Description

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Welcome to the HMO Property Show, your go-to podcast for all things cash flow positive property investing. In this episode, host Neil Gibb dives deep into the hot property market and shares 13 powerful contract terms that can help you craft the ultimate offer as a buyer. 

Neil shares his 10 years of real estate experience and over 200 transactions, highlighting the importance of focusing on the seller's needs rather than just the property itself. He emphasizes that real estate is the outcome, but the negotiation is between the people involved. Tune in as Neil walks you through 13 contract terms you can consider, including:

• Cash unconditional offers
• Subject to building and pest inspection
• Subject to finance
• Subject to due diligence
• Early access prior to settlement
• Subject to sale (chain/link transactions)
• First right of refusal
• Delayed settlement
• Rent back agreement
• Seller rent free period
• Deposit release clause
• Settlement on notice

Neil also shares his own personal experience with some of these terms, providing real-world examples of how they can be effectively used to craft the best deal for both the buyer and the seller.

Additionally, Neil touches on the importance of creativity and direct negotiation with sellers, as well as the potential for a future episode focused on negotiation tactics. Whether you're looking to buy your next investment property or sell your own home, this episode is a must-listen for anyone serious about navigating the complex world of property investing. Tune in now and stay ahead of the curve!

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Disclaimer
Nothing on this channel should be considered tax, financial, investment or any kind of advice. Everyone should do their own due diligence as only a professional diagnosis of your specific situation can determine which strategies are right for your situation. Our goal is to frequently feature edgy and actionable value, thought leadership and property/investment strategies.

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