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You even get an explanation of all the important questions the program will ask you with pop-up explanations of what you've said "Yes" to and what the possible implications are: Question 1: "Is it a Buyer's market? (Yes) Okay! It's a Buyer's market.

Ideally, if the property appreciates, the Buyer can sell it before the loan is due and pay off the loan from the sale proceeds." * Closing costs should be about One Percent (1%) of the purchase price.

This means you get to be creative and demanding.

You get an explanation of each individual clause, telling you what it means and what it does when you include it in a contract.

The loan amount and the interest will all be due in one lump sum payment at the end of the loan term instead.

"This clause means that the Seller will carry the financing, rather make the Buyer get a loan from a bank or other commercial lender and there will be no monthly payments for the Buyer to worry about.

If you are a Seller, the Contract Wizard can help you be creative and find ways to entice Buyers and offer them an irresistible deal." If you answered "No" to Question 1, you would get the following explanation; ("No" to Question 1) "It's a....

If you do want to learn about real estate, then you learn on the job.

Not only does the Contract Wizard create an ideal sample contract for you, it gives you a simple explanation of what the contract means, in plain English, not real estate jargon.

The Contract Wizard will automatically include a special Buyer's super-addendum with your finished contract with all sorts of special clauses to benefit you and can also help you do creative things like getting cash back from the deal (If the Seller carries the First loan and/or any Junior loans) and/or get the Seller to make your payments for a specified period of time even if you get a commercial loan.

This will allow the Buyer to use the property - live in it or rent it - without paying anything until some time in the future.