Quick Start Real Estate School
The Live Bus Tour is Returning For the November 19th – 22nd Quick Start Real Estate School!
Join Ron’s Quick Start Real Estate School this November 19th – 22nd in Jacksonville! Call 888-733-3570 to register Highlights: • LIVE Bus Tour: Tour bank-owned properties (ONLY at the November Quick Start Real Estate School)• Hands-on training: Process leads, make … Read more »
New Clause for Contract Assignment – 2023/6/16
We have breaking news regarding assigning contracts that you won’t want to miss. In recent state-level developments, certain states are implementing new regulations around contract assignments, potentially requiring a license in order to proceed. Watch the video below to understand … Read more »
Foreclosure Lead Property Information Sheet
Lead Property Information Sheet (v1.5) Need help filling it out? Ron has a lesson on completing the lead property information sheet. Watch The Lead Sheet Lesson
Amendment to Extend Closing Expiration Date
Use this addendum to extend the contract expiration date on an existing Purchase and Sale Agreement. ADDENDUM TO REAL ESTATE PURCHASE & SALE AGREEMENT: The undersigned parties to a Purchase & Sale Agreement entered into on ____ by and between … Read more »
3-Day Eviction Notice
Download 3-Day Eviction Notice (Word Doc) DISCLAIMER: Eviction laws vary wildly from state to state with language, delivery, and time-frame requirements. You MUST consult your local attorney before using this form in your state. Updated 2018-08-21
Real Estate Partnership Agreement
The following agreement is designed for a partnership on one house where one person does all the work and the other puts up the money. You may use it if you wish, especially on your first deal. If you continue … Read more »
Lease Option Paragraph 3 Replacement
Use this language as a replacement for paragraph 3 of the lease-option agreement if your intent is to find a buyer before you commit to making a payment. This is applicable on a sandwich lease-option or an ACTS deal. (Updated … Read more »
Option To Purchase When Buying
This agreement is a straight option to buy a house without a lease. Revised 10/27/2014 Option To Purchase When Buying
Exhibit C…
…no longer exists! As time keeps ticking, we regularly make updates to our forms and agreements based on attorney recommendations. Exhibit C has been rolled into the newer form, Real Estate Purchase Option Agreement which you can find below. Please … Read more »
General Release for Seller When Assigning Lease – ACTS Only
A “General Release” releasing you of liability. Your attorney should close this transaction and prepare a statement for the seller to accept the release and acknowledging approval of transaction. Revised 05/02/2014 GENERAL RELEASE SELLER when assigning lease – ACTS only
General Release for Buyer When Closing Lease Option – ACTS Only
A General Release releasing you of liability. Your attorney should close this transaction and prepare a statement for the buyer to accept the release and acknowledging approval of transaction. Revised 05/02/2014 GENERAL RELEASE BUYER when closing lease option – ACTS … Read more »
Contingency Clauses
You may not always need these clauses, but they’re here in case they apply to your situation. Revised 05/02/2014 Contingency Clauses
Short Sale Addendum (CYA)
This form is for apparent short sales. Revised 05/02/2014 Short Sale Addendum
Owner Occupant Buyers
This form helps organize the information you have on possible buyers. Revised 04/28/2014 Owner Occupant Buyers
Investor Buyer Sheet
This form gives you a script with questions to lead the conversation with a buyer. Revised 04/28/2014 Investor Buyer Sheet
Wholesale/Retail Property Inspection Summary
This easy to use form should help you organize any repair needs you might have. Revised 04/28/2014 Property Inspection Summary
Down Payment Assistance Program
This gives an option to tenant/buyers to pay in extra money each month to be applied to their down payment. Revised 04/28/2014 Down Payment Assistance
Management Letter to Get Lender to Send You Notices and Payment Book
Management letter to get lender to send you notices and payment book. Revised 05/02/2014 Management Letter to Lender
Disclosure Regarding Real Estate Transactions CYA
This document serves as an explanation and disclosure regarding your property. Revised 08/24/2018 Disclosure Regarding Real Estate Transactions
Standard Purchase and Sales Agreement
Use to purchase a house on terms. Standard Purchase and Sales Agreement Version 1.5 Standard Purchase and Sales Agreement (Spanish) Version 1.5 Use to purchase a house with all cash. Standard Purchase and Sales Agreement – All Cash Revised 11/2023
Lease Option Agreement with Buyers
Use these when installing a tenant buyer on a sandwich lease ACTS deal, or house you own. Revised 09/28/2017 Real Property Possession and Lease Agreement Real Estate Purchase Option Agreement
Radon Gas, Lead Paint and Mold Addendum
Radon Gas, Lead Paint and Mold Addendum Revised 05/02/2014 Radon Gas, Lead Paint, Mold Addendum
Down Payment Addendum
Option purchase price credit to down payment addendum. Revised 05/02/2014 Down Payment Addendum
Buyer’s Disclosure
Option Agreement – Option Buyer’s Disclosure Form Revised 05/02/2014 Buyer’s Disclosure
Subject-To Deal Checklist
Use this checklist for the document and administrative requirements when doing a Subject-to deal. Revised 01/14/2015 Subject-To
Owner Financing Deal Checklist
Use this checklist for the document and administrative requirements when doing an Owner Financing deal. Revised 01/14/2015 Owner Financing
Cash Deal Checklist
Use this checklist for the document and administrative requirements when doing a CASH deal. Revised 01/14/2015 Cash Deal Checklist
ACTS Deal Checklist
Use this checklist for the document and administrative requirements when doing an ACTS deal. Revised 01/14/2015 ACTS Checklist
Letter of Agreement and Addendum – CYA Purchase
Use this if payments are current. Revised 04/28/2014 Letter of Agreement and Addendum – CYA Purchase
Paper Trust Agreement
