Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
Tax Liens & Mortgage Notes
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 about 3 years ago on . Most recent reply

User Stats

4
Posts
0
Votes
Mohamed Alli
0
Votes |
4
Posts

How to make seller liable for major repairs

Mohamed Alli
Posted

I was listening to Craig Curelop's book "the house hacking strategy", he mentioned a way to make the seller of a house liable for major repairs to the property for up to one year. I'm having trouble recalling how it's done or what its called, this would definitely help with saving on some of my reserve cost  

Most Popular Reply

User Stats

4,486
Posts
6,451
Votes
Marcus Auerbach
#5 All Forums Contributor
  • Investor and Real Estate Agent
  • Milwaukee - Mequon, WI
6,451
Votes |
4,486
Posts
Marcus Auerbach
#5 All Forums Contributor
  • Investor and Real Estate Agent
  • Milwaukee - Mequon, WI
Replied
Quote from @Mohamed Alli:

I was listening to Craig Curelop's book "the house hacking strategy", he mentioned a way to make the seller of a house liable for major repairs to the property for up to one year. I'm having trouble recalling how it's done or what its called, this would definitely help with saving on some of my reserve cost  

A real estate sale is always final, there is no seller liability beyond closing. Our world would not function, if that were allowed. Just imagine you are the seller, you could not even buy a new house until your liability has expired. You would have to hold funds in escrow just in case.
business profile image
On Point Realty Group - Keller Williams
5.0 stars
51 Reviews

Loading replies...