Welcome to BRAG Radio leading the world to be rich and generous.
For the next hour, best sell real estate investing author Larry Goins & Co-Host Kandas, will show you the many ways real estate creates the I.D.E.A.L. investment. Whether you want to Flip houses or become a passive investor making double-digit returns while others do all the work. You will learn how here on BRAG Radio.
In today's show, Larry and Kandas discuss about the importance of understanding contracts and paper works. They talk about contracts when buying properties, selling properties, lease options, leases and options, and a lot more.
What the hosts have been up to
Importance of understanding the contracts you are signing
Understanding option fees and option contracts
Difference between a contract and an option
What happens if the option expires
Another type of lease option
Land contracts and seller financing
3 different ways for a seller to finance a property - Mortgage
- Deed of trust
- Land contract
Things buyers should be aware of
Being Rich and Generous Portion: Carly
“If you think education is expensive, try the cost of ignorance.”
“You need to understand what you’re signing.”
“An option gives you the right but not the obligation to buy a property.”