Contract Writeups

Before you get started...

If you don't have the deal verbally closed, stop now. You need a good verbal close before sending a contract.
You should also have disqualified cash, realtor, and keeping it before you're pitching creative finance. We see a lot of deals fall apart if this process isn't followed. For more on this topic, watch this video.

We're simply the best at writing creative contracts, but you've got to give us enough information to do it! The more you provide, the faster we can work.

BTW: If it's connected with a loan mod, stop now --- we won't touch it.

You'll need the following information/items to complete the form:

• Property Address (with legal and/or APN if you can get it)

• An understanding of your entry and exit strategy

• Buyer and Seller Company Name, Signer Name, and Email Address (up to 2 of each), YOUR phone number

• Price = Total minus any existing liens, minus any cash to seller, minus any seller finance, minus [anything else]
  Note: EMD is part of the purchase price, not added to it

• If subto, you should have a copy or picture of a mortgage statement

• If subto, what kind of loan is it?? FHA, VA, Conventional? Is there downpayment assistance? (each of these has specific implications)

• Creative Terms: Financed amount, interest rate, term (in months or years), balloon timeframes, performance deed?

• Other special terms: Additional items included in sale; leaseback or post-COE possession; other random stuff you've negotiated into the deal

• Operating Agreement and Articles of Organization and/or Certificate of Good Standing for each company involved (preferred)