Hey guys, welcome back to TJ by Tense, the strategic real estate team. Today, we're going to be going over the Wisconsin residential offer to purchase. It's actually a full nine pages long, but we're just going to try to make a quick video about it. Obviously, the shorter the video, the better. We don't want to bore you. So, let's just touch on some of the major points. The key thing to remember is that the blank lines in the offer to purchase are where you fill in the terms of your offer to the seller. The other parts of the document are there to protect both you and the seller. They explain what happens if you default or if the seller does not want to sell to you. Let's jump right in and enjoy. Here, we have the Wisconsin residential offer to purchase. If you're watching this on our website, there should be a little PDF download link below the video. You can download it and go through it with us or read it if you can't sleep tonight. It might help you fall asleep. As you can see on top, we have the date where we will write in when we are writing the offer. You need to put the buyer's name in there as well. For the buyer's name, put in how you want to take title to the property. For example, if I wanted it to be TJ by Tense, I would just put TJ by Tense. If I wanted my middle name or initial, I would have to write that in. So, make sure to put in the buyer's name the way you want to take title to the property. Next, we will put in the street address. After that, we will move on to the purchase price....
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Wb-40 amendment to offer to purchase Form: What You Should Know
All information contained in the current Bidder registration form may not be amended in any way; 18. The bidder should be prepared to sign and submit a Bidder's Book-Entry, Form 3 (PDF), and the Buyer should be prepared to sign and submit a Buyer's Book-Entry. Form 3 and the Book-Entry may not be filed separately during the closing and may not be used after the closing or, if the Auction is conducted in a Private Sale pursuant to Sec. 5.6 (Wis. Stat. Tit. 24, § 23.6(3)), the book-entry forms shall be submitted at the same time as the Book-Entry is filed. 19. The parties acknowledge and agree the terms and conditions of this Offer to Purchase are solely between them and not to be entered in any public document or record; 21. The agreement (2) both Parties should promptly forward to one another via postal mail and return receipt requested, a copy of: 23. All information contained in the current Bidder registration form and any book-entry forms received from Bidder shall not be amended in any way; 24. It is understood that the following information may be redacted (e.g., names of prospective covenants) without notification by the Seller or Buyer before closing 25. The parties acknowledge that any information in the bidder registration form may be amended with the consent of the Seller prior to Closing. 26. The Seller warrants and acknowledges to 27. The Auctioneer reserves the right to amend the terms of this Offer to Purchase and any prior agreements entered into between the parties, including the terms in connection with Auction, in its sole discretion without any notice at the time of the Auction. 17. The Auctioneer may reject any bid not commensurate with the value of the Property, as determined at the sole and final sole discretion of the Auctioneer. 10:21 am Aug 30, 2024 11:57 am (CDT) (this message is from the auctioneer, it is binding) 22. The Auctioneer does reserve the right at its sole and final discretion to reject any and all bids. (This is the first amendment ever.) 17.
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Video instructions and help with filling out and completing Wb-40 amendment to offer to purchase
