All Forum Posts by: Account Closed

Thanks @Wayne Brooks and @Charlie Fitzgerald. I used the information you gave me to help with asking questions to the buyer's loan representative about the strength of his financing. Thanks again!

Hello, I'm not real familiar with the mortgage process. Someone put in an offer for a 2-flat I'm selling with about 1% earnest money and a mortgage contingency that says he has 2 months to fully qualify for a mortgage before closing a week after that.  Is that normal to put in an offer to tie up a property like that for 2 months, with no real skin in the game, assuming he can just get his earnest money back and back out a week before closing if his financing falls through?  Shouldn't he be required to have more skin in the game with such an offer if I'm taking the property off the market for 2 months? Any advice would be much appreciated.

Thanks very much, love these ideas, haven't thought of most of them, and will be sure to implement them. Every little bit extra helps.

When marketing to homebuyers in the <100k house range, I'm wondering if there are any tricks to reaching them more effectively than a sign in the yard or an online presence? I'm trying to flip a house in this price range, and not quite getting the results I want with those 2 methods of marketing. 

OK, maybe after a few sales/learning experiences I will go the FSBO route then :)

OK thanks. Just planning to sell retail. So I will go the agent route. Thanks again!

Curious if anyone has any advice about - in general - either using an agent or going FSBO for selling a property in the $50-100K range? This would be my first sale and a flip.

Thank you very much for this. Interesting to see what is acceptable and also strategy-wise.

Would it be considered acceptable to ask my real estate agent to list a property for sale on MLS now if I actually want to close the sale in about 6 months from now for tax purposes?

Thank you, Boyd - always helps to have some feedback on this. Gotta always watch those gray areas!