Fillable Counter Offer PDF for Real Estate Form
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FAQs real estate offer forms
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How do you invest in real estate for free?
I have invested in real estate with no out of pocket expense several ways and numerous times.I took over the payments on mortgages with no money down. I have done that on a $42,000 property, a $180,000 property, a $650,000 property, and a $3,000,000 property... and probably some other properties too.I was approached by an investor that did not really know how to maximize his return on his investment, but he knew that I could help him. I was offered 50% ownership in a property if I would help him find something profitable to invest in. I found a small shopping center. I formed an LLC for us. I control the bank account, the bills, and the LLC. I put zero down, he paid for the LLC and the property completely, and I own half. It makes him about 10% annually... and I make the same.I started working on an opportunity six weeks ago. I put a deal together this week to purchase a mortgage from a bank on a property. I offered investors 7% APR, and after three weeks the opportunities to invest filled up. As of two nights ago the deal is fully funded. I did pay to start an LLC, but I put zero down on the property. I control the property and have over $7,000,000 in equity on that deal for myself.I am not sharing this information to boast, but rather to enlighten you and let you know that YES, it is absolutely possible to purchase real estate with no money. It can take a lot of effort, a lot of negotiating, an understanding of the local real estate market, an awareness of circumstances, a willingness to take calculated risk, and a little good fortune to find the right opportunities.I do not know global real estate, but in North America it is possible run across opportunities like these. I would imagine that it is possible to an extent in other countries as well.Start by networking. Let potential sellers know that you are interested in their properties. Help them visualize a way that they can retire and still have a guaranteed monthly income by owner financing the mortgage on their properties.
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What is the most effective way to generate real estate SELLER leads?
My grandmother is the most selling-ist realtor in Wayne County, Michigan.My uncle started his own real estate company that routinely sells million dollar homes.He then went on to found a revolutionary company with Stefan Swanepoel.He then went on to found another revolutionary company that produces leads for realtors which is completely disrupting the industry.My first “joby-job” was working at his real estate company. He taught me some lessons I still use.He, and the realtors I ended up executive assisting always did three things that developed sellers:They got to know nearly everyone they could in the community - People were their greatest resource. They became members of as many communities as possible and tried to constantly add value. Whether it was churches, country clubs, school groups, networking groups or gyms, there were so many opportunities for connecting with communities. They tried to add value in any way they could, not just by being “the realtor.”Software to use: Contactually. It allows you to take lots of contacts and sort them into “buckets” that you can contact regularly. Set this up for different communities including your own neighborhood.They collected leads from online services - Whether it was Zillow or nearly anything else, sellers, or people thinking about selling, leave an online trail. A service that collects these leads, or better yet a website that you, yourself owns.Software to use: Leadpages. Set up a leadpage for “selling a home in X” where “X” is your local community. Now pay for SEO and Adwords. Have one page that collects information in exchange for something small and valuable for a potential seller like “Top 5 things to think about before listing your home.”Set up a lead engine - This is what I was great at. It’s how I helped my uncles company, other realtors, and even other real estate offices and realtors across the country. SET UP A TEAM that calls FSBOs and houses that just came off the market. It’s simple, it’s painful, but if you can hang out in the cut and have a small team that does this even decently well, you’ll be having listings coming out your ears.Software to use: Mojosells.com. Get a team together with a team and use this power dialier. Have a simple script and try to sell people on how you’re different. Have a good, clean, simple sales script and something else to follow up it up with.Do these things and you’ll have more sellers than you can handle, for real.Like my thoughts on Sales Development? Subscribe to my YouTube channel Sell Like A Comedian
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How can I start a real estate business?
I started at 19, forty years ago, when my wife and I bought our first townhouse. It cost around $48K if I recall. We lived in it for seven months and sold it for a $7K net profit.We moved and built a house. We sold that and built another house. In the mean time, we had invested in five acres on a major Austin highway, but way out of town. (We held that property a little over thirty years before we decided to sell it. By then, the town had grown out to where our land was. The property was worth approximately sixty-eight times what we had paid for it).We sold the house that we were living in, had raised our children in, and loved dearly. It was the perfect house for us, but we sold it, took the profits, put the minimum down on another home to live in, and started buying investment properties.Before long we were buying commercial properties to add to our rent houses. Then we started selling off our residential units to acquire more commercial properties.Now we pretty much just invest in commercial units. We bought a small shopping center in San Antonio, about 75 miles away, a few months ago. That was our most recent purchase.We are currently trying to buy out the last remaining tenant’s lease on one of the other properties that we own. That should cost us somewhere between $270K to $400K, I hope. Once that is accomplished, and that tenant has moved, we can begin construction on a fifty-million-dollar 253-unit luxury apartment community with 5,000’ of high-end retail.It all started with a thousand-dollar down payment… forty years ago.---------Update: I ended up offering my last remaining tenant (a public company) $750,000 just to move out of the space they were in. They refused. It looks like I'm stuck with them for another six and a half years. I was really hoping to build that larger project in their space. I may end up just building above them and around them. It won't be as beautiful a building as I had hoped, but it also will feel alright to not have to pay them $750K just to move out. We used a standard Texas Commercial lease instead of my regular lease contracts and now I'm regretting that decision. Things can change so fast when you are working with real estate deals, but it's all good. They will end up paying me a little under another million dollars in rent during that time and the property will likely double in value during the next six years.
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How much do I need to prove that I can support myself in the US when I win a DV lottery?
There is no fixed amount of money you must have access to, to be a successful DV winner and visa holder. The immigrant should show ownership of property and assets, a job offer in the US, or that the immigrant is already living legally in the United States with a job that pays a sufficient income, in order to overcome the public charge ground of inadmissibility. For example, you may submit:a job offer letter from a US employer, or pay stubs from existing employment in the US.copies of bank statements showing current balance, or preferably a bank statement showing annual deposits and withdrawals as well as current balance, and how the money will be transferred to the US.copies of land deeds or other evidence of real estate ownership, along with any mortgage statements showing the amount of remaining debtcopies of documents showing ownership of insurance policiesevidence of other income, such as from investments or royalties.Having a Sponsor Sign Form I-134 Affidavit of SupportIf the immigrants' sources of financial support are not sufficient on their own, one possibility is to find a US sponsor to fill out an Affidavit of Support on Form I-134, issued by U.S. Citizenship and Immigration Services (USCIS).
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What is the purpose of hiring a realtor?
Simon Kinahan has a good answer. I'd like to go beyond that and ask the question that with websites like Zillow, Trulia and Redfin, who needs a realtor? (Assuming you are someone with the time and savvy to use these sites)If you are a buyer, then you should use these websites to find the property you are looking for. No responsible realtor will advise you otherwise. Once you find the perfect property, now the realtor can help you in a few ways:A good realtor understands the housing market, and they can tell you if a house is reasonably priced in comparison to similar sales or not. The realtor will help you with the negotiations. For one, should you go over or under the asking price? If you are trying to get a good deal, you will often get into a bidding war. At that time you don't want to lose because you big much lower than you wanted to and the seller was insulted by your bid.Even if your bid was rejected, a good realtor will maintain the relationship with the seller, so it could come back to you if the original bid is rejected for some reason.A good realtor can help with other aspects of the negotiations as well - what can you ask for? what should you ask for? what can you ask for but probably should not?Beyond the regulatory and procedural stuff, a good realtor gives you the same value as a lobbyist. The realtor's experience and knowledge give you a good base to confidently negotiate and get good value for your money. Buying a house can be very stressful, and each reduced headache really helps.
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What have real estate agents found to be the best online tools for getting leads?
