All Forum Posts by: Joshua Meyers

Hi all! I'm looking for some quality Denver Contractors for mid-range renovation projects. The potential to have steady business through me is excellent and I plan to scale heavily in the next few years. Always looking for solid people to provide work to and surround myself with. Also, any and all recommendations are highly appreciated! Thank you very much everyone and I look forward to hearing from you! 

Jerryll Noorden you can absolutely do this. If your buyer cares about the assignment fee then you have the wrong buyer. You should never feel wrong or guilty for making a nice chunk of cheese on a property. Let's put it this way. Buyers don't like big assignment fees, but if you way overpaid for a property would a buyer bail you out? Doubtful. It's a business transaction and you're there to make as much money as you can without being greedy, selfish, or unreasonable. I say well done!

Ashia King It's partially your fault but partially the buyer's fault as well. I'm going to assume that you don't know your buyer that well, or I can't imagine they would've stolen the property out from under you. I'm sorry this happened but for $4000 it's probably best to just let it go and learn from the mistake. The cost and time to pursue legal action might be of better use finding another deal. I recommend investing in finding better buyers and developing a system/rapport with them. Our buyers know that if they steal one we'll never do business with them again. They have no reason to try and go behind our back because it will cost them much more than the assignment fee

Ashia King your buyer screwed you over. They were dirty enough to undercut all the work you put into the property for $4000. How did the buyer and seller link up without you knowing anyway?

Welcome to Denver!

Anna Schellin Where would you go? That seems to be the question I keep asking people who want to sell in Denver right now. If you want to move out further into the suburbs it makes sense, but to try and buy something close to downtown is so competitive right now. It's a tough decision

I'm seeing a bunch of homes that AREN'T appraising for what the contract price is, but most of these buyers seem to be happy to just pay the difference and still close. This market is crazy

This is probably an ADA topic. Probably no different than someone who is in a wheelchair and would require reasonable accommodations. You can't refuse them because they're in a wheelchair but it's their responsibility to pay for the changes needed to bring the property up to speed with elevators, wheelchair ramps, bathroom handles etc. I don't see why a service animal would be any different. They have to provide the money to make any changes that are needed for their disability/service animal and they're responsible for returning the property back to it's present condition once they move out minus wear and tear costs. This is an interesting topic and I'm curious to see what other responses you get. I could be 100% wrong. Let's see what happens!

Sharath Kumar I'm working with a couple who want to buy in that price point. Are you a cash buyer or financing? Condos from 75-100 are going under contract usually within a day of listing and sometimes within a few hours. My best advice would be to come up with an on the fly strategy to be able to put offers in quickly, otherwise it might be tough. Good luck!

Matt M. I also am noticing the softening around $600+. Even anything close to $500k seems to be pretty competitive.