Hi, this is John's Rosina, and I'm here with Jeff Green. We're going to show you how to fill out an "As Is" residential contract for purchase or sale. How are you doing, Jeff? I'm doing great. I'm down here in sunny South Florida. Life is good. Perfect. Can you tell these people how to fill out the contract? Sure. Well, you've got hot spots, or certain areas of the contract. Other areas were put together by the Florida Bar, which is an association of attorneys for the state of Florida. They put this contract together, and if it's good enough for them, it's good enough for us. We always use the "As Is" contract because we don't want to warranty the properties. We do a great job in renovations, but if we're selling something, it's always "As Is." Most of the properties we buy from the bank are also "As Is," so you really have to be careful. Every once in a while, somebody will sneak in a contract that's not "As Is," and then you're responsible for repairs up to 1/2 percent of the purchase price. So, what we have here is the "Owner of Record." The banks don't like that; they want the actual description. But it works in most places. You can always do an addendum to add someone's name or make changes. Here's a property that we've been looking at. It's located five blocks away. And here's where we get all the information to put onto the contract. We always buy everything in a Land Trust. It's a great vehicle for asset protection and estate planning. It gives you some anonymity and reduces risk. It's so easy and such a great vehicle for holding property. So, here we have the street address, very simple. 101 Eighty-Five Blocks Away Plumage...
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MO Contract of Sale & Purchase of Real Estate Form: What You Should Know
MUST be completed and returned by the Buyer to the Seller before completing the sale. It may not be used for anything other than a Residential Real Estate Purchase and Sale Agreement (RM-SDA) or this is not a complete contract. The residential real estate purchase agreement (RM-SDA), which is in the hands of the Missouri Association of Realtors, has the following structure... Residential real estate purchase and sale agreement The Missouri Real Estate Purchase Form is also available for your convenience. If you have questions or need additional information about the Missouri residential real estate purchase agreement, the Missouri real estate transfer process, or real estate property ownership, please do not hesitate to call us. We will be more than happy to be of service. The Missouri real estate transaction is a very important step in a transaction of real estate in Missouri. The purchase agreement will allow the buyer to legally complete the Home title purchase & sale agreement (00002830 Residential Real Estate Purchase and Sale Agreement (RFE-SDA) The buyer, which is generally the current owner of the property, is supposed to transfer the ownership of the property to the seller under the Missouri RFE-SDA contract. You will be asked for the following information before signing... Home Title Purchase and Sale Agreement (A0001844) Missouri Residential Real Estate Purchase and Sale Agreement (ZC0000633 In this document, the seller agrees to allow the buyer to use the property as the new owner for his or her intended use. Form Residential Real Estate Purchase and Sale Agreement (ZC0000633 This document is a blank form that you must complete and submit by fax or email. This document is used to account for the condition and damages of a Residential Real Estate Purchase and Sale Agreement (00131424 Sellers agrees to allow the buyer to use the property as the new owner for his or her intended use. (purchase price less A, B & C) on or before Closing Date. Print Form. Submit by Email. Page 3 Free Missouri Residential Real Estate Purchase and Sale Agreement (ZC0000633) Provided by the Missouri Association of Realtors, this document is used to account for the condition and damages of residential property during a home purchase and sale. You are required to submit...
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