Anytime you’re selling a property or making a loan to a borrower, you should take ownership of that debt instrument in a paper trust. This applies to land contracts, unencumbered mortgages, promissory notes or single debt payments. This gives you … Read more »
ACTS Lease Exhibit A
Use this form when assigning to tenant/buyer and rent is not fixed. Revised 04/28/2014 ACTS Lease Exhibit A
PAM Chart
The Property Analysis Matrix is a chart that quickly allows you to find the correct exit strategy for any deal within 8 seconds. This chart could easily save you thousands of dollars by keeping you from losing a deal. Revised … Read more »
Cost To Sell Worksheet
What You Will Net If You List, Market, & Sell Through a Realtor Continue reading Read more »
Contractor Proposal Form and Work List
Simple contractor proposal form and work list ensures you gather all the necessary information, pricing and completion dates. Revised 04/28/2014 Contractor Proposal and Work List form
Assignment
A form to to declare an assignment between you and a buyer. Revised 04/28/2014 Assignment
Short Form Lease Option Agreement with Sellers
Agreement to lease and option the house from seller if you intend to stay in the deal. Revised 01/19/2015 Lease Agreement with Option to Purchase Real Estate
Notice of Real Estate Option Agreement
A recordable document to deed seller’s title once an option is signed. Revised 05/02/2014 Notice of Real Estate Option Agreement
Agreement and General Release
A “General Release” releasing you of liability. Your attorney should close this transaction and prepare a statement for the seller to accept the release and acknowledging approval of transaction. Your attorney will collect the balance of your fee at closing … Read more »
Warranty Deed to Trustee
This is the deed that transfers title into a Trust. Revised 04/23/2018 Warranty Deed to Trustee
Seller’s Acknowledgement (CYA)
This letter confirms that the seller fully understands that you are a real estate investor and that you intend to make a profit with a long list of other understandings. Revised 1/10/2018 Seller’s Acknowledgements
Release of Lien for Contractors
This is a form to release a contractor lien on a property. Revised 04/28/2014 Release of Lien for Contractors
Partial Release of Judgment
This form releases a judgment from a property. It does not release the debtor. Revised 04/28/2014 Partial Release of Judgment
Limited Power of Attorney
This form gives you limited power of attorney on matters relative to a property. Revised 04/28/2014 Limited Power of Attorney
Letter of Agreement and Addendum – CYA Sale
Revised 04/28/2014 Letter of Agreement and Addendum – CYA Sale
Lead Property Information Sheet
Lead Property Information Sheet (v1.5) Script Guide (version 1.9) Need help filling it out? Ron has a lesson on completing the lead property information sheet. Watch The Lead Sheet Lesson
Escrow Letter
Have signed anytime you are assuming or taking a loan “Subject To” that has an escrow account. Revised 04/28/2014 Escrow Letter
Certificate of Election of Successor Trustee
This form resigns the trustee of your company. Revised 12/21/2015 CERTIFICATE OF ELECTION OF SUCCESSOR TRUSTEE
Certificate of Appointment of Successor Trustee
This form appoints a successor trustee. Revised 04/28/2014 Certificate of Appointment of Successor Trustee
Authorization to Release Information
You must get this to allow the lender to communicate with you. Revised 12/02/2014 Authorization To Release Information
Assignment of Contract for Purchase and Sale
Use to assign any contract to purchase. Version 2.0 Assignment of Contract for Purchase and Sale
Assignment of Beneficial Interest in Trust
This is completed only if you transfer beneficial interest in the trust. Revised 04/28/2014 Assignment of Beneficial Interest in Trust
Applicant Receipt Agreement
A form which acknowledges your receiving of an application with a deposit. Revised 04/28/2014 Applicant Receipt Agreement
Applicant Information Sheet
A form to assess income and credit score about an applicant. Revised version 1.5 Applicant Information Sheet
Agreement and Declaration of Trust (Land Trust)
Use this trust for ownership of property if your IRA will actually own it. Make your IRA the beneficiary instead of yourself. (Revised 04/23/2018) Agreement and Declaration of Trust
Addendum to Option to Purchase Agreement
This addendum is used to automatically extend the term of the option agreement in the case you find a buyer to give enough time for closing. It also terminates the option agreement in the case the seller’s agent finds a … Read more »
Addendum for Possession After Closing
Use if seller intends to remain in the house after closing and you are giving them the money. Revised 04/28/2014 Addendum for Possession After Closing
Escrow Letter – Canada
This Escrow Letter asks the lender to apply escrow balance to the loan balance when you pay them off. Revised 04/28/2014 Escrow Letter – Canada
Down Payment Assistance Program – Canada
Revised 04/28/2014 Down Payment Assistance Program – Canada
Authorization to Release Information – Canada
This form give you seller’s permission to get information on their loan. Revised 04/28/2014 Authorization to Release Information
Affidavit and Memorandum of Agreement Concerning Real Estate
This affidavit should be recorded only when you may have a problem with a seller not closing on their contact. Revised 04/28/2014 Affidavit and Memorandum of Agreement Concerning Real Estate (Word document)
Addendum for Possession After Closing – Canada
Clearly spells out when the seller will be out and the penalty if they’re not. This isn’t mandatory but will cost you not to get it anytime the seller gets all their money before they move. Not necessary if seller … Read more »
Ontario Agreement For Sale – Canada
Revised 04/28/2014 Facts Report – Download Ontario Agreement For Sale to Buy Form –Download
Notice of Substitution of Collateral – Canada
Revised 04/28/2014 Notice of Substitution of Collateral
Short Form Lease Option Agreement with Sellers – Canada
Revised 01/19/2015 Lease Agreement with Option to Purchase Real Estate – Canada
