real estate purchase agreement

General Real Estate Investing
1

I want to use Carlten Sheets purchase agreement are there any loop holes that I need to be aware of?

2

I am a big sheets fan but found the Sheet’s form a bit generic. It has to appeal to all state and all types of investors.

Try and get your hands on a purchase contract form a local Realtor. It still has to be filled out correctly. I think it will be more widely accepted by a seller in your area that the Sheet’s form.

I can send you a blank sample of a Connecticut Purchase contract to compare to the Sheets one. If you think that will help. Message me.

JeffInCT

3

So what type of contract should we use if we are not working with a Realtor? I’ve heard the office store type are not always good, so what are we to do?

4

You can still use an Illinois realtor association contract. I got my hands on a few from Ct and just used those. Next time you talk to a realto, just ask what one looks like. It’s not a guarded secret.

5

fireman,

Jeff says in his reply, “Try and get your hands on a purchase contract form a local Realtor.”…most times, all you need to do is ask one for a copy.

I concur. If the local Realtors are using them, then you know that every lawyer within range has already looked at them.

Keith