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Updated about 10 years ago,

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4
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0
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Chantal Moss
  • Orlando, FL
0
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4
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GOT OWNER TO SIGN "AS IS" PURCHASE CONTRACT THEN WHAT?

Chantal Moss
  • Orlando, FL
Posted

Im assigning the "AS IS" purchase contract to a buyer. I have some questions

1. On the  "AS IS' contract, do I put my name on the buyers line, the investors name? 

2. The owner put on the contract that she only accepts bank wire for final payment, can the investor go to escrow and have it bank wired to the owners bank?

3. The owner put deposit held in escrow is $10,000. How did she determined that? is that too much?

We have a deal for $119,000 cash. She posted for $123,000 and I talked her down to $119,00. For a 2 bed 2 bath condo with 1400 sq feet in great condition. I'm planning to sell it for $140,000. Is that too much? How do I determine if thats too much or too low?

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