contract for deeds

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Contract for Deeds

1Contract for DeedsAn old solution to todays real estate problems

2Seller troubles3Real Estate Troubles- Sellers -4Real Estate Troubles- Sellers -5Real Estate Troubles- Sellers -6BUYer troubles7Real Estate Troubles- Buyers -8Real Estate Troubles- Buyers -9Real Estate Troubles- Buyers -10A solution: contract for deeds11Contract for DeedAdvantages12Contract for DeedAdvantages13Contract for DeedAdvantages14Contract for DeedAdvantages15ROLE OF REAL ESTATE agent16Market property

A vital part of the team Real Estate Agent 17Market property

Help find target buyersA vital part of the team Real Estate Agent 18Work with attorney in drafting purchase agreement or counter

Market property

Help find target buyersA vital part of the team Real Estate Agent 19ROLE OF attorney20Explain advantage and risks to client

A vital part of the team Attorney 21Explain advantage and risks to client

Explain options to minimize riskA vital part of the team Attorney 22Work with real estate agent in drafting purchase agreement or counter

Explain advantage and risks to client

Explain options to minimize riskA vital part of the team Attorney 23Work with real estate agent in drafting purchase agreement or counter

Explain advantage and risks to client

Explain options to minimize riskA vital part of the team Attorney Review Title Work and Closing Documents (for buyers) 24Work with real estate agent in drafting purchase agreement or counter

Explain advantage and risks to client

Explain options to minimize riskA vital part of the team Attorney Review Title Work and Closing Documents (for buyers) Draft Contract for Deed and closing Documents (for sellers) 25ROLE OF financial planner26

Analyze Sellers Financial Position to Offer Contract for Deed

A vital part of the team Financial Planner 27

Analyze Sellers Financial Position to Offer Contract for Deed

Help Structure Payment TermsA vital part of the team Financial Planner 28ROLE OF CPA29Analyze How Contract for Deed Will Impact Sellers Tax Position

A vital part of the team CPA

30Analyze How Contract for Deed Will Impact Sellers Tax Position

Help Structure Payment Terms To Maximize Tax PositionA vital part of the team CPA

31Flow of contract for deed transaction32Seller Flow ChartThis chart shows the flow of a Contract for Deed transaction from a sellers prospective.

33Seller Flow ChartThis chart shows the flow of a Contract for Deed transaction from a sellers prospective.

34Seller Flow ChartThis chart shows the flow of a Contract for Deed transaction from a sellers prospective.

35Seller Flow ChartThis chart shows the flow of a Contract for Deed transaction from a sellers prospective.

36Seller Flow ChartThis chart shows the flow of a Contract for Deed transaction from a sellers prospective.

37Seller Flow ChartThis chart shows the flow of a Contract for Deed transaction from a sellers prospective.

38Buyer Flow ChartThis chart shows the flow of a Contract for Deed transaction from a buyers prospective.

39Buyer Flow ChartThis chart shows the flow of a Contract for Deed transaction from a buyers prospective.

40Buyer Flow ChartThis chart shows the flow of a Contract for Deed transaction from a buyers prospective.

41Buyer Flow ChartThis chart shows the flow of a Contract for Deed transaction from a buyers prospective.

42Buyer Flow ChartThis chart shows the flow of a Contract for Deed transaction from a buyers prospective.

43Buyer Flow ChartThis chart shows the flow of a Contract for Deed transaction from a buyers prospective.

44keys to minimizing risks45Not all contract for deeds are the same! Hire an attorney to draft one that favors and protects you.Three Ways to Reduce Risk to Seller

46Not all contract for deeds are the same! Hire an attorney to draft one that favors and protects you.Skin in the game. The greater the down payment, the less risk of buyer default.Three Ways to Reduce Risk to Seller

47Not all contract for deeds are the same! Hire an attorney to draft one that favors and protects you.Skin in the game. The greater the down payment, the less risk of buyer default.Not all buyers are the same. Screen the buyer to make sure that you are willing to take a risk on them.Three Ways to Reduce Risk to Seller

48Not all contract for deeds are the same! Hire an attorney to draft one that favors and protects you.Three Ways to Reduce Risk to Buyer

49Not all contract for deeds are the same! Hire an attorney to draft one that favors and protects you.Pay as little down as possible.Three Ways to Reduce Risk to Buyer

50Not all contract for deeds are the same! Hire an attorney to draft one that favors and protects you.Pay as little down as possible.Obtain Owners Title Policy With Proper Coverage.Three Ways to Reduce Risk to Buyer

51A Win-Win For Sellers & BuyersWhen done properly, using a Contract for Deed to sell or buy property can be a Win-Win for sellers and Buyers.

52A Potential Disaster If Not Done RightWhen done not done properly, using a Contract for Deed to sell or buy property can be end in disaster. Both buyers and sellers have to take all steps necessary to protect their positions

53Nash Law Firm, PLLC2175 Northdale Blvd. NW,Coon Rapids, MN 55433(763) 860-4279nash@nash-law.comQuestions? Comments?We are happy to help you!

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