3934 Portsmouth Dr, San Antonio, TX 78223
Private Agreement
(Individual Investor Consultant - Not Acting as a Realtor/Broker)
This Facilitator Fee Agreement ("Agreement") is entered into between the undersigned parties with respect to the property located at 3934 Portsmouth Dr, San Antonio, TX 78223.
Sellers: Robert Villarreal, Janet Munoz Villarreal, Janelle Bethany Villarreal Ruff, and Timothy Ruff ("Sellers").
Consultant: REI Professions LLC, represented by Chris Colton ("Consultant").
NOTICE: Consultant is NOT acting as a realtor or broker. Consultant is acting as an individual investor consultant providing guidance and facilitation services for the Sellers' benefit.
Address: 3934 Portsmouth Dr, San Antonio, TX 78223
Purchase Price: $195,000
Down Payment: $15,600 (8%)
| Interest Rate | 9% |
| Amortization | 25 years |
| Balloon | 10 years |
| Monthly P&I | $1,505.53 |
| Est. Taxes / Insurance | $450 |
| Total PITI | ~$2,000 |
Owner agrees to pay Consultant a Facilitator Fee in the amount of $11,700 ("Facilitator Fee"), payable at the close of escrow from the Owner's proceeds. This is the balance of the down payment and is earned for REI Professions LLC bringing a vetted buyer who will move into the property under the promised terms. This is NOT a real estate commission or brokerage fee. It is a consulting fee for services rendered including property evaluation, transaction facilitation, and investor-level guidance.
A Seller Good Faith Payment of $3,900 (2%) shall be provided by the seller as part of this transaction.
Consultant agrees to provide the following services: property evaluation, market analysis, transaction coordination, due diligence guidance, and facilitation of the purchase process. Consultant does not hold a real estate license and is not representing either party as a real estate agent or broker.
This Agreement shall be governed by and construed in accordance with the laws of the State of Texas. Any disputes arising under this Agreement shall be resolved in the courts of Bexar County.
This Agreement constitutes the entire understanding between the parties and supersedes all prior negotiations, representations, or agreements, whether written or oral. No modification shall be binding unless in writing and signed by both parties.
The following documents are part of this transaction:
Promissory note documenting the wraparound financing agreement
Deed of trust securing the wraparound note
Special warranty deed with vendor's lien retaining security interest
Wraparound financing disclosure and agreement
Signatures
Robert Villarreal
______________________________
Janet Munoz Villarreal
______________________________
Janelle Bethany Villarreal Ruff
______________________________
Timothy Ruff
______________________________
Consultant - REI Professions LLC
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