Buyers

If you're a Lease to Purchase want to Owner Finance, Standard Purchase or looking for wholesale properties, please fill out the form below.  Once you have filled out the form below someone will call you within 24 to 72 hours.  Purchasing a property is easy but its all about finding the right deal. Good credit or Bad credit anybody can purchase. 

 

First steps to take when purchasing a property.

1. Get qualified - How much can you afford to purchase a home.

2. Choose if you want a New Build or a Fixer Upper

3.  Pick a city/location you choose to live in 

4. Depending on your budget find a good realtor to work with or you can find a home on your own to save money. If any home matches what your looking for someone will contact you from SPBM.

5. After you choose a home, make sure you have the home inspected.

6. Negotiate prices and incentives make sure your happy with what you have. 

7. If you choose to find a home on your own and you are using SPBM for your transaction, please tell the seller you are using your own title company so we can check all documents to make sure everything is done correctly and you understand what your signing. 

 

Buyer's Form

Scroll down for definition of contract agreement
I want to purchase *
Name *
Name
Phone *
Phone
$
Are you approved for financing? *
Standard Purchase Only
Move in Date
Move in Date
$

Standard Purchase Agreement

A sales and purchase agreement (SPA) is a legal contract that obligates a buyer to buy and a seller to sell a product or service. SPAs are found in all types of businesses but are most often associated with real estate deals as a way of finalizing the interest of both parties before closing the deal.   An SPA serves as a basis for a transaction to take place, providing a framework of how the transaction will proceed, what is included in the transaction, and, if necessary, what is excluded from the sale. It allows the buyer and seller of a particular asset to negotiate, and ultimately agree upon, a proper price. While not required for every transaction, SPAs are often used for large single purchases or frequent purchases across a specified amount of time.
 

Lease To Purchase Agreement

A Lease-Purchase Contract, also known as a Lease Purchase Agreement, is the heart of rent-to-own properties. It combines elements of a traditional rental agreement with an exclusive right of first refusal option for later purchase on the home. It is a shortened name for Lease with Option to Purchase Contract.  In a standard Lease-Purchase Contract, the two parties agree to a lease period during which rent is paid and the terms of the sale at the end of the lease period, including sale price. The contract is structured in two parts, one representing the lease term and the other a contract of sale. The lease agreement expounds upon what responsibilities the tenant/buyer and landlord/seller undertake during the course of the lease. This contract will also include the option fee and how much of the monthly payment will be credited to the down-payment for the purchase of the home at the end of the lease.

 

Owner/Seller Finance Agreement

When a property buyer finances the purchase directly through the person or entity selling it. This often occurs when the prospective buyer cannot obtain funding through a conventional mortgage lender, or is unwilling to pay the prevailing market interest rates. The seller may agree to owner financing if he or she is having difficulty selling the property.  Owner financing may only cover part of the purchase price, with a smaller bank loan making up the difference. Also known as "creative financing" or "seller financing".

 

Wholesaling Agreement

Wholesaling real estate involves an investor buying a property or getting a property under contract and then selling the house or assigning the contract as quickly as possible. The investor may wholesale the property to another investor who will then fix up the property and rent it or flip it. The key to a successful wholesale deal is finding properties cheap enough that there's room for the end buyer to make a profit.

You have to be very careful when you assign contracts on any residential or commercial property. Some states consider finding a buyer and seller to be performing the duties of a real estate agent. Even if you have the property under contract, it may be considered acting as a real estate agent if you assign that contract. If you are placing signs in the yard, advertising on Craigslist or marketing with flyers without owning the property, it could be considered practicing real estate without a license. Check with your state laws before performing any of these activities!