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OPTIONAL PACKAGE UPGRADE
Because of the huge number of
requests for our forms, we have decided to take the time and
create some "interactive" foreclosure forms to help you through
this whole buying process. We have developed some forms that
will make your investing experience easier and save you tons of
time. All these forms are available in the $47 package,
however, you can only print them out, you cannot modify them,
unless you do it on your own. Therefore, for those of
you that need to modify the forms, we have created these forms
in microsoft word or excel, so you have the ability to change or
modify them to comply with your states laws. If you had a real
estate attorney draw these up for you, it would cost thousands
of dollars. Trust me. I know. You will get all these forms for
only $20 more which will cover the time spent creating them. You
will be able to use them as often as you need and modify them as
you like. Here is what you get.
Form 1 - Property
Evaluation Sheet ($199)
This evaluation sheet and excel program is priceless. There will
be times when you walk through a house and wonder what the
repairs will cost. Wouldn't it be nice to know how much money
you could make on every deal? We have put together an evaluation
sheet that will give you the national average of what it would
cost to repair a home. All you need to do is bring a measuring
tape, plug in the numbers and it will spit out an estimate of
what it would cost to repair that home. You will be able to
determine immediately if the hosue will be profitable for you.
With this excel program you will be able to use this evaluation
sheet as many times as you need.
Form 2 - HUD 1 net sheet
($199)
For most people, the HUD 1 seems to be the one that no one can
understand, or they are not sure what it does. It is simply a
"net sheet" showing the lender how much money they will be
receiving upon closing. Most people have title companies fill
them out because they're not sure where to plug the numbers,
however, it costs anywhere from $100 to $200 each time depending
on who you have do it. So instead, we have provided a HUD 1 and
all you have to do is fill in the blanks and this excel program
will compute all the numbers for you. This will save you
hundreds of dollars over the years especially when you start to
do 4 or 5 of these a month. Definately worth the investment. We
also explain where the numbers go and why so you are not left
guessing.
Form 3 - Purchase and
Sales Agreement
The purchase and sales agreement is one that you need for all
your foreclosure deals. It is specifically designed for the
purpose of purchasing foreclosures. You will be shown
step-by-step how to fill these out along with the contingencies.
Form 4 - Warrantee Deed
This is the form that transfers ownership of the property. You
will need this when you get the deed from the homeowner.
Form 5 - Agreement Letter
(PYA)
This is a letter of agreement and protects yourself as the
buyer. This agreement basically states that the homeowners no
longer have any interest in the property and they are not
holding you liable for anything.
Form 6 - Authorization to
Release Information
This form gives you the authorization to get information
reguarding the loans on the property.
Form 7 - Escrow Letter
This form allows you to apply any left over funds in escrow and
apply it to the mortgage.
Form 8 - Real Estate
Disclosure Letter
This form discloses to the homeowner some things that could
happen to them because of a payoff.
Form 9 - Land Trust
This form allows you to set up a Land Trust. You may need to
modify this to comply with your states laws.
Form 10 and Form 11 -
Schedule A and C
You may need these when filling out a Land Trust Agreement.
Form 12 - Beneficial
Interest
This form assigns beneficial interest over to you.
So for only
$20 more you will have instant access to all the interactive
forms that you can modify, plus 2 programs that will assist you
in purchasing foreclosures.
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