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Updated 3 months ago, 08/25/2024
"Networth Realty" any thoughts?
All,
I was looking at a potential property posted by Networth Realty in Tampa. I was just curious if anyone has worked with them? I found a few things, and my attorney did too, that seemed risky about the deal, and I was wondering if this is the norm
The deal seemed awesome with a fix and flip potential of over $60K net to be made. However when I ran the contract past my attorney, he was concerned about the high $ for a non-refundable earnest and no allowable contingency for inspection. Plus there was a $500 fee that had to be paid to them for their fee and I was to cover all closing costs (their's and mine).
Do you know if this is the norm for this company? Is it still good to consider them? It seems like a lot of risk and I was wondering what other's experience has been.
-Carol