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Updated over 10 years ago on . Most recent reply

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55
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12
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William Donnelly
  • Investor
  • Biloxi, MS
12
Votes |
55
Posts

Deal Killers

William Donnelly
  • Investor
  • Biloxi, MS
Posted

Greetings Bigger Pockets,

While under contract, a recent purchase of mine that fell through at the last moment due to improper zoning (no one, myself included, double checked this until the appraisal). I have received tons of useful replies to my previous posts on this. Feel free to check them out.

Along with checking the property zoning, what are some other "Deal Killers" that may arise along the way (especially while under contract), that are not typically checked by real estate agents, brokers or lenders? Does anyone have a list they feel like sharing?

Most Popular Reply

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1,270
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704
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Trevor Ewen
  • Rental Property Investor
  • Weehawken, NJ
704
Votes |
1,270
Posts
Trevor Ewen
  • Rental Property Investor
  • Weehawken, NJ
Replied

@William Donnelly

Inspection reports, termites, new methadone clinic(s)... you name it.

I think the more optimistic among us may call some of these 'Deal Makers', as it's a good chance to ask for more off the property. Granted, there are some things you should not try to deal with. 

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