Agreement for Sale-Are you the owner? (Contract for Deed)

Whats the difference of being the owner of a property or having an agreement for sale? In this video I tell one of my students EXACTLY how to tell the difference.

What to know how to structure a subto deal in 6 steps follow this link 👇🏼

➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖

🔌MORE FREE VALUE 🔌











➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖

► Join The Subto Community & Learn Creative Finance Directly from Pace:✌🏼

► Join Our Free Facebook Group to Connect with Pace and his Students:

► Subscribe To My Second Channel:

► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success:

► The Ultimate Exit Strategy for Subto Deals:

► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions:
----------------------------------------------------------
► Get Our Vulcan7 Code:

► Get Our BatchLeads Code:

► Get Access To Privy
-----------------------------------------------------------
🔌 PLUG IN & SUBSCRIBE 🔌

#RealEstate #Investing #CreativeFinance #Subto #RealEstateInvesting #PropertyDeals #RealEstateTips #Finance #InvestingTips

🚧🚧🚧 DISCLAIMER 🚧🚧🚧

❎ I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a YouTube video for entertainment purposes ONLY ❎

[Bennythecoredriver]

I’m soaking it all in. Amazing content. There wouldn’t be a single person working a 9-5 if they could see on paper how incredible real estate truly is.

[SUSTOSAVAGE]

100% getting value outta this stuff....
if you ever thought this stuff was fake... you would learn through doing deals that its all true!! and how pace knows much just blows my mind

[chrismatthew]

This was helpful! Especially the title company part so I don’t get screwed!

[stefonlopez]

Yes I'm getting massive value daily from your content even at 344Am today. It's the last day of the month and I need to close it out strong

[Life_of_A_Man]

You can get added protection with contract for deed if you see a lawyer. Then you have added layer of protection. My auntie bought her house in 88 through contract for deed. She had great work history but no credit. The realtor specifically showed her For Sale By Owner properties where they could work a deal with her. She saw a lawyer and both parties agreed to the terms. They typically don't last long, around 10 years. She paid that house off and later gave it to her son.

[CanadianOptionsTrader]

I just learned that "Subject To" is not possible in Canada 🇨🇦, however "Agreement For Sale" is possible! I'm looking forward to learning how to do this! One possible drawback I'm thinking is that most mortgages in Canada are locked in for 5 years (or even variable rate), so I'm not sure how that would work if the owner needs to refinance the mortgage once the 5 year term is over.

[chapmkl]

This shits all gangster af. Lol. Love it.
Thx Pace!

[chulchue]

What happens when the underlying mortgage is not paid, property taxes aren’t paid, insurance is not paid? I assume all of those would be a default in the wraparound agreement and then what happens?

[travismcgray]

@pacemorby is there a step by step guide to understand what needs to be done? What paperwork goes into this, how does it work if you are talking to the realtor not the owner? Is it still possible? Do you have a book I can read or a set of podcasts that goes over in great detail each step? I am absolutely FASCINATED by your content

[dennisbrooks]

Can you as a buyer get the tax benefits when you do an agreement of sale?

[jabs_carter]

Pace, what’s the sound of this audio? This is a vibe 😂😂😂 please share

[shellydickson]

Can the deed holder evict you? Or does the deed holder need to foreclose?

[jackofalltradesllc]

But let’s say u have a 5 year option in place with the contact for deed can I refinance the property by myself and cash out the owner for our original purchase price?

[karinavlog]

So tour saying u got the property to you again? So this is not a good idea?

[cboyd]

My husband and I have the deed but the seller is the leinholder and we're in default do we have authority to sell

[Zionsmane]

Really good Content. Can a Contract for Deed/ Agreement for sale be done on a reversed mortgage situation?

[tb]

Actually we get the title but there’s a lein on the title. Big difference

[michaelanderson]

so when you submit the documents to the county records to record a lien on the property as security, what exactly are you putting as a lien? If you need time to find your CB in the novation agreement?

[chicagomodel]

I have an agreement for deed i’m looking to sell. I still owe $10k but the deed to the home has transferred twice since i’ve owned it. What options do i have? Am i even still
N contract, i don’t think this was ever recorded

[the_deva_patil]

So the deed is in the seller's name, and we defaulted on the 2-3 payments. Now they want to sell the property, will they require our permission to do so?

Thank you !!