Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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 11 years ago on . Most recent reply

User Stats

1,315
Posts
641
Votes
Simon W.
  • Real Estate Consultant
  • Lehigh Valley PA & New York City
641
Votes |
1,315
Posts

Basic Contingency on a P&S Agreement?

Simon W.
  • Real Estate Consultant
  • Lehigh Valley PA & New York City
Posted

I am going to meet up with the listing agent to write up the Purchase of Sales agreement. This will be a rental property and I want to know what contingency I should tell the agent to put in.

I want to have the option of home inspection and if I were to back out I can use that. Is there some kind of wording I need?

I will have 10 or 15 days inspection period, review of the new tenant's lease agreement, and financing contingency.

I don't want to forget anything.

Thanks.
Simon

  • Simon W.
business profile image
Accounting Properties LLC
business profile image
CFO LLC

Loading replies...