Question for Jackie Lange - Contracts - Posted by Ray

Posted by Jimbob on June 30, 1999 at 21:12:38:

Great sites Stacy!

Question for Jackie Lange - Contracts - Posted by Ray

Posted by Ray on June 30, 1999 at 17:16:56:

Would first of all like to commend you on such wonderfully light-hearted articles. I was rolling around with laughter when I read “Beginner’s Quick Flip Primer 2” describing a house screaming “PLEASE HELP ME”.

Anyway…to the cruz of my question. I hate to sound stupid as a beginner for asking a probably silly question, but what does a “one-page” contract actually look like. Acting as a middle man during the flipping process, won’t I have to draw two "Residential Sale and Purchase Contract"s, one between the seller and me (the buyer), and one between the buyer and me (the seller)?? Please educate this eager one!

Re: Question for Jackie Lange - Contracts - Posted by Ray

Posted by Ray on June 30, 1999 at 17:49:31:

You know what? I just realized that the “Residential Sale & Purchase Contract” and “Assignment of Contract” are two separate forms. Now my question is altered to whether the “Residential Sale & Purchase Contract” is the right one to use with regards to homes, and what an “Assignment of Contract” looks like. Do you ask the investor for one?

Re: Question for Jackie Lange - Contracts - Posted by justin

Posted by justin on July 02, 1999 at 21:02:39:

Have you guys tried webplace.nu.com?
Justin

Re: Examples of Assignment Agreements - Posted by Stacy (AZ)

Posted by Stacy (AZ) on June 30, 1999 at 17:54:55:

Here are some examples of Assignment agreements.

http://www.insiderreports.com/legalfrm/b10182.htm

This one contains the “hold harmless” wording that I think is important:

Stacy

Re: Examples of Assignment Agreements - Posted by Brad Crouch

Posted by Brad Crouch on July 01, 1999 at 12:28:24:

Stacy,

Thanks for giving us these sites. Real value here. Your time and efforts are appreciated.

I owe you a beer (at least),

Brad

Re: Examples of Assignment Agreements - Posted by Jim IL

Posted by Jim IL on June 30, 1999 at 23:02:19:

Stacy,
COOL! thanks!
I have several “assignment forms” already, but it is always nice to see others and re-vamp on occassion.
Thanks for the sites. I will now be checking them out for other info as well.

I love this place,
Jim IL