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.

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Understanding Contracts and Paper works

SHOW SUMMARY:

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.

SHOW HIGHLIGHTS:

  • 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

QUOTES:

  • “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.”

RESOURCES AND LINKS FROM THIS SHOW: