Hi! It's Lou Brown.
With another one of my powerful 101 ways
for real estate investors like you to
win, close more deals and
accelerate your cash flows.
Today's tip is number
19.
Build an extension into
your contract. Now,
build an extension into your
contract. What does that mean?
So I've been talking in this series a
bit about a thing called a standard real
estate purchase and sale agreement.
And I've seen what sellers do and I've
seen when they don't do what they're
supposed to do.
And I've seen that they can pull back on
you and cause you a lot of expense and
a lot of loss of money because you
could have gotten a title search,
you could have spent money getting a
survey. Maybe you had the home inspected,
it's a lot, it's a lot.
You could have invested by the
time you get to the closing.
Well what if they just wait you out?
What if they waited to the date of
expiration of your contract and all of a
sudden you lose and they win because
they all intended to do is to sell it to
somebody else who was
offering a more money. Well,
what if you had the never ending
contract? And I've got a great clause,
a clause number six in my purchase
and sale agreement, it says,
"Title examination, place
and time of closing.
If title evidence and survey show
seller is vested with a good clear and
marketable title subject to permitted
title exceptions contained in a national
title insurance company commitment at
its standard rates permitted exceptions
for restrictive covenants, leases, survey,
current taxes, zoning ordinances
and easements of record,
the transaction will be closed and the
deed and other closing papers delivered
on or before the blank date of blank
and that's the year plus any extensions
necessary in order to
complete the paperwork".
Now I've got some other things in here,
but the important thing is we just created
what I love to call the never ending
contract. And it's built
into the paperwork.
If you'd like to have that contract,
if you'd like to have
my whole buying system,
I can tell you that it has
certainly changed my life.
It's what I've been using for years.
It's what my licensees all
across America in all 50 states.
Use this amazing contract.
You can find out more about that
by going to StreetSmartInvestor.com
go to tools and click
on buying volume one.
Love to get you on board and
give you also as a bonus.
Two tickets to my upcoming
Millionaire Jumpstart.
I hope you enjoy this.
I hope you'll use it.
I hope it will make a
difference in your profits.
I'd love to share more of my
profitable free tips with you.
How can you get more? Well, depending
on where you're seeing this.
Please like it. Please love
it. Comment on it. Share it.
Subscribe. Let others know about us.
And thank you for watching. And I
hope to see you soon. Yeah, baby!
