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Home » Resources » Forms and Agreements » Forms and Agreements By Courses » Pretty House Terms Cash Flow System

Pretty House Terms Cash Flow System

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

Revised 12/06/2019 Amendment to Extend Closing

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 »

Lessee CYA Form

Lessee CYA Form This form must be signed by all tenant buyers in front of your attorney at lease option closing. Send it to your attorney for review when ready and make him/her aware it’ll be used at every tenant … 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

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

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

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 »

Loan Calculator with Balloon Payments

Revised 04/28/2014 Loan Calculator with Balloon Payments

Cost To Sell Worksheet

What You Will Net If You List, Market, & Sell Through a Realtor Continue reading Read more »

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 »

Your Next Step

Revised 04/28/2014 Your Next Step

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

Rental Contract

Revised 04/28/2014 Rental Contract

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

Protection Clauses

Revised 04/28/2014 Protection Clauses

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

Land Installment Contract – Selling

Revised 04/28/2014 Land Installment Contract – Selling

Land Installment Contract – Buying

Revised 04/28/2014 Land Installment Contract – Buying

Instructions – Read Me First

Revised 04/28/2014 Instructions – Read Me First

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 Rents and Leases

Revised 04/28/2014 Assignment of Rents and Leases

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 for Deed – Selling

Revised 04/28/2014 Agreement for Deed – Selling

Agreement for Deed – Buying

Revised 04/28/2014 Agreement for Deed – Buying

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

Limited Power of Attorney – Canada

Revised 04/28/2014 Limited Power of Attorney – Canada

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

Application Receipt Agreement – Canada

Revised 04/28/2014 Applicant Receipt Agreement – Canada

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 »

Your Next Step – Canada

Revised 04/28/2014 Your Next Step

Short Form Lease Option Agreement with Sellers – Canada

Revised 01/19/2015 Lease Agreement with Option to Purchase Real Estate – Canada

Applicant Information Sheet – Canada

Revised 04/28/2014 Applicant Information Sheet – Canada

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