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AFS Intensive! Focus Workshop
September 14, 2019 @ 8:00 am - 6:00 pm
You know that I love Agreements for Sale (AFS)! AFS are a classic, Seller Financing strategy that is so, so relevant in today’s tough real estate market.
Alberta has been particularly hard-hit by the federal government’s ever tightening mortgage rules. And, I don’t care what the economists say about Alberta’s recovery, generally speaking, the real estate market has NOT recovered. In today’s much tougher real estate market, Agreements for Sale solve so many financing and marketing problems.
In this Focus Workshop, there will be more discussion on the upside and downside of an AFS and lots, lots more hands-on writing up deals. Practice makes perfect and with ‘AFS Intensive’, our plan is to expand AFS discussions from all angles and to take actual AFS deals and turn them into exercises.
First, as individuals you will work on how to actually write up the purchase contract and the AFS financing schedule using real deals as examples. Then, each table will take a new deal situation and write it up together with everyone having their say in how the deal should be written. Then, we’ll have an open discussion between groups about why a deal was written the way it was. It’s amazing how many different ways there are to look at a deal. And then were going to do that two or three more times.
The goal of ‘ AFS Intensive’ is to broaden and deepen your understanding of AFS and particularly how to actually write up those deals.
But that’s just me! I know that Donna has a few brilliant ideas that she’s going to implement as well. Sure hope to see you there!