Dive into Section 4, the “sneaky” section of the Utah Real Estate Purchase Contract (REPC). What gets prorated, and by how much? What are special assessments, and who pays them?…
What’s a real estate love letter, and why should you avoid them? 0:23 – Tyler received a real estate love letter, and Jason reads it.1:01 – The letter was cringy!1:16…
The Utah Real Estate Purchase Contract (REPC) section 3 talks about the important terms of settlement, closing, and possession. Settlement is different than closing. What are the terms of possession?…
How much down payment do you have to bring? What makes up the purchase price? Wait, what if I have to sell my home in order to buy this one?…
Are these shelves included? What about the shed in the back? What’s included and what’s excluded from a real estate purchase contract? It’s important to understand what the contract says,…
What happens if I back out of a real estate purchase contract? Well, there’s a penalty if the buyer or the seller back out — and that’s earnest money. It…
Settlement is when you sign everything. Closing is when all the money is moved, title is recorded, and the house is yours. Watch for Tyler flubbing the definition…more than once!…