All Forum Posts by: Jordan Good

Listen to the BP podcast, episode 1! It has some great info on this topic! Good luck!

Congrats on taking the first step! Here are a few things you should ask for;

-Get a copy of the current lease agreement (how much longer does the tenant have on the lease, does the deal make sense for you with them at the current rent?)

-Get proof of payment history

-Who is currently paying for utilities, who takes care of yard maintenance?

-on the walk through does it look like the tenant is taking care of the property, can you tell if they are smokers?

-Has the tenant filed any legal grievances against the landlord?

-does the tenant have any pets?

Hope this helps, good luck!

Thank you all for the feedback! I am trying to negotiate some compensation with the bank.  

Hi all!

I am a new member and looking to buy my first property. I made an offer on a bank owned property and they countered and I accepted this offer on 5/24/15. The closing date on the agreement was 7/27/15. Two days later their agent told mine that the closing date would need to be  pushed back until 10/1/15! The property is currently vacant. I am in my 10 day inspection period currently. Any advice on how to handle this? It causes problems because I can't lock in my mortgage rate for more then 60 days, also I'm renting month to month right now. Thanks for any advice!

Jordan