CREDIT REPAIR
2.02_ADD_ACCOUNT_INFORMATION.DOC 2.03_REMOVE_SPOUSES_INFORMATION.DOC 2.04_DISPUTE_INFORMATION_ON_REPORT.DOC 2.05_30_DAY_FOLLOW_UP.DOC 2.06_REPORT_SPOUSES_INFORMATION.DOC 2.07_DISPUTE_CHARGE.DOC 2.08_DISPUTE_INFORMATION_ON_ACCOUNT.DOC 2.09_DISPUTE_AMOUNT_OWED.DOC 2.10_NEGOTIATE_PAYMENT_OF_CHARGE_OFF.DOC 2.11_PAYMENT_OF_CHARGE_OFF.DOC 2.12_COMPLAINT_TO_FED_OR_ST_AGENCY.DOC
BUYING FROM AGENTS, REO BANKERS AND PRIVATE SELLERS
3.01_STANDARD_PURCHASE_AND_SALE_AGREEMENT.DOC 3.02_MEMORANDUM.DOC
SELLING PROPERTIES BUILT PRIOR TO 1978
3.03_LEAD_BASED_PAINT_DISCLOSURE.DOC
WHOLESALING AGREEMENTS
3.04_ASSIGNMENT_OF_CONTRACT.DOC 2 uses – assign the agreement right away, not at closing; and at closing, not now. For Wholesaling-Flipping 3.05 and 3.06 - 2 sample HUD1 Statements for Double Escrow Flip 3.07 and 3.08 - 2 sample HUD1 Statements for REOs 3.09_AUTHORIZATION_TO_RELEASE_LOAN_APL_STATUS.DOC Allows you to check up on new buyer’s financing, allows you to get a back-up buyer.
RETAILING AGREEMENTS
3.10_INDEPENDANT_CONTRACTOR_AGREEMENT.DOC For Repairmen and Contractors to repair property 3.11_ADDENDUM_TO_LISTING_AGREEMENT.DOC When you LIST a property with an Agent to Sell-Flip on a Retail Deal SELLING PROPERTIES BUILT PRIOR TO 1978 3.03_LEAD_BASED_PAINT_DISCLOSURE.DOC 3.12_AUTHORIZATION_TO_RELEASE_LOAN_APL_STATUS.DOC Allows you to check up on new buyer’s financing, allows you to get a back-up buyer.
SUB2 Deal
3.01_STANDARD_PURCHASE_AND_SALE_AGREEMENT.DOC 3.13_SUBJECT_TO_ADDENDUM.DOC Addendum for Sub2; DOS Disclosure; You are not assuming the Loan; Sale gives rise to the DOS Clause; Make seller aware there are consequences that COULD arise because of the sale. 3.14_QUIT_CLAIM_DEED_TO_TRUSTEE.DOC Quit Claim from Seller into a trust for his benefit, then have seller assign their beneficial interest to you; avoids you taking property in your own name-personal liability for the property; avoids foreclosure proceedings. 3.15_AUTHORIZATION_TO_RELEASE_MORTGAGE_INFORMATION.DOC Seller’s loan is not in your name. Get authority to get info from Mortgage Company. 3.16_LIMITED_POWER_OF_ATTORNEY.DOC Gives you the power to sign documents for the property on behalf of the seller. Might need a signature from a Title Co or Lender in the future. 3.17_LETTER_ADD_ADDITIONALLY_INSURED.DOC Adds (as Trustee of Land Trust) as an additional payee in case of a loss. You are the beneficiary of the Land Trust. 3.18_ESCROW_LETTER.DOC Seller gives away to you any remaining Escrow Balance (taxes and insurance escrow). 3.19_LETTER_TO_MORTGAGE_COMPANY_REGARDING_LOAN_ACCELERATION.DOC ONLY IF THE BANK EXERCISES THE DOS CLAUSE
SELLER HELD MORTGAGES
3.20_MORTGAGE.DOC Standard FNMA Mortgage 3.21_MORTGAGE_NOTE.DOC Standard FNMA Note 3.22_WRAP_AROUND_MORTGAGE_RIDER.DOC Included with Mortgage if Old First has a balance owed. 3.23_AGREEMENT_FOR_DEED.DOC Installment Sale, when purchasing, NEVER WHEN SELLING 3.24_AUTHORIZATION_TO_RELEASE_MORTGAGE_INFORMATION.DOC To check if the Bank is being paid by the owner if there is a loan in place; not the same as 3.15. 3.25_COLLECTION_ACCOUNT_AGREEMENT.DOC An alternative to paying to Seller, to make sure the Bank is being paid. 3.26_LETTER_ADD_ADDITIONALLY_INSURED.DOC Adds you as an additional payee in case of a loss.
