Ben Leybovich
Under Contract...Finally, after 5 months
17 August 2018 | 30 replies
Well, I don't know how many deals you guys are getting, but after 5 months, several hundred underwritten deals, and several best and finals, we finally are under contract on a 98 unit value add.What it took:- $100,000 EMD- No Finance Contingency- $50,000 Good Faith to lender- $15,000 to attorneys for the PPMBig shout-out to my partner, @Sam Grooms.Now we just need to close...
Kristie Giles
Highest and best – waiving all contingencies vs escalation clause
26 July 2018 | 1 reply
I've been doing cash (via HELOC), 10-day close offers with no contingencies besides an inspection contingency (per my agent's recommendation).
Roger R.
Property taxes after you purchase
28 July 2018 | 11 replies
Just like a lawyer on contingency.
Shimi Elimelech
Areas and properties info
1 August 2018 | 3 replies
Just look for a comp that is in similar condition with other similar specs like sqft or missing contingencies etc.
Abena Cannady
Getting out of an AS-IS Cash purchase?
3 August 2018 | 12 replies
I'm going to add a 3 day inspection contingency.
Jake Walroth
Can you get sewed for damages for not closing?
8 August 2018 | 8 replies
(I'm the buyer) This agreement didn't have any contingencies- Appraisal or Financing.
Kelsey G.
Seller and Tenant Backdated Lease Misrepresenting Sale
4 August 2018 | 4 replies
I made an offer on a 4 family house in Massachusetts that was accepted contingent upon review of the leases.
Brett Holton
Buyer started working on home before closing.
3 August 2018 | 2 replies
Signed a contract with contingency about cost of liens and sent to title company, and also signed an assignment to a group of Hispanic investors (including race because of the language barrier).
Geoffrey Jones
70% ARV Leaseback Option to buy agreement in Whiteplains, NY
20 August 2018 | 17 replies
Get is under contract with financing contingency.
Ben M.
Getting a wholesale property inspected before putting on contract
4 August 2018 | 7 replies
Hey Ben,Are you not allowed to have an inspection contingency in your offer?