All Forum Posts by: Andy B.

for the tray, I have always placed it in a plastic bag from the grocery store and then poured the paint into it (on top of bag). At the end of the job, you just pull the bag off, turn it inside out (so the wet paint is now inside the bag) and throw away. No cleaning required for the tray itself and the grocery bags are free.

Seller's initial is not absolutely necessary, but it is good to have so everyone is on the same page.

Technically, Buyer's initial is not necessary either -- Buyer is signing the modified contract -- I just prefer to add it so it stands out as a change and Seller cannot argue that we "hid it"

I just draw a line through the specific performance remedy and initial in the margin near the change. Unless I have an electronic version of the contract -- if I have that, I delete it and adjust the paragraph accordingly.

Bear in mind, my clients are buying commercial property, so I do not know how Sellers of SFH will react

Something I would advise as well is to remove the specific performance remedy from contract -- the Seller should be agreeable to only receiving the earnest money as a default remedy and still retain the property to sell to someone else.

Just read an article that said the inventory has really dried up in the DFW area -- more buyers due to better interest rates, plus investor, plus a severe downturn in the number of foreclosures being stated as the causes.

The article did not mention when or if it is expected to turn.

I do not think it is legal to raffle a house. I did some research for a client of mine regarding a raffle of cosmetic surgery and raffles appear to be gambling (at least in the state he wanted to do it).

It may be different if you were doing it for charity -- as in, all proceeds go to the charity and no one profits from it. But I have not researched that aspect.

I understand that hard money is not cash, but I'm curious as to why the seller's agent had such a big deal. If I am selling something and they person says he is paying "cash" to buy it and then gives me "cash" why should I care that he borrowed the cash?

I can understand if the difference is an offer that requires loan approval, but if the end result is that on the closing date I get the full amount why does it really matter?

If you are buying in Texas, you will most likely never see a General Warranty Deed -- most everything here is done on Special Warranty Deed.

only the person or entity that has the legal right to lease property can be listed as the Landlord.

You could list your business entity as the notice address for issues or whatever, but the entity leasing the space would have to be the entity that owns the property (in this case you)

figure out what area of town you want the office to be located in and then drive that area to look for office buildings. Most will have a sign indicating who the leasing person is for the building and you can call them to see if they have offices in your size/price range.