LEASE OPTIONS LEASE OPTIONS WHEN BUYING
3.27_LEASE_OPTION_AGREEMENT_FOR_BUYING.DOC You are the Buyer. 3.02_MEMORANDUM.DOC To protect your Option and your lease 3.28_COLLECTION_ACCOUNT_AGREEMENT.DOC Make sure the underlying loan gets paid. 3.29_LEASE_OPTION_DEPOSIT_RECEIPT.DOC Receipt for Deposit; Possible Deposit Installment payments to Owner. 3.30_LETTER_ADD_ADDITIONALLY_INSURED.DOC Adds you as an additional payee in case of a loss. 3.31_NOTICE_TO_RENEW_LEASE_OPTION.DOC Gives you the right to renew the Option from the Owner 3.32_NOTICE_TO_EXERCISE_PURCHASE_OPTION.DOC Letter to send to the seller when you want to exercise your Purchase Option
WHEN SELLING UNDER THE LEASE OPTION
3.33_STANDARD_LEASE_AGREEMENT.DOC Tenant Buyer’s Lease (no option) 3.34_TENANTS_PURCHASE_OPTION.DOC Tenant Buyer’s Option (no lease) 3.35_REPAIR_ADDENDUM_TO_TENANTS_PURCHASE_OPTION.DOC When you as seller are reimbursing the tenant buyer for supplies; you will be loaning them money. 3.36_REPAIR_ADDENDUM_TO_TENANTS_PURCHASE_OPTION.DOC The supplies are paid by Tenant buyer. 3.37_TENANTS_LEASE_DEPOSIT_RECEIPT.DOC Lease Deposit Receipt 3.38_RECIEPT_FOR_TENANTS_NONREFUNDABLE_OPTION_FEE.DOC Receipt for Option Fee (non-refundable) 3.39_AUTHORIZATION_TO_RELEASE_LOAN_APL_STATUS.DOC Get Info about Tenant Buyer’s Financing for Mortgage
STANDARD OPTIONS – Option Flip
3.40_STANDARD_OPTION.DOC Option to Resell for Owner 3.02_MEMORANDUM.DOC Protects your option 3.41_NOTICE_TO_EXERCISE_OPTION.DOC Once you have found a Buyer
LANDLORDING
3.42_RENTAL APPLICATION.DOC For Tenant 3.43_RENTAL_APPLICATION_DENIAL_LETTER.DOC For Tenant 3.44_STANDARD_LEASE_AGREEMENT.DOC For Tenant
3.45_STANDARD_LEASE_DEPOSIT_RECEIPT.DOC For Tenant 3.46_MOVE_IN_OUT_FORM.DOC For Tenant 3.47_ITEMIZED_SECURITY_DEPSOIT_DEDUCTIONS.DOC For Tenant 3.48_PREPAYMENT_RENT_DISCOUNT.DOC For Tenant 3.49_NOTICE_OF_PAST_DUE_RENT.DOC For Tenant
SHORT SALES
3.50_SHORT_SALE_DISCLOSURE.DOC CYA Doc from Owner to you. 3.51_QUIT_CLAIM_DEED_TO_TRUSTEE.DOC Get the Deed or put the Deed into escrow. 2 Different Sale and Purchase Agreements; you have a Purch and Sale for REO Lender, and a Purch and Sale for a Sub2 Deal. 3.01_STANDARD_PURCHASE_AND_SALE_AGREEMENT.DOC For REO – Discount Loan Balance 3.01_STANDARD_PURCHASE_AND_SALE_AGREEMENT.DOC If Bank Refuses to Discount 3.13_SUBJECT_TO_ADDENDUM.DOC Addendum for Sub2; DOS Disclosure; You are not assuming the Loan; Sale gives rise to the DOS Clause; Make seller aware there are consequences that COULD arise because of the sale. 3.52_BILL_OF_SALE.DOC For Moving Money, such as the sale of personal items; Lender will not allow the seller to get cash as part of the sale. These funds will not be part of the HUD 1 Statement. 3.18_ESCROW_LETTER.DOC Seller gives away to you any remaining Escrow Balance (taxes and insurance escrow). 3.53_SAMPLE_HARDSHIP_LETTER.DOC An example only; have the seller HANDWRITE this letter. 3.54_AUTHORIZATION_SHORT_SALE.DOC For Lender 3.55_LIMITED_POWER_OF_ATTORNEY.DOC For Lender 3.57_SAMPLE_COVER_LETTER.DOC For the Short Sale Package HUD1 Settlement Statement (needed) 3.58_SAMPLE_COUNTER_OFFER_FAX.DOC For Lender If Short Sale fails, do a SUB2.
