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It’s 5:00 Somewhere! - Episode 68 (S5 E8)
Manage episode 325381086 series 2936153
Innehåll tillhandahållet av Tyler Cazier, Aric Wiszt, & Jason Christiansen, Tyler Cazier, Aric Wiszt, and Jason Christiansen. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Tyler Cazier, Aric Wiszt, & Jason Christiansen, Tyler Cazier, Aric Wiszt, and Jason Christiansen eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.
You can watch this episode on YouTube.com: https://youtu.be/_qpaUUzdwMg
It's 5:00 somewhere, but what does that mean? The Utah State Real Estate Purchase Contract (REPC) spells it out in section 21: Time is of the Essence.
0:00 – Introduction
1:12 – What does “Time is of the Essence” Mean? Time is an important factor in the contract.
1:48 – Day Ends at 5:00 p.m. Any date is assumed to end at 5:00 p.m. (Mountain Time) on that day.
3:29 – Today is Day 0. If you have 4 days to deposit earnest money, for example, tomorrow is day 1.
5:29 – Storytime with Aric. This is a buyer we didn’t love. They passed the 5:00 p.m. deadline, and we kicked them out of the contract to accept a better offer.
7:35 – 5:00 deadline only applies to buyer and seller. Not the lender, appraiser, inspector, or anyone other third party.
8:43 – What’d we learn today?
10:28 – Bloopers.
* No clocks were harmed in the making of this video.
Please contact us to tell us you love us, you want to hire us! Call or text:
Realtors with Hive Collective at Presidio Real Estate:
Tyler Cazier: 801-210-0230
Aric Wiszt: 801-228-7687
Lender with Elite Team at Security Home Mortgage:
NMLS: 178787
Jason Christiansen: 801-669-7271
NMLS: 240472
A Production with Security Home Mortgage's Jason Christiansen, and Hive Collective at Presidio's Tyler Cazier and "Mr. Suit" Aric Wiszt.
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