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Updated over 3 years ago on . Most recent reply

User Stats

73
Posts
59
Votes
Derek Bell
59
Votes |
73
Posts

Buyer via 1031 exchange

Derek Bell
Posted

I have a question. Should I enter into a sales agreement for a property of mine when the buyer wants to buy my property via 1031 exchange contingent on the sale of his property??

If I do it will tie up my property for 4 months thus allowing him to back out during due diligence and/or if his property does not end up selling.

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