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31 March 2018 | 4 replies
I have a few questions:1) I was thinking to offer 365$, with an addendum that says offer is valid only if all furniture is included for free, and also with a appraisal contingency clause.
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30 March 2018 | 9 replies
The other part of the issue is your financing contingency.
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29 March 2018 | 4 replies
I'm currently under contract on a smaller, 5-unit commercial office/retail property. 4 of the 5 leases expire in April/May of this year, and one of the contingencies of the sale closing is that 3 of those 4 soon-expiring leases renew for at least one year (I have full negotiating power over those leases).All of those tenants have showed no intention to vacate, and are happy with their current situations.I've seen/read in many places that it is best practice to stagger leases as much as possible in order to avoid the possibility of multiple tenants moving out around the same time, leaving numerous units to be turned over.Would it best for me to try and get 2 of the 4 tenants to renew a two-year lease (which they've done in past) and the other two tenants agree to a one-year or three-year lease (both have been year-to-year in past ).
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29 March 2018 | 1 reply
If I do want to move forward, how should I structure a contract to provide me maximum contingency options and protections?
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29 March 2018 | 2 replies
If I do want to move forward, how should I structure a contract to provide me maximