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Updated over 5 years ago on . Most recent reply

User Stats

38
Posts
7
Votes
Scott Garrels
  • Rental Property Investor
  • Cedar Rapids, IA
7
Votes |
38
Posts

Offer Contigency Optiins

Scott Garrels
  • Rental Property Investor
  • Cedar Rapids, IA
Posted

So when you submit an initial offer on a property are there any standard contingencies that go along with it?

For example, if you submit a lower then asking offer but non-contingent upon an inspection, would this be an enticement or are there other things that should be considered?

I know there are all sorts of ways to do it but curious if there are any items considered as standard? Thanks for your insights.

  • Scott Garrels
  • Most Popular Reply

    User Stats

    38
    Posts
    7
    Votes
    Scott Garrels
    • Rental Property Investor
    • Cedar Rapids, IA
    7
    Votes |
    38
    Posts
    Scott Garrels
    • Rental Property Investor
    • Cedar Rapids, IA
    Replied

    @Andrew Syrios Thank you for your reply.  I understand the balance you are trying to find between price and other terms.  Good point to consider how they can put one another in a more risky position as well.

  • Scott Garrels
  • Loading replies...