.PhoenixRealEstateAddict.com
Views: 3119 Michael D'Elena
Sale and Purchase Agreement
 
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A quick guide on the sale and purchase agreement used when buying a home. For home loan tips https://www.mortgagesonline.co.nz/
Views: 1254 Hamish Patel
Stock Purchase Agreement: Everything You Need to Know
 
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Have more questions? Hire an attorney on UpCounsel today and Post a Job: https://www.upcounsel.com/jobs/new A stock purchase agreement is the agreement that two parties sign when shares of a company are being bought or sold. These agreements are often used by small corporations who sell stock. Either the company or shareholders in the organization can sell stock to buyers. A stock purchase agreement is meant to protect you whether you're the purchaser or the seller.
Views: 52 UpCounsel
Elements of the Business Purchase Agreement
 
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This video breaks down all of the elements of the Business Purchase Agreement with emphasis on the California Association of Realtors form.
Views: 395 The Innate Group
Where can I get a purchase agreement contract? - House Flipping Q&A
 
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http://houseflippinghq.com/qa12 - Where can I get a purchase agreement contract? Justin Williams, professional house flipper and host of the House Flipping HQ podcast and website answers this question. Visit the website at http://houseflippinghq.com/qa12 for the complete transcript and downloadable audio for this episode.
Views: 286 House Flipping HQ
Purchase Agreement and Assignment Contract when Wholesaling Real Estate with Equitable Interest
 
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(affiliate) - Find an unlimited amount of real estate deals NOW! http://ba7e32ngpdny2naxpis9s2fizt.hop.clickbank.net/?tid=YTPM In this video, I keep it short and sweet discussing the equitable interest that must be in your purchase agreements to protect you from vulture regulators. I also discuss the assignment agreement, and the clause that is a must to protect you from time-wasting cash buyers. Make sure you subscribe at http://www.youtube.com/channel/UCyJ_ypfBpizaPfCrmDuvH-g?sub_confirmation=1 Hit like, share, and leave a comment if you have a question. I look forward to making more videos and sharing the knowledge with others. Pay a visit to and share my websites: http://www.paidcashforhouses.com http://www.equitypaper.com You can help support this channel and make money on top of it by signing up FREE at: https://record.partners.easymarkets.com/_uRKz6g4Pwo1Mo3B6pUUGpWNd7ZgqdRLk/1/ Use the earnings calculator to see how much money you can make as a Forex Affiliate!
Views: 7602 Psychopath Marketing
RPA Training (California Residential Purchase Agreement)
 
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California Residential Purchase Agreement (RPA) Training for Ashby & Graff Real Estate Sales Associates To learn more about Ashby & Graff Real Estate and our "Pick Your Own Commission Spit" Plans, visit: www.AshbyGraffAdvantage.com
Share Purchase Agreements
 
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Michael Buckworth talks about the key considerations when negotiating share purchase agreements governed by English law.
Views: 3193 Buckworths
Restricted Stock Purchase Agreement
 
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What is an RSPA? What does it mean to reverse vest founders shares? Why would I choose to do this? Does it provide protection for me, my co-founders, investors, or my company? What incentives does it introduce? Should I include this at company formation?
Views: 4807 Quatere
How To Fill Out The Purchase Agreement | Wholesaling Real Estate Contracts
 
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Contracts for Wholesaling: http://bit.ly/REWContracts How to Fill out a Real Estate Contract for Wholesaling Houses, More Specifically The Purchase Agreement. Hit SUBSCRIBE for more insane value! 💯FREE Invite Only Wholesaling Webinar http://bit.ly/wholesalinglive Investor Carrot Websites: http://bit.ly/OnCarrotLeadGeneration What is Equity?: https://www.youtube.com/watch?v=evSSe21Q94Y ------ Free Wholesaling Guide: http://bit.ly/3partguide ------ How I did my first wholesale deal and made almost $9k: https://bit.ly/2Kk2XqL ------ What Is Real Estate Wholesaling?: https://bit.ly/2IypCiF
Views: 928 Devon Canup
Contract Training - As Is Contract vs Standard Sales & Purchase Contract
 