Here's the thing....All of the tactics below work. And can get you great ROI. The question really is: "What do you want to do that can also get you real estate leads?"If you can't write 500 words, don't try to blog. If you can't be engaging on camera, don't make videos.Jim Roan said: How do you get a miracle going? It's all a matter of discipline. And it begins with one simple step: doing what you can do.Here are a few things that you "CAN" do to generate leads online. All of them have been tested and will work if you put in the time to master them.Attraction Marketing Through Blogging:Ryan runs a real estate blog over at raleighrealtyhomes .com. And within 6 months he got the website to generate around 10-12 leads per week for himself.Here's how he did that through consistent blogging, infographics, and social:Google Ads ZillowHave you ever tried Google Ads but found them too expensive?...I've been there. Here's a cool little trick to help you cut costs and get better leads:So... Zillow is going to hate me for this one.I literally just figured out the absolute EASIEST way you can swipe leads from Zillow for cheap.How much do you think an ad costs per click for: "Homes For Sale San Diego"Google keyword tool estimates about $2.94+ per click...That's pretty average (and kind of expensive!)Ok. . . How much do you think an ad costs per click for:"Zillow San Diego"HINT: Only $.40 cents per click! And do you know what's even better? 11x more people search forZILLOW!You can use keywords like this to drive clicks to your buyer and seller landing pages. This will help you amplify your lead gen greatly!!YouTube AdsFollow these 4 steps right now: 1.) Use your phone to record a quick 2minute video of you talking to sellers in your area about the market trends (see mine right here) and upload to youtube (most phones can do this automatically) 2.) Go to google adwords and create an account if you don’t have one. (This is not that scary! Just do it..) 3.) Click “Video” on the campaign tab to create a Youtube ad and add your video. 4.) Use these EXACT settings and save. YOU’RE DONE!! So what’s this gonna do for you? Your seller video will now be shown to viewers in your area. They are going to watch your video and a certain % will click your ad!Lock Down IDX SEO PagesYou can create Single Community Websites for your local home builders communities and easily get to page 1 of Google!This will help you gather way more leads online. Just publish useful text, photos and video of that area online. And then your page will rise to the top for these noncompetitive keywords. The key is finding communities that Zillow doesn't show up on the first page for.See these Quora Posts: How can I use LinkedIn to generate Real Estate leads?What is the most effective way to generate real estate SELLER leads?What are examples of successful real estate marketing campaigns using social media?Hope this helps!
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How can I buy real estate with my rollover IRA?
Yes, this is absolutely possible. You can do so by transferring your 401k into an IRA at one of the many self directed IRA custodians.(If you qualify to use a self-directed 401k, I strongly recommend that as a far superior alternative. The truly substantive reasons for that recommendation are here and here.)A previous comment said that most real estate people prefer not to keep real estate in a tax-deferred account. Indeed, there are some great reasons not to buy real estate in an IRA, but those reasons are only relevant in an academic context, as for many people, the capital they want to use to purchase real estate exists only inside the IRA, but not outside of it.If you don’t already have a clear idea of the type of property you’d like to purchase, I’d recommend that you consider turnkey rental property, which is simply an income producing rental property that you purchase with a paying tenant and professional property manager already in place.But to focus on the core of your question: YES, you absolutely can roll your 401k into an IRA capable of allowing you to acquire real estate, and it’s done every single day.
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I want to go door-to-door obtaining real estate leads to sell to agents. How can I do this, and what are the laws related to it?
