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Updated over 13 years ago on . Most recent reply

User Stats

57
Posts
2
Votes
Namon Thorn
  • Hammond, LA
2
Votes |
57
Posts

General Warranty Deeds/Purchase contracts

Namon Thorn
  • Hammond, LA
Posted

Hello BP Famz,
I have a question on General Warranty deeds. To all the n=more experienced REInvstrs thanks in advance. As the they say the only stupid question is the one never asked. So here goes.
1) When do you get a GWD signed? My gues is when you get the seller to sign the Purchase and sales agreement. Right?!?!
2) Should the GWD be notorized? If so then when do you turn all the paperwork into the title company?

(Option to) Purchase Contracts
1)Is earnest money the same as saying option money when using Pur-Contracts
2)Do you give the seller the option money/earnest money for signing the contract or so you give it to the title company to start the paperwork and get the deal in motion?
3)Which is the best amount $5.00 or $10.00?

Inquiring newbie mind want to know! Thanks for any "newbie" considerate answers.
SmartAZZZZZZZZZ's need not answr!! Already got enuff of those!!!HaHaHa!!!!!!

Thanks BP Fam!! :-)
Newbie Namen

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