ACTUAL - Purchase Agreement/Offer

So, from what can gather, it seems that when using the standard California purchase agreement my only escape clause is to hold off signing it once it is accepted and holding the earnest money check until my buyer says yes.

Is that correct?

Regards,

Ben

I AM LOOKING FOR SOMEONE WHO MADE ASSIGMENT IN IDAHO,I WOULD LIKE TO WORK TOGETHER,AND I NEED TO KNOW HOW TO FILL THIS CONTRACT,PURCHASE SALE AGREEMENT,IN THIS CASE TO ASSIGMENT THE SELL 2 LOTS.CALL ME 2087218194 THANKS.IF YOU KNOW REAL ESTATE ATTORNEY WHO HAS EXPERIENCE IN ASSIGMENT AND CLOSING,IN JEROME IDAHO,PLEASE CALL ME 2087218194

I AM LOKING FOR FOR SOMEONE WHO HAS EXPERIENCE DOING ASSIGMENT IN IDAHO;I NEED TO KNOW HOW TO FILL THE PURCHASE AND SALE AGREEMENT OR AGREEMENT TO PURCHASE,AND KNOW ABOUT THE CLOSING,PLEASE CALL ME 2087218194.RIGHT NOW I HAVE 1 LOT FOR ASSIGMENT AND THIS LOT HAS 1 HOUSE ON IT THAT NEED TO BE TURN DOWN,IN THIS CASE I NEED TO FILL THE PROPERTY DISCLOSURE NOTICES FORM BECAUSE THE OWNER WANTS TO SELL AS LOT.

I was wondering can you Assign a Contract on a FSBO Properties or is it just on Foreclosures or PRE Foreclosures? because I have found a lot of properties around where I live at in FL and I know one of them after being remodeled and being lakefront property w/ a underground pool will easily sell for a massive profit. My self I am just getting started into investing and haven't done any deals yet since I just finished reading "profit from real estate now" around a week ago; And any advice will be helpful Thank You

Jason

You can assign anything as long as the offer is accepted, but unless you get the property for at least 30% off FMV (probably higher) it could be difficult to find a person to assign the property to.

Thank You I Appreciate it; Because I am ready to get the ball rolling on doing investment deals.

Jason

Thanks Anita, thats a good example to keep on my records as a reminder of how everything needs to be filled out. I find this site a great help to getting back into real estate investing after a 1 year absence and lots of unneeded straggling.
Thanks again.
CAM-

Hi, I am a newbie and found my first house to assign in DC. It is currently vacant and needs extensive rehabbing, but I have an investor online. I just want to make sure that I do not "burn" myself as far as the documents are concerned. What contracts do I use? I have downloaded the Offer to purchase Real estate from the DG site. From this it appear that I am bound to buy the property. Is this the right document?
I also downloaded the assignment of real estate purchase and sale agreement. Do I need both agreements signed? Sorry but I am very confused at this time and really need some clarity.
I will have them checked by an attorney before I submit, but do not want to redo them as this will cost a lot of money.

I will appreciate any help I can get.

Thanks

Hi Anitamy:

I have been reading your entry. I find it very insightful. Could you please be my mentor? One question I have is how do thes practices work in todays market?

Can you assign a short sale agreement (after the bank has accepted your offer?) and what about REO???? I think I'm missing a piece of the pie on this.

Destrie

Does anyone know if you can use the sale agreement forms on this site in California. This would be between me and the seller only.

Thanks for any help...