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A great primer about Florida Real Estate Contracts . A lot of agents - especially new agents - have some misconceptions about these two types of contracts. In this training I am going to walk you through both the "As Is" Contract as well as the Standard Contract and related addenda. If you have questions afterwards please do not hesitate to drop me a line or post a comment!
Views: 8114 Realty Partners
Residential Purchase Agreement Presentation: NEVADA (Revised 5/16)
 
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(702) 234-8181 Coach Julie Youngblood has put together a quick (ha ha ha) video on how you could present the RPA to your buyer clients when they are purchasing a home. Disclaimer: I'm NOT an attorney and I'm not your broker. This is how I do this. It is not my interpreting the law or advising you how to practice real estate. http://www.julieyoungblood.com
Views: 3323 Julie Youngblood
AS-IS Purchase Contract Agreement - Clarifying the AS-IS Contract for Florida
 
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In this video I want to clarify the AS-IS purchase contract agreement and why it is used. How you should interpret the words AS-IS. Contact me at http://www.tampa2enjoy.com/contact-us/ Please "share" this video if you like it. When using the AS-IS purchase contract in the state of Florida it's not like an AS-IS contract with a bank. It's more for the sellers convenience than agreeing not to ask the seller to repair or replace any items. If any items come up that need to be repaired or replaced and was not brought to your attention prior to writing the contract, simply have your Realtor write and addendum the the purchase contract asking the sellers to rectify them. ALWAYS make sure you get it in writing and have the seller sign and date the addendum. Please contact me if you have any questions. Sincerely, Lance Mohr Mohr Realty Group at Keller Williams 813-317-4009 http://www.tampa2enjoy.com https://youtube.com/tampa2enjoy Clarifying the AS-IS purchase contract agreement and why it is used. https://www.youtube.com/watch?v=zbuuH-tfMK4
Views: 861 Lance Mohr
Explaining a Power Purchase Agreement (PPA)
 
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Alpha Power Group Video Learning Series 2
Views: 1438 Scott Hyde
Hire Purchase
 
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In this lecture I have explained about Hire purchase agreement .
Views: 11781 deepika singla
Microsoft Dynamics AX: How to Use Purchase Agreement in the Purchasing Process
 
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This video walks through the process of using purchase agreements in Microsoft Dynamics AX 2012. Learn more at http://www.meritsolutions.com/products/dynamics_ax/
Views: 3415 Merit Solutions, Inc.
How to complete a Purchase Agreement when buying subject to...
 
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I am showing how I would complete a Purchase and Sale agreement in more detail. I follow the same basic template on each deal when I buy subject to the existing financing. Afterwards, I fax the agreement to my real estate attorney to check title. If you are new to Real Estate please do me a favor and lend my your opinion on the quick form on how to best offer assistance to aid you in getting your first deal. For a copy of the P&S agreement and additional lessons Click on the link below and join our Real Estate Newbie Mastermind on Patreon for a FREE copy of real estate contract. https://www.patreon.com/posts/how-to-complete-8054744 Need Real Estate Coaching or Mentoring http://goo.gl/gdK1oE Please leave any questions or comments.... Serious about getting results instead of excuses click below http://goo.gl/3n7aeD Join our real estate newbie Facebook Group http://goo.gl/nz1bZB
Views: 13554 James Bealer
California Association of Realtors (CAR) - Residential Purchase Agreement (RPA)
 
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Brian Schwatka, Realtor and Transition Specialist explains the (CAR) - Residential Purchase Agreement (RPA) to Buyers or Sellers.
Views: 5605 Stay Or Go Homeowner
TRAINING: HOW TO DRAFT AN AMENDMENT - AMENDING AN AGREEMENT OF PURCHASE AND SALE
 
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How to quickly make an Amendment to an Agreement of Purchase and sale - Amending basics!
Views: 1470 Ricky Rathore
Power Purchase Agreements (PPA)
 
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Are you looking into the options of a Power Purchase Agreement on-site or off-site? There's a few reasons to do so: - It can be cheaper than buying electricity from the grid - It could reduce your volatility exposure in case of a fixed price arrangement - It could be part of your sustainability goals However, these are long term agreements so be careful you tendered this project and asked yourself the right questions: - Can I avoid grid fees & taxes with a PPA (depends on the regulatory framework!) - What if I sell my plant? - What insurances do I need? - At what value of the market does this project become profitable - ...
Views: 1290 E&C Consultants
You Negotiated a Real Estate Deal... Signing the Purchase and Sale Agreement
 