You could set yourself up by registering a company specializing in market survey, statics and research. You would now farm an entire neighborhood in the following manner:-You would knock at the door and say something like this , and say it fast , " Good evening, my name is ___________ and I work for XYZ Market Research and Statistics, I am carrying out statical research in Bellvue in order that I may be able to assist Real Estate Professionals specializing in this neighborhood. I promise not to take up more than 2 minutes of your time and just need to ask you 6 simple questions. May I have your permission it won't take more than 2 minutes, please, thank you ? ".Since you are making a request and you've assured the occupant of the home about the brevity of time, the occupant will more then likely grant you your request. Here are the questions:-1. May I ask, do you own or rent this house ?2. May I ask, how long have you lived here ?3. May I ask, are you likely to sell your home in the next 3, 6, 9 or 12 months?If the occupant says "YES"4.May I ask if and when you do sell, which neighborhood are you planning to relocate to and what kind/style of a home are you likely to buy ?5. If you did relocate would you need the money from the proceeds of the sale of this home to upgrade to the new home ?6. And my last question is, May I have your name and is it possible for me to have your email address and phone number ? Now say, " Thank you very much for your cooperation, you've been very helpfull". Leave immediately ! If the man asks you how the market is or anything else, please refrain from answering but let the person know you'll reconnect with him in due course as you are only doing statistical surveys . Remember you are a survey/statistic company and not a real estate company .Those questions should be on a clip board with the answers. If you know how often home owners statistically relocate, all that information that you've gathered is 24 carat gold. If you market it professionally, you should find a buyer. The buying realtor may perhaps pay you contingent upon him being able to make a commission out of it.If let us say the owner is going to move in 6 months and you know the area where he will be moving to and the style/type of house he is going to want to buy, you've now got a lot of information. You also have his own current address, his name, his email address and phone number. All that is a lot of information for when a realtor would like to gauge the time to start soliciting business from the owner. If he is a renter a realtor could convert him into a buyer.All that information can be converted to large commissions. For your information I implemented that very survey and made lots of commissions for 10 years between 1986 and 1996 and was in the top 1 percent of real estate professionals in my city in Canada. I was however, carrying out the survey as a realtor .There were around 5,500 registered Realtors at that time and I personally do not know of anyone doing what I was doing. Bear in mind that doing what I was doing is labeled as a "COLD CALL".The key is to be suave and turn it into a "WARM CALL" just like I did. I had created a data base of 600 home owners and was doing an average of 8 deals a month. Hope you can find real estate agents who see value in your work. I would. Good Luck.Now go and get lucky.!
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Are there any startups in the car sales industry?
We are AutoInsight (https://autoinsight.io) and we help used car buyers shop with confidence. We think more can be done to help bring more transparency to a private used car transaction. It's a great way to save some money if you know what you're getting yourself into but you can just as easily get stuck with a lemon. It is really hard for buyers to determine whether a car is worth buying or not. At the minimum, every car buyer need to go through these steps before purchasing.1) Take the car to a mechanic for inspection2) Buy a car history report3) Appraise the car based on information from KBB, Edmunds, and all the information gathered from the steps aboveFor a lot of people, this process can be quite daunting. That's why we want to help buyers thoroughly inspect the car in the quickest and simplest way possible so they have all the information they need before they make a decision. Our app provide car buyers with a reliable appraisal based on data from http://Edmunds.com and National Motor Vehicle Title Information (NMVTIS). We can also analyze diagnostic data from the standard OBD port to let users know about the internal working condition of the car and warn you of any problems, similar to what mechanics do when you take your car for an inspection. We have analyzed data from thousands of cars and our proprietary algorithm can predict the likelihood of any major repairs within a year. Something your local mechanic probably won't be able to tell you.
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People also ask real estate counter offer template
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Does a counter offer need to be in writing?
The buyer may accept, counter, or withdraw. They are not obligated to purchase because they made an offer. However, if the seller takes the counter offer, you are likely legally bound to go through with the dEval. So you must be entirely sure you are comfortable with your offer.
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How do you write a counter offer for rEval estate?
Step 1: Study The Buyer's Original Offer. It is obvious that the buyer always quotes the price very low from the original tag in the initial purchase offer. ... Step 2: Address Your Concerns. ... Step 3: Connect With the Buyer Personally. ... Step 4: Let Them Know How Serious You Are. ... Step 5: Keep It Short. ... Step 6: Stick To The Format.
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How long should you wait to counter offer on a house?
You can let the seller know now that the offer will expire in 12 hours, 24 hours, 2 days or whatever you wish. Otherwise, the seller can just sit on your offer waiting for something better to come along. The time the sellers have to counter varies state by state. In general though, 3 days is usually what is customary.
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Can you counter a counter offer?
The sale price is the most commonly changed item in the seller-to-buyer counter offer. ... But if they give you a counter offer below the original list price, the negotiations are on. You can then choose to accept the seller's proposal or make another counter offer back to them.
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How long does it take to get a counter offer on a house?
The time the sellers have to counter varies state by state. In general though, 3 days is usually what is customary. If you are trying to buy a short sale or foreclosure though the time period is much longer. Typically, 45 days but it can take months.
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