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Updated over 9 years ago on . Most recent reply presented by

John M.'s profile image
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John M.
  • Investor
  • from Schnecksville, PA
  • Member since Mar 22, 2015
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John M.'s profile image
John M.'s profile image
John M.
  • Investor
  • from Schnecksville, PA
  • Member since Mar 22, 2015
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John M.
  • Investor
  • Schnecksville, PA
2
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19
Posts
1031 Exchanges

Relinquished property funds for repair work.

John M.
  • Investor
  • Schnecksville, PA
Posted

Trying to decide whether to use some of my relinquished property funds to pay for repair work or finance a little more to cover the repair cost.

  The relinquished property funds can be used for repair if work is done before title transfer.

There would have to be an addendum to agreement of sale.Any idea on how  to word this?

Anyone have any experience with this scenario?

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