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Updated about 4 years ago,

User Stats

64
Posts
28
Votes
Jeremy Toney
  • Realtor
  • Hickory, NC
28
Votes |
64
Posts

Additional Provisions Addendum or WHAT?

Jeremy Toney
  • Realtor
  • Hickory, NC
Posted

Alright BiggerPockets, I need your help. What is the easiest and most efficient way to go about this?

I currently have a house under contract, and a cash buyer that the contract is being assigned to. In hashing out all of the details, the seller wants the buyer to survey the subject property to have a line redrawn so her metal carport doesn’t have to be moved. It isn’t a big deal on count of the fact that she owns both the subject property and the property with the carport. I’m ok with taking the cost on this, as I made my assignment fee to allow it, but do I pay for it myself before the property is sold, or do I attach an addendum of some kind with the stipulation at hand?

What would the experienced investors out there do? If you have experienced this before, please share.

Thanks in advance everyone!

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