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Updated almost 9 years ago on . Most recent reply

User Stats

3
Posts
0
Votes
Danny Jewkes
  • Wholesaler
  • South Jordan, UT
0
Votes |
3
Posts

Time frame for inspections and closing??

Danny Jewkes
  • Wholesaler
  • South Jordan, UT
Posted

Found a house for sale in a remote small town in Utah, around $25 per sq ft.

I usually don't call on deals that have realtors already marketing them but given the price per sq ft, I thought I'd email the realtor. I asked her the following. 

I noticed your house for $40K, I see it's gutted and needs some TLC and it's in BFE. Would I be able to wholesale this house/ assign it to one of my cash buyers? and you would still get your commission?

Here's how she replied...What would be a general good answer?

Hi Danny,

I think we should definitely try it. Here are some questions I need answered:

1- Earnest Money Deposit Amount: How much?

2- Time frame for inspections:

3- Time frame to close:

4- Cash or financed transaction:

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