
Attorney Harry Borders writes:
"For every different type of real estate deal, there is a very different and very specific contract needed. Your contract to purchase a rental should look similar to your contract for a wholesale deal, but it is NOT the same. And your contract to sell looks different from your contract to purchase. Subject-to contracts? Different. Assignable contracts? Different. Double closing contract? Different. You get the idea.
"On June 28th we will dive deeply into the differences and the why's and how's. If you think your contract is sufficient, I bet we can convince you it needs some tweaking at the least -- if not a total overhaul. We hope to see you there!"
Harry says these are also among the topics he plans to cover:
- The differences between general warranty deeds and special warranty deeds
- Enforcement of contracts
- The consequences of breaking a contract
- Good faith deposits: How much should they be, and who holds them?
Harry is a real estate investor himself as well as a prolific closing attorney with Borders & Borders. Can he do contracts involving seller finance and creative financing? Yes, he can! Whatever deal you're trying to put together, Harry is ready with the paperwork. "It's pretty rare that somebody says 'I need a contract for ... fill-in-the-blank... and I don't have it," he said.
Early Meeting: Jay Bowman, broker/owner of 60 Day Realty, will talk about how to save money at closing.