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Updated over 15 years ago,
My first Offers--Help!!
(Note: I posted this in the Wholesaling forum by accident so I am reposting here to get help, Sorry!!)
I will submit my first 3 offers tomorrow on some REO properties. I wanted to know if it is standard to not enter a contingency for due diligency period of 5-14 days. I thought this was fairly normal (but what do I know, right--lol).
My agent is stating the market is so hot it won't get accepted. Please help!!! I am not local to that market (I have run 6 months prior comps within 2mi of property). It seems there is room for my buyer & myself to win, even with rehab but...I would like to travel there & check these out w/home inspector especially since I'm so new.
What do you experienced wholesalers encounter with due diligence contingency?