Hi everyone so this and this video we're gonna be going over the one to four family residential contract now we have here our buyer Joe buyer and he's already found the right home and he's would go ahead and submit the contract so we're gonna walk through the contract in here under number one the parties to the contract or Sally seller and Joe buyer the legal description of the property and I pulled that from real list you can see right here legal description lot 21 block to Crossroads Park section one lot 21 block to Crossroads Park section one now sometimes lenders are picky and do require that you disclose what section the home is in so right here just go ahead and and put section one in the city of Houston and the county of Harris also known as 12 506 Matt way court this house price in the under a you're gonna go ahead and put the down payment amount in this case Joe buyer is putting $30,000 down that is gonna we're gonna be required to submit a third party financing addendum and he's gonna be financing $200,000 for a total sales price of two hundred and thirty thousand dollars now before it's gonna require that you disclose if you're licensed agent and you're representing a spouse parent or child or a business entity in which you hold more than ten percent Interest so go ahead and disclose that if that applies to you and this is both on the buyer side and the selling side so if your buyer's agent and you're representing a buyer a spouse parent child or any business that you hold 10% of just go ahead and submit that earnest money most ages are going to require that you...
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Paragraph 2 of the one to four family residential contract resale Form: What You Should Know
Land“ of one to four Family Residential Contract (Resale). The sellers offer is 6,000,000,000.00 with a purchase price of about 5.5/sq. Ft. This is the biggest selling point of the program. It may take some work to negotiate this contract with a few agents, as it is so huge. It is best to do it during one of the many conference call meetings to get the contract out of the way. One to Four Family Residential Contract (Resale) — Seller Agreement A Note from a buyer on a large real estate contract Jan 28, 2023 — Dear Hometown Real Estate Agents, My friend and I just completed a large real estate contract (1.4+ million square feet) where we did not negotiate the agent. You can see in our contract that it was negotiated through the agent. We paid in full within 7-10 business days of the closing. I know at first glance that this did not make much sense. Asking a private agent to negotiate the contract for you is like asking your uncle for directions. He will often try to steer you in the wrong direction. So what happened? I don't know. I do not know who negotiated for us. But it has happened like that to us, many other buyers. It does not make sense. We know how important negotiating the contract is. Our agent did not ask our opinions or discuss our options. He just wrote down the number that we agreed. This is not how it should be in a contract. You need to negotiate the contract.
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