All Forum Posts by: Courtney S
Courtney S has started 26 posts and replied 63 times.
Post: Contingencies or Weasel Clauses

- Real Estate Investor
- Sunrise, FL
- Posts 79
- Votes 0
Now I know I need a Inspection clause in my contract but what about any other contingencies that I may need to place in there, would I place it on the purchase and sale agreement or an "Contract Addendum"? or it doesn't matter?
Post: Filling out the PSAgreement

- Real Estate Investor
- Sunrise, FL
- Posts 79
- Votes 0
Thanks. This would be for when I am dealing with a seller.
But what about the line that says "closing costs or points exceeding" ? What would I place there?
And is 6.75% a common percentage to put?
Post: Filling out the PSAgreement

- Real Estate Investor
- Sunrise, FL
- Posts 79
- Votes 0
Ok so this may sound odd, but thats why I'm here to find out everything.
My question is this on a Purchase and Sale Agreement where it talks about "New Loan" exactly what would I write there?
****The agreement is contingent upon buyer's ability to obtain a new loan in the amount of $___________.
Buyer is not required to accept any loan with interest rate exceeding _________% amortized over
___________ years or pay any closing costs or points exceeding $___________. Buyer shall provide
seller with written proof of a loan commitment on or before __________, 20 ___.*****
Post: Naming my Business

- Real Estate Investor
- Sunrise, FL
- Posts 79
- Votes 0
Thank you both!
Post: Naming my Business

- Real Estate Investor
- Sunrise, FL
- Posts 79
- Votes 0
Can I or is it a good idea to put the word "Properties" or "Investments" in my business name?
Post: Doing a wholesale deal

- Real Estate Investor
- Sunrise, FL
- Posts 79
- Votes 0
Thank you :-)
Post: On a Purchase and Sale Contract

- Real Estate Investor
- Sunrise, FL
- Posts 79
- Votes 0
Ok, but how would anyone know what I am a manager of? By me signing my name "Courtney, Mgr." could mean I can be a manager of anything...Do u see what I am saying?
Post: On a Purchase and Sale Contract

- Real Estate Investor
- Sunrise, FL
- Posts 79
- Votes 0
My question is this If I am doing business under my LLC, Do I write/sign the "business name,LLC" wherever it says "Buyer" or do I sign my name?
Thanks for you help!
Post: Doing a wholesale deal

- Real Estate Investor
- Sunrise, FL
- Posts 79
- Votes 0
Thanks!...QUESTION to anyone who wants to answer: IS IT BETTER TO Form an LLC or INC?
Post: Doing a wholesale deal

- Real Estate Investor
- Sunrise, FL
- Posts 79
- Votes 0
Ok thanks! And I'm not sure I guess lol..Scratch that last question