You have a property under contract. Hooray! What’s next? What should you do? What should you expect? Are there any other surprises or pitfalls? (um, YES). Whether your contract is to buy or to sell, it’s best to prepare yourself for the event. As many times as you have heard the old adage, It remains tempting to count the chickens when the eggs are laid, but let’s get them hatched first, ok? I’ll be sharing with you the checklists, processes, pitfalls, and preparations you need for your closings both when you are preparing to buy the property and when you are preparing to sell. As an added bonus I’ll also be sharing with you a “Post-Closing Checklist” just to help you make sure the project is tied up in a neat bow. And as a special bonus to everyone listening right now if you would like my Closing Checklists package, you can get them for free just by writing in to the show. Send an email with the words “Closing Checklists” in the subject line to questions@rogerblankenship.com.
Among the topics we will discuss:
- Contract Contingencies
- Home Inspections
- Amendment to Address Concerns
- Seller Repairs
- Earnest Money
- Double Closings
- Dry Closings
- Transactional Funding
- Contract Assignments
And much more!
How to contact us
www.RogerBlankenship.com. Leave a voicemail right from the home page!
Facebook.com/flippingamericamedia
Twitter and Instagram @FlippingAmerica
Call our National Comment Line: 877-55-ROGER (76437) ext 1. Leave your message or your question.
Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.
Sponsors
American IRA: www.americanIRA.com
The Flipping America Buyers Club bit.ly/flippingamericabuyersclub.com
Announcements:
- The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at flippingamericareia.com.
- Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.
- FlipCalcs allows you to enter one data set about a property and consider up to six deal possibilities .
- “Real Estate Investing Quick Start” Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. bit.ly/requickstart.
News:
Topic: Contract to Closing
Questions:
- Samantha, Pittsburgh, PA, “Two questions, 1) is it too late to join the Buyers Club? And 2) How will I know what to do with the property I buy?
Motivational Thoughts for the day
Warren Buffett recently turned 90 years old so today in his honor we are going to start a brief series of inspirational quotes from him. We will lead with this: “Rule number one in investing is ‘don’t lose money.’ Rule number two is ‘never forget rule number one.’”
