What is a PSA Regarding Deals
8 Jul 2026 · 1 min

0:39
Christian Osgood explains that your broker drafts the Purchase and Sale Agreement, you can have him review it before signing, and then you move to securing financing with lenders.

Christian Osgood explains that your broker drafts the Purchase and Sale Agreement, you can have him review it before signing, and then you move to securing financing with lenders.
I'm looking just to see what a local credit union— try them first though. Like, I'm, I'm belonging to two credit unions. So what about the PSA?
Uh, purchase sale agreement. The broker will typically draft that, so you'll want him to go ahead and write it up. You're more than welcome to send it to me for a review. I will take a look at it as well. Um, but that will be the typical thing, is the broker's going to write it up and, um, you'll review, and if it all looks correct to you, get it signed.
All right, so that's on the broker, the PSA?
Yes, PSA is almost always going to be on the broker.
PSA, Ian. Okay, and so just start talking to lenders and find some loot.
Yep, that is the process.

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