Over Mailing a Single County When Does it Happen (CFFL 0245)

Over Mailing a Single County When Does it Happen Jack Butala: Over Mailing a Single County When Does it Happen. Every Single month we give away a property for free. It's super simple to qualify. Two simple steps. Leave us your feedback for this podcast on iTunes and number two, get the free ebook at landacademy.com, you don't even have to read it. Thanks for listening. Jack Butala: Jack Butala with Jill DeWit. Jill DeWit: Hello. Jack Butala: Welcome to our show. In this episode, Jill and I talk about over mailing a single county. When does it happen? Great show today Jill. Let's take a question before we start. Posted by one of our members on successplant.com, our free online community. Jill DeWit: Cool. All right, hi Bae, asked, buyer wants to close the deal and asks how to pay me the cash? Buyers live in different states. What's the best way to pay me? Some agents from the 123Notary were reluctant to help me hand the deed and mail the check. I got this. Jack Butala: Oh good ahead. Jill DeWit: Can I go? Jack Butala: I would have read it for you. Jill DeWit: I should have done that. The scoop is, Bae is the seller here and we have a buyer, so actually we don't need the notary with the buyer because the only one signing the deed is you Bae. You're the one that's sign the deed and having it notarized and all that good stuff. There's nothing that your buyer has to sign. That's that one. As far as payment, gosh, that's up to you. I answer this in Success Plant and I put a little note for Bae too, telling her, "Hey check when this airs, " so she can listen. Some people use credit card processors like Stripe. Some people, maybe they're new, they might be starting out, still using, "Hey mail me a cashiers check. Mail me a money order." Maybe it's a big transit action and you're open to bank wire. THere's a lot of different ways you can take payment. Back in the day we use to use Paypal, so there's lot of ways you can do it. It's really up to you, but I will say this. The main thing is, make sure you let your buyer know that the signed, completed, notarized deed for them will not be mailed until the payment has cleared. They understand it, and they're really cool and they're very great about it. That's it. Jack you want to add anything? Jack Butala: Yeah, a lot of people don't understand this, especially people who are in the real estate business. If you have a lot of experience in real estate or even made ten transactions or five transactions or as an agent, some people are shocked over the fact that this is how we do it. We sell a piece of property, a buyer says, "Hey I really want to buy that forty acre property for eight grand. How do I close?" Well you click right here, you fill out your credit card information like you're buying a pair of shoes, and that's it. Then we send you the deed. There are some very senior people that fall over over that because there's a potential for someone to be less than honest, but there's potential for someone to be less than honest when they send you some shoes on the internet too. It's very, very basic. There's a little bit of trust and that's why you need to have a website. You need to have your act together and a good reputation on the internet. Process payment just like you would with anything on Amazon even, and the stuff shows up at your door. Jill DeWit: Exactly. Like I said, wait until it clears. It's all cool, so everybody's covered, and then you send the completed deed. Jack Butala: Do we buy apartment buildings like this? No. Jill DeWit: Right. Jack Butala: Do we buy houses like this? No. Even with large acreage, in the example that I just said, eight to ten thousand dollar deal, although Jill frequently collects credit card payments for transactions like that, if you're new I would recommend closing through escrow. Jill DeWit: For big stuff. Jack Butala: Yeah. Jill DeWit: Exactly.