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http://www.HampdenCountyHomes.com Hi This is Don Thompson again, your local real estate expert advisor. So let's recap... You've been pre-approved, found a house and negotiated a deal. Things really get going now... and for a short time, you are going to be moving on three fronts. One, you'll need to need to sign the purchase agreement and deliver the deposit, two, you'll schedule and do your inspections and three, you have to formalize the loan application. So let's discuss signing the purchase & sales agreement , also known as the p&s or the purchase agreement. This document should be reviewed by your attorney before you sign. He or she will want to make sure that there are certain clauses included that protect your interests. And the seller will also have their attorney look at the agreement. Just so that you’re aware, your attorney, if he or she is processing the mortgage documents, is also the bank’s attorney and at the closing they will be representing the bank. Sometimes there are actually two attorneys on the buyer side, one for the buyer and one for the bank. However, locally the attorneys will represent you regarding things that deal with the seller, and make no mistake about it, when you are dealing with the bank, they are working for the them and looking out for their interests. When you think about it, there are actually two transactions happening at the closing...one the seller is transferring the property to you and the second, if you are getting a mortgage, the bank is lending you tens of thousands of dollars and it’s using the property as collateral. For the first part. you and the bank have basically the same interest… you are getting the property in marketable condition, free and clear of any liens and the bank wants the same thing because it is their collateral. The second transaction is between you and the bank… this process is highly regulated, you’ll see the governments initials on many of the forms, HUD, RESPA. The main thing you want to be sure is that you are paying the interest rate you were quoted. and because of regulations today, the fees that you are charged have to be fairly close to what was quoted you. But I digress, so now, once the contracts are reviewed by both attorneys and they have agreed to the language, typically, you as the buyer, will sign it first and give up your earnest money, your deposit. And then the sellers will sign. Now it’s critical that this document gets signed by all parties as quickly as possible. This is the formal agreement between you and the seller and until it’s signed you may not have a, what is referred to as, an enforcable contract. So everyone should be working to get it signed as soon as possible. So now you have signed contracts, you will want to schedule your inspections and let your ;loan officer know that you’ve got a deal. Inspections are a very important step in the home buying process and I will be covering them in my next video. Meanwhile, if you have any questions about anything, where I may be able to help you, please do not hesitate to contact me by calling or texting 413.221.9981 or hit reply to this email and I will get back to you as soon as possible. Thanks again and have a great day!
Views: 3794 WesternMARealEstate
Minnesota Real Estate Contracts - Purchase Agreement
 
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This is the Minnesota purchase agreement. It's the main contract that you're going to use in the purchasing of a home. Is it confusing? Not at all. Is it a lot of information? Yes. Does all of it apply to you? Not at all. The thing about purchase agreements is that they cover almost every single aspect of buying a home. There are separate addenda yes, but they purchase agreement mentions whether or not those addenda apply.
Views: 1074 Carale Bowe
3 Contracts for Real Estate Wholesaling [Purchase Agreement, JV Agreement & Assignment Contract]
 
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✔️3 Free Contracts for Real Estate Wholesaling. Click Here⬇️ https://bit.ly/2NdEQfm The 3 contracts you are looking for is the real estate wholesale agreement contract, the wholesale JV agreement contract and the wholesale assignment agreement contract. These 3 are the main agreements you need to get you going wholesalling real estate. Please feel free to download them for free in the link above. #realeatatewholesaling #jvagreement #realestateassignment What's a better financial strategy👍 http://houseflippingguide.com/whats-a-better-financial-strategy-making-more-or-spending-less/
Views: 2728 House Flipping Guide
California Residential Purchase Agreement
 
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In this podcast, Suzan Vainberg Real Estate Broker (DRE: 01451293) with Arooly Inc. explains in great detail the regular CAR California Residential Purchase Agreement when purchasing a home, not intended for short sales, REO, commercial properties or land. Arooly Real Estate and his officers do not assumes any legal responsibility should you take any action based on this podcast. You are strongly recomended to use your own broker, real estate agent or lawyer and follow closely his advice. This podcast is informative and intended only and only for Arooly customers. If you are a customer of Arooly please consult with our brokers or agents regarding peculiarities of your transaction. Watching this video is not an agency relation in between Arooly and you. Arooly Inc is California Real Estate Broker DRE:01807608 all material not valid in any other state or country except California. This podcast is not intended to be legal advice. All material is believed to be accurate but is not guaranteed. http://arooly.com
Views: 29864 arooly
The One Special Clause to Put in Every Sales and Purchase Contract
 
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Louisville Gals Real Estate Blog. http://LouisvilleGalsRealEstateBlog.com You probably know that putting contingencies in your Sales and Purchase contract throw up red flags to potential motivated sellers.  So how do you protect yourself? You so that by adding one specific clause to your contact. I always point this out to my seller and explain what it means, and to date, I've never had a problem. What is the Clause? I call this the magic clause that covers just about everything.  So here you go... "Contract is subject to partner approval".  So what exactly does that mean?  I will explain how to use this clause and exactly how to explain this to the seller in this short video.  Don't forget to stop by the blog at http://LouisvilleGalsRealEstateBlog.com
Views: 560 Sharon Vornholt
Automobile Purchase Agreements Explained - Lehto's Law Ep. 2.35
 
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The focal point of every auto sale conducted at a car dealer is the sales or purchase agreement. Most consumers do not know how important this single document is - and how it limits the consumer's rights after the purchase. There is a podcast of this video: https://soundcloud.com/stevelehto/automobile-purchase-agreements-explained-ep-235 www.lehtoslaw.com @stevelehto
Views: 2722 Steve Lehto
purchase agreement in AX7
 
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A purchase agreement is a contract that commits an organization to buy a specified quantity or amount by using multiple purchase orders over time. In exchange for this commitment, the buyer receives special prices and discounts. The purchase agreement can apply to a specific quantity of a product, a specific currency amount of a product, or a specific currency amount of the products in a procurement category. The prices and discounts of the purchase agreement override the prices and discounts that are specified in any trade agreements that exist.
Views: 410 Dynamics 365 Blog
Lease Purchase Agreement For Real Estate
 
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http://www.leasepurchaseagreementmadeeasy.com - Using a lease purchase agreement is a fairly common real estate transaction. They are most often used when you have a true buyer for your house that just requires some time before they can close on the purchase of the property. However, this is not the only type of situation where a lease purchase would be the best type of transaction to structure in order to meet the objectives of both the seller and the buyer. The term (length) of the agreement is clearly laid out and agreed to in writing before the buyer gives the seller a deposit and moves into the property. Most sellers prefer to get a pretty good size deposit to confirm that they are dealing with a genuine buyer. A typical time frame for closing is anywhere from a few months to a year. They can be used to structure longer term deals. However, if the initial term of the agreement is going to be over 36 months, a different type of contract should probably be considered. A lease option would probably be a better choice if you have a tenant that simply wants the option and not the obligation to buy the property. With a lease purchase you and the buyer are actually going to draft a real estate contract with a set closing date anywhere from a few months to a couple of years out. The time-frame agreed to should be carefully considered by both parties before the documents are signed and fully executed. Naturally, the buyer is allowed to close on the purchase sooner if things work out that way. Obviously any type of contract, including real estate agreements, can be renegotiated if all the parties involved agree and the lease purchase form does allow for a one-time extension of the closing date under certain terms and conditions. However, things typically go better if all parties have a clear expectation of when the actual transfer of the real estate title and full payment to the seller will happen. Often the buyer is already working with a mortgage broker and has a pretty good idea of when they will be able to get the loan to close on the purchase. Before moving into the property the buyer will make a purchase deposit (not an option deposit). The lease purchase agreement will be attached and have supremacy over the real estate contract. If the buyer defaults on any of the terms of the agreement, you will typically have the right to eject them from the property and keep their deposit. Obviously that would be a worst-case scenario. Ideally, they will rent the house for a few months and then close on their contract.
Views: 4050 Jeff Hollyhand
Residential Purchase Agreement Page 5
 
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More in the series of understanding the California Residential Purchase Agreement.
Views: 5185 Jeffrey Douglass

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