Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago on . Most recent reply

User Stats

204
Posts
81
Votes
Jamie Brayton
  • Property Manager
  • Troy, NY
81
Votes |
204
Posts

Coronavirus contingency language

Jamie Brayton
  • Property Manager
  • Troy, NY
Posted

I'd like to make an offer on a property we already toured, but in these uncertain times I'd like an extra layer of protection. I expect that if we get this under contract, it could be weeks before an appraiser or an inspector come out. If we can't close for months (entirely possible), many things could change during that period. 

Has anyone drafted language around a COVID-19 contingency? I'm essentially asking for the ability to back out for any reason due to the complete uncertainty of the times.  I have no intention of doing so, but it feels important to have the protection in place. 

  • Jamie Brayton

Loading replies...