Kris Hawkins – Deal Insurance/Memorandum of Contract

Kris Hawkins – Deal Insurance/Memorandum of Contract

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If you’re anything like me, you don’t want to worry whether your seller will actually show up to closing. I had about a dozen sellers change their mind or sell to somebody else while under contract with me when I finally said, ENOUGH! How can I prevent these home owners from backing out of a signed contract.

Hence, I created, with the help of several attorney’s, my deal insurance document. The real terms is the Memorandum of Contract. Once your seller signs this, there is NO selling their house without your permission. What you’re about to get from me is a time tested, proven system that will secure your contract against any seller changing their mind after they agree to sell to you. This Document packet includes:

-My Deal Insurance/Memorandum of Contract

-Affidavit of Understanding

-Standard Purchase and sales Agreement that I use to buy all my houses.

Business online course

Information about business:

Business is the activity of making one’s living or making money by producing or buying and selling products (such as goods and services).
[need quotation to verify] Simply put, it is “any activity or enterprise entered into for profit.
It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors.”

Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business.
If the business acquires debts, the creditors can go after the owner’s personal possessions.
A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business.

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