Contract Signed Payment with airSlate SignNow

E signature real estate purchase agreement

what's up YouTube this Matthew here and welcome back to my channel in today's video I'm going to talk about what to do next after you got a contract sign in wholesale real estate do you go to the title company first do you find a cash buyer what do you do next before we go on be sure to like this video subscribe turn on post a notification bell and comment down below thank you all so much for the support of the channel we are almost at a thousand subscribers so I think you all from the bottom of my heart and I wish I could have recorded outside but it's raining and that will interfere with the sound and whatnot as you all know sigh I've been using a mic just for better audio quality we're just gonna go inside and finish this video alright you all so we're back in the lab and what to do once you get a purchase and sales agreement signed now first of all congratulations on getting a contract sign I just recently got an email from one new wall on what to do next they said that they were about to get a contract sign and they don't know what to do and so this video is addressing that question and also you know I'm emailing them and going back to the 4th with them on Instagram so if you all are interested in any questions please comment down below on this video I reply to all of your comments and tell me what do you all think or what do you all do next after you have a purchase contract signed down below just comment it down below now there are different ways to approach it to me the most traditional and best way to do it is right away get that contract to a title company or to your attorney to do a title search so let's say this property you got it at a great price and you know it's the deal no matter what you can go straight to the title company before even finding a cash buyer to make sure there's no mortgages no liens nothing on the property that will scare a investor or cash buyer so I have a bunch of videos on how to find title companies I'll probably link one down below and just look on my different video the different selections on how to find the perfect title company for hole selling real estate so that's the first that's one way and then once you get the title search and it comes clean or they may all a little bit of taxes you can start marketing that to your cash buyers I'm looking on your RIA group's Facebook regroups real estate groups on Facebook also finding cash sales within your area and then pulling that data from the internet and contacting different companies and people that Barbra that bought properties for cash within the past twelve months around the area where your house is and so yeah that's one option a lot of times though when I built enough rapport with the seller and I know what kind of seller this is I know there's no mortgages you know and I know they're not lying to me that there's no other liens on the property I may not even go directly to a title company once I get the contract signed if I know a price I first kind of gauge it i market the assignment the contract first to see if number one if I got it at a good price and if it's a deal for them and then from there that's when I actually do an assignment on contract first before even bringing it to a title company and and and from there once I have to purchase a sales agreement and the assignment contract then that's when I bring it to the title company because a lot of time the title companies you may be bringing them so much purchase and sales agreement but never close on most of them so you don't want to waste their time and you don't want to waste your time so a lot of times that's one approach that I use but if you know if it's a smoking hot deal and people are going to be all over to still submit first to the title company there's this been some properties that I had on the contract where I just didn't know if it was a bill so I didn't want to waste the title companies time and to do in a title search so I first marketed the property to my cash buyers and say hey is this a deal for you do you like this and if it is I get the cyber contract then I send it so we have all paperwork already done so the title company can just concentrate on searching the title and closing on the property and so those are some of the two main methods I I use once I get a contract sign and another aspect to getting a purchase contract is that sometimes you devote all of your time to this one contractor let's say it's your first deal you're very stressed about it you're doing everything you can to close it which is 100% important you have to take more time with it because it's money on the line right at the same time you cannot ignore pushing up your marketing for that week whether you're doing direct mail still taking your 2-3 hours a day to do your cold calling whatever it is still keep your marketing in place when you're trying to get that deal done that is very vital and important for the bloodline of your business and I think I kind of made that mistake for my first deal because I was so excited I was stressed out I was just concentrating on this bill this bill and distill owning and I kind of slowed down on my marketing I didn't push out my Mellie or Mellie's for that week I just ignored other things and I think it's important number one to concentrate more on that thing and that thing I've been I read the one thing by Gary Keller and he talks about yeah sometimes we can concentrating on that one thing other things get messy and you have to accept that and so yes you won't be perfect and everything else like you used to be because you're trying to concentrate on the most important thing but keeping your marketing out is so vital for your business and yeah so if you won't get your first deal or get a property on the contract I love to analyze that please comment down below what's your situation what are you all dealing with right now with your wholesaling business do you have a property under contract do you know if it's a good price I'll look it up see what I can do or DM me on instagram at biz Matthew yeah and I hope you all like the shirt this would be soon available for you all different shirts that I have that says business business a business business so I hope you all have a great week I'll talk to you all later and have a good day