Posted by paul Believe it or not, I do understand that title companies aren't there to make things legal. I guess I should have used the words to make sure things go smoothly. My real fear is making sure that I have the paperwork taken care of correctly so that one deal doesn't conflict with the other deal, that the funds are moved from my buyer to the original seller, and that I don't forget anything, analysis pralysis. Though I am well aware that finding and closing a deal like this will take a lot of hard work, I am very sure of my ability to convey the benefits and am persistent enough to make it work. I purchased your creative financing, and forms kit. I will go over these with a fine tooth comb and see what I learn. I am actually in the process of selling one of my investment properties in Indianapolis and am trying to do it using a lease option with no credit check. I am confused about one thing that you wrote in your response. You talked of contracts for deed and contracts for sale as if they were something different. "Flipping Properties" by William Bronchick uses the words interchangeably. The definition of Installment Land Contracts says that they are also known as both contract for deed and sale. Is one of these actually a Lease option? I am sure I will understand the difference after reading the material I just received in the mail. Anyway, thanks for your help. P.S. My parents purchased these books for me as a Christmas gift and told me they just loved your wife.
on 1/9/2004, 4:49 pm, in reply to "Re: Offer"
205.188.208.165
Thanks for taking the time to go into so much detail.
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