All Forum Posts by: Chuck Mader

Thinking you are correct!  

@Jose Trujillo

I am way confused. You say you closed but then you say the money will be held back and that your partners own broker is simply pushing to close.

Honestly, if at all possible stop this transaction. Stop it now. Way, way too many red flags.

Do not be a desperate buyer.

@Gary Barella

Always believe in change. Always. :)

@Sam Leon

For what it’s worth, I’ve never broken a fridge handle nor a microwave handle.

I’d document it, wouldn’t fix it, and hold back the security deposit. (If they fight you, you might lose) and I would not renew.

“The offer price is irrelevant to the REA's role as the buyer's agent. As it is, I will probably have to raise my price as I knew my offer was low.“

- do you look both ways when crossing in a crosswalk?  

The REA still does have influence, like it or not. (No, I’m not a realtor.)

If I didn’t know better, I think your simply trolling. 

As I understand it, you are rehabbing and renting the mobile homes.

Can you do a few lot rentals to mobile home owners while building up the reserves?

Once reserved are built up, then move back into rehab/rent of your units?

Did you consider maybe just dropping your offer price by whatever “rebate” you’re trying to squeeze out of the agent?

Seems you have a much better shot at having the agent sell your slightly lower offer to the bank if you weren’t trying to pick her pocket too.

What makes you think the other offer is full of contingencies? You are not the only buyer out there making no contingency, cash offers.

@Josue Vargas

We have arranged for the contractor to “go shopping” and we simply pay for it.

Wins on both sides as it lets them spec everything and we control the payment.

 I hope you get out of this ok and thank you for the write up so others can learn from it.