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Video instructions and help with filling out and completing missouri real estate contract for sale by owner
Hello my name is michael salim friend i'm president and general counsel of Cherry Creek Title Services I've been a licensed Colorado attorney since 1992 and my practices been primarily in the area of real estate and time insurance and today the topic is the preparation of the 2021 contract to buy and sell real estate I'm going to break this instructional series into a number of videos I've now learned that 15 minutes is a magic number on YouTube I keep them all around 12 and so it'll be easy in the event you need to go back and look at a specific provision of the contracts that's it's endless at 17 pages and you want to look and see oh I have questions in the middle of it instead of having a look endlessly through one mengapa knotless endless video I thought I'll just break it up into a variety of short ones and I'm gonna start with this one so this contract is only mandatory for licensed real estate agents although it's used by attorneys all the time many attorneys believe including myself that it is a great foundation for any real residential real estate contract and there's no way that you cannot create a great contract starting with this and then adding whatever you need to that are specific to your transaction if you have something unique such as new construction or anything else you know for part of the property but it's a good form and it's used widely so let's begin since we're not going to cover a lot in this first video I wanted to first discuss you get the contract at the division of real estate that you can go right to their site on the internet and download a variety of forms including the contract to buy and sell real estate residential it's free you hopefully are ready to download it your sellers disclosure form filled it out and on that site there's a variety of other good forms so jumping right in you date the contract at the top if I'm number two for the buyer you actually want to list the buyer how they're gonna hole title so rather than where however you fill that in give it a little thought so if you want to be Anne Marie Simpson then that's how you should fill that line now or if you're a noun you should fill it out accordingly because what you put in that line will be carried through the title work the loan documents and into the final deed and closing documents the selection of joint tenants and tenants in common or other we won't discuss other I'm going to keep this video basic it's not legal advice it's education what I will speak about will apply to the overwhelming majority of people out there if it doesn't apply to you that's a good hint you need to go get a legal advice so joint.