All Forum Posts by: Courtney M.

Hey Jeremy. When I list my LA properties on Craigslist, I get ALL kinds of calls from people offering to bring me tenants if I pay them a commission. I always say no. I always rent it to other people within a week. If you want to hire someone, thats up to you, but if the prospective TENANT hired someone - you dont owe them anything.

I rented my 3 bedroom out in LA for $3000/month last June which was fair at the time. Had the house re-appraised in August and they told me I was already below market rent. It definitely isn't plateauing in LA. But once all these small lot developments start popping up - it may. 

I understand this isn't acceptance, but its the document the bank needs FOR acceptance, and it is in and of itself contradictory. @Fay Chen - no loan contingency, its a cash offer. 

Wow. I am shocked that so many of you sign these deals when they are glaringly contradictory. 

My agent has given me 4 options: Sign it and hope for the best, don't sign it and walk away, submit my offer with an attorneys letter requesting the changes, or ask for more time to see the property again and take my contractor. 

@Jassem A., @Russell Brazil, @Joe Splitrock, @David Dachtera

@Jake Thomas, @Account Closed

Ok guys. Here are TWO statements within the SAME addendum. If someone knows, please explain to me how these are not contradictory.

"The purchaser waives the following: any right to avoid this sale or reduce the price or hold the seller responsible for damages on account of the condition of the property"

AND THEN

"within 5 calendar days of receipt of any inspection report prepared by or for the purchaser...the purchaser will provide written notice to the seller....if the seller elects not to repair the property, the purchaser may cancel this agreement and receive all earnest money deposited"

Are these NOT contradictory? They are in the same addendum....

@Jassem A. - They required an increase of 10%. Which is no small amount to sneeze at in Los Angeles. I WANT the house - but I sure as **** wasn't going to get up in that attic myself when I was expressly told by both agents that I could do inspections. 

@Russell Brazil - I had an attorney who works in real estate law look at it. He agreed that they sent me two contradictory documents. If they WANT the terms that are in the addendum, they can't have contradictory terms in the REPA they sent me. 

When I say "they agreed", I mean THEY sent ME the final REPA - so if there were terms in there that they weren't going to be ok with - one would think they'd have stricken those during our back and forth countering. But they didn't, and it was in fact expressly discussed. 

@Joe Splitrock We sent an offer. They sent a counter - which was just an email of changed terms, like closing date and increase in earnest money. This went back and forth a couple of times, and EMD was discussed.

We all agreed. And then THEY sent us what they'd like us to sign. One of which IS a standard REPA with everything that we had discussed, with their added changes etc, and THEN this addendum which we hadn't seen before and had not even been discussed. But some of the articles in the addendum contradict the REPA that THEY sent to us to sign. Both documents are coming from the listing agent, but are in contradiction to each other.

@David Dachtera I understand that it's as-is and that they won't be making repairs. But my agent told me that I can still get my EMD back after inspections if I find out the foundation is crumbling or something. Why even allow me to do inspections if not?

@Jake Thomas - they will not allow me to do my inspections until I've signed the addendum - i've asked.