LAND TRUSTS
3.59_LAND_TRUST_AGREEMENT.DOC Actual Land Trust Agreement 3.60_WARANTEE_DEED_TO_TRUSTEE.DOC Says the property is put into a Land Trust 3.61_BENEFICIARIES_AGREEMENT.DOC Close to Joint Venture Agreement 3.68. Par 10 discusses Beneficiaries Interests; can be used when partnering under a land trust. 3.62_ASSIGNMENT_OF_BENEFICIAL_INTEREST.DOC When Selling a Land Trust Property 3.63_LETTER_OF_DIRECTION_TO_TRUSTEE.DOC When you want the Trustee to do something 3.64_RESIGNATION_OF_TRUSTEE.DOC If you want a new Trustee or Trustee wishes to resign 3.65_TERMINATION_OF_TRUSTEE.DOC To fire a Trustee 3.66_APPOINTMENT_OF_SUCCESSOR_TRUSTEE.DOC For new Trustee 3.67_TRUSTEES_AFFIDAVIT.DOC States to closing agent that the Trust is still in “Full Force and Effect”; Trustee still has powers under the Trust to sign documents.
JOINT VENTURE FORMS
3.68_JOINT_VENTURE_AGREEMENT.DOC Just like 3.61 Beneficiaries Agreement but does not have Beneficiary Provisions in Par 10. 3.69_LIMITED_PARTNERSHIP_AGREEMENT.DOC Use on larger investments and more long term investments.
PRIVATE LENDER FORMS
4.01_LETTER_TO_FORECLOSING_PRIVATE_LENDER.DOC 4.02_LETTER_TO_RECORDED_PRIVATE_LENDER.DOC 4.03_INVESTOR_INFORMATION_WORKSHEET.DOC
FINDING PROPERTIES - PROSPECTING
5.01_Sample Business Cards 5.02_LETTER_TO_EXPIRED_LISTINGS.DOC To Owner 5.03_LETTER_TO_PRE-FORECLOSURES.DOC To Owner 5.04_VACANT_PROPERTY_WORKSHEET.DOC 5.05_VACANT_PROPERTY_NOTICE.DOC Attach to Building 5.06_VACANT_PROPERTY_DOOR_HANGER_FLIER.DOC Attach to Building 5.07_VACANT_PROPERTY_LETTER.DOC To Owner 5.08_VACANT_PROPERTY_LETTER_TO_OUT_OF_TOWN_OWNER.DOC To Owner 5.09_CONDEMNED_PROPERTY_LETTER.DOC To Owner 5.10_TAX_SALE_LETTER.DOC To Owner 5.11_PROBATE_FILE_WORKSHEET.DOC 5.12_PERSONAL_REPRESENTATIVE_LETTER.DOC To Personal Representative 5.13_PROBATE_ATTORNEY_LETTER.DOC To Probate Attorney 5.14_EVICTION_LISTING_WORKSHEET.DOC 5.15_EVICTION_LISTING_LETTER.DOC To Landlord 5.16_PROPERTY_INFORMATION_WORKSHEET.DOC For All Properties 5.17_QUESTIONAIRE_CHECKLIST.DOC For Motivated Sellers 5.18_REPAIR_ESTMATE_WORKSHEET.DOC For Rehabs 5.19_PROPERTY_VALUE_WORKSHEET.DOC For Comps 5.20_OFFER_CALCULATION_WORKSHEET.DOC What to Offer 5.21_CASH_FLOW_ANALYSIS_WORKSHEET.DOC Cash Flow Analysis 5.22_SAMPLE_FAX_OFFER_LETTER.DOC To Real Estate Agent 5.23_PROPERTY_MARKETING_LOG.DOC When Selling Property or RTO 5.24_BUYER_PRE-QUALIFICATION_WORKSHEET.DOC For Buyers or Tenant Buyers