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Tax, SDIRAs & Cost Segregation

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Mark Eichlin
  • Real Estate Investor
  • Greater Lehigh Valley Area, PA
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Do I have to use the ASR (Standard Agreement for the Sale of Real Estate) from the Pennsylvania Assoc. of Realtors.

Mark Eichlin
  • Real Estate Investor
  • Greater Lehigh Valley Area, PA
Posted Apr 22 2014, 08:15

I am a new RE investor and my Realtor is telling me that I have to use the ASR (Standard Agreement for the Sale of Real Estate) from the Pennsylvania Assoc. of Realtors.

Is this a requirement in PA, or simply a form this Realtor / Realtor's Office wants them to use? Can I use my own Contract?

I am in the process of having the Contract reviewed to see if it is suitable for my investment purposes, assigning of contract, wholesaling, flipping... and anticipate adding an Addendum for my company's needs.

Is there a Contract that is commonly used and accepted for Real Estate Investors in PA that could be shared?

Your comments and input are appreciated!

Mark

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