Even if your real estate contract has been written on toilet paper, it is valid.

The content of your real estate investment contract is what is important.

Your financial destiny in real estate investing is sealed BEFORE you enter into a real estate closing as a buyer. you have noticed

make your win (or loss) before you turn the doorknob to enter your attorney’s office or title company at closing. The advance transaction payment is predetermined when the contract is signed between you as the buyer and the other party that is the seller.

The interpretation of these cold, hard words is that you must recognize the importance of the real estate contract that binds the property transaction. Your contract contains implications for determining earnings in advance.

When we come to a real estate investment deal, we usually just look for some pre-printed contract form that came from a real estate office or stationery store. We often lose a lot of our closing rights to some outsider who put together the jargon and traditional processes without acknowledging that we ourselves have the right to take this course. Subjecting ourselves to the legal jargon of a lawyer who can’t even be a real estate investor or own more than his own home is the pattern followed by most who buy and sell real estate.

The first order of business when writing contracts is to understand that any purchase or sale of property is negotiable. While payment of certain closing costs may be customary or traditional for the buyer and seller, we are not bound by this protocol. With no different specification in your contract to dictate your personal address, the closing agent simply falls back on standard convention.

But by understanding your rights as a real estate buyer or seller, you can actually INCREASE your profit on a transaction by writing your contract. However, these settlement terms must be written into your contract prior to closing. Otherwise, the potential profits fly out the window.

One of the most euphoric feelings I’ve ever experienced in this real estate investment business was walking out of closing with a check made out to me for $75,000 in a bundle of some cheap real estate! As with anyone, he had a use for that cash! But those earnings were dictated in my special personal contract before closing.

Much more cash at closing is available to real estate investors who take control of the options available by independently choosing the wording in the content of their own purchase contract and sales contract. This option is readily available to the real estate investment professional who understands these rights and applies them in the construction of a personal contract.

The suggestion in this article is not legal advice but an encouragement to take advantage of an available opportunity in real estate investing. This suggestion is not an encouragement to get greedy for legal rights, but to give notice that negotiation is available on closing cost dictates. Sometimes trades are profitable only when these considerations are understood.