Do I Have To?

DO I HAVE TO HAVE MY OPTION TO PURCHASE NOTARIZED RIGHT AFTER I GOT IT UNDER CONTRACT /SIGNED AND STATED ASSIGNED.

when you sign over option to purchase contracts what contract to use( )[ Edited by starterneedhelp on Date 06/20/2005 ]

Comments(7)

  • starterneedhelp1st June, 2005

    thank you goldenchild
    very much

  • starterneedhelp20th June, 2005

    GOLDEN CHILD, and/or anyone or everyone
    if I have the (offer to purchase) contract singed by the seller and myself the buyer, and the clause and/or
    assigns with agreed price

    are you telling me this does not have to be notararized?

    and what contract do i use next ( ) and what has to be done with that contract.

    i am trying to wholesale.
    thanks

  • IBuyHousesInc20th June, 2005

    You don’t use a contract you ask the title company to prepare an addendum to substitute buyers. you the seller and new buyer all sign and you’re on your way.

    For everyone in California there is a maximum of 8 times that you can assign a contract with out the use of a licensed real estate agent according the department of real estate.

    I understand other states have similar laws so be careful.

    The easiest way around this, it seems, is to record the contract, which then needs to be notarized.

    This recording gives effective notice to the public.

  • nic34563rd March, 2005

    I have a propery in my LLC that has 1 property in it. Every 6 months I deposit enough money to cover the loan payments on the property. credit card wise can I count this as income to the LLC?

  • 007Invester22nd June, 2005

    What is the approx new build date? I would be interested in possibly Aquiring the property you control.

    007Investor

  • cjmazur22nd June, 2005

    if these are the options, I would go for 1 or 2. This type of letter is pretty easy to get.

  • cjmazur22nd June, 2005

    not sure if your doing FSBO and paying for a MLS listing or a flat-fee, "full service" listing by an agent?

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