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With the information from these investors, we wrote an offer on the property for the land value. Without our investors’ help, we would have overpaid for the property. We told the seller that the building was basically worthless.

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It becomes the agreement before the real estate contract. On page 83, you’ll find an example of a simple nondisclosure and no circumvention agreement, which we use to give us protection with potential buyers of a property that we have not tied up yet with a contract.

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