Due to several requests on today's video I'm going to do a tutorial on exactly how to fill out a real estate purchase and sale agreement and specifically what you need to include to make sure the contract favors you the investor now this is a video you don't want to miss because I'm also going to show you how to fill it out digitally in minutes so that you and the seller can sign it electronically making it completely paperless not to mention easy and convenient I'm also gonna share with you how to get my contracts for free all of that and more coming up I just you know are the nation's leading expert on flipping houses and if you're new here to make more money in less time flipping houses, so you can live your dream life subscribe to my channel click the bell I kind of get notified when new videos are released okay here it comes I am NOT a lawyer nor am I giving legal advice you are a big boy or big girl you are responsible for your actions so all we see competent professional legal advice before buying and selling real estate as a house flipper after you've gotten a lead, and you've crunched the numbers it's time to present a written offer to the seller now this is called a lot of different things, but the most common is a purchase and sale agreement now it's a legally binding contract that commits the seller to sell you the property and prevents the seller from selling the property to anyone else, so it's kind of a big deal and whether you're going to fix and flip the deal or a whole sell it the purchase and sale agreement is the same and...
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About Real Estate Purchase Agreement Ohio
A Real Estate Purchase Agreement in Ohio is a legally binding contract between a buyer and seller that outlines the terms and conditions for the purchase or sale of a property in the state of Ohio. It specifies the agreed-upon sale price, property description, payment terms, financing arrangements, closing date, and any contingencies or conditions that must be met for the sale to be completed. The agreement serves as a safeguard for both the buyer and seller, providing a clear understanding of their rights and responsibilities during the transaction. It is typically prepared by the seller's real estate agent or attorney and must be signed by both parties to solidify the agreement. This agreement is necessary for anyone involved in a real estate transaction in Ohio, including individuals or entities interested in buying or selling residential or commercial properties. It is particularly important for homebuyers and sellers looking to purchase or sell a property in the state, as it protects their interests and ensures a smooth and legally compliant transaction. Additionally, real estate agents, brokers, and attorneys involved in the process may also need to be familiar with this agreement to adequately represent their clients and facilitate the sale.
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