Land Contract Red Flags: Don't Get Stuck With a Bad Contract!

In this week’s episode of the Turning Profit podcast, Heather and I discuss another veeeery important subject (I know, we say this every episode, and we’re right every episode!): How to make sure you don’t get stuck with a bad contract.

Being able to spot contract pitfalls and red flags is a skill many of us develop after falling for a few bad ones.

However, you don’t have to, because we’re here to help you weed out the bad contracts from the good ones.

In this week’s episode, Heather and I will be sharing with you ALL the things to look out for before signing a contract, from sale contingencies to how the buyer is going to pay for the property and everything in between.

Are you ready?

Let’s dive in.

Key Takeaways:

Introduction (00:00)

What’s the news this week? (05:58)

Review your offers (12:49)

How is the buyer paying for the property? (24:56)

Sale contingencies (28:56)

Other contingencies to look out for (33:41)

Questions for Pete (40:58)

Additional Resources:

✨ Get all of our recommended tools and services at https://resources.landconquest.com

✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete

✨ Connect with Pete on LinkedIn here: https://www.linkedin.com/in/partnerwithpete/

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Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.

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