Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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 over 4 years ago,

User Stats

67
Posts
31
Votes
L. Brown
31
Votes |
67
Posts

Real estate team concerns

L. Brown
Posted

I am under contract for my first home, which is a duplex. I found an attorney and realtor that I felt comfortable with and seem to know the process well. I have some concerns about the advice I’m getting, though. During attorney review, the seller wanted to put in a contingency that said if items were not up to code they would not fix it and that if issues with the house weren’t a safety issue they wouldn’t address it and it couldn’t be a reason for me kill the deal. My attorney thought this was fine, but I didn’t like this so I asked her to push back and strike this. She did, and the seller agreed to remove this clause from the contract. They were trying to get the upper hand.

In a separate instance, the inspection showed some significant issues. My realtor said he spoke to the seller (who is a realtor) and she said she would give me a $5k credit. My realtor thought I should take the deal right away, but I wasn’t sure how much it would cost to get the repairs done. He said he didn’t think I needed to bring my GC in, but I decided to push and do it anyway. It seems like the repairs will cost $7k- not far off, but more than the $5k the seller was offering.

In both of these cases I am wondering if I have an attorney and realtor that are looking out for my best interest. What do you all think? (PS- they do not know each other, I found them independent of one another)

Loading replies...