Business
A lot of folks get excited about the "sexy" real estate topics... stuff about buying a gazillion dollars worth of real estate, starting with no money, in 3 seconds and no prior experience. We've got classes sort of like that... less hype... but still sexy.But that's not this class.Because in addition to the sexy topics, you need the meat-and-potatoes, how-to, real practical stuff to actually do the real estate investing.That's this class on Seller's Property Disclosures, SPDs for short.I know... I know... I know... you're thinking... how interesting or good could a class on SPDs be? Fair question, but I will tell you this... it is AMAZING.Here's just a small sample of what you're going to walk away knowing...1. Should I fill an SPD out if I'm a seller? What if I've never lived in the property? And, does this even matter? Hint: it might only matter if you have assets (or might in the future) and you're concerned about being sued... but maybe that's not you... I don't know.2. Will I find out if a property was psychologically stigmatized? Human sacrifices in the basement, satanic rituals, suicides, homicides, regecides, sororicides, xenocides, HIV, coronavirus?3. What does a seller need to disclose? What are adverse material facts exactly? And, if you don't know the definition... that ain't an excuse if you're standing in front of a judge about to get smacked down! Can't I just discuss it with my agent?4. When should I get a copy of the SPD? Should I use it before I look at properties? During the showing? During the inspection? After? All of the above? None of the above? How should I use it?5. What are some sneaky things you should do to make sure you are getting FULL disclosure... or as close to it as you can when buying a property... even from previous sellers?Plus, a whole bunch more.If you thought... SPDs... yes... I'll skip that... to quote Vivian from Pretty Woman... "Big mistake.... HUGE!"https://realestatefinancialplanner.com/sellers-property-disclosure-case-studies-2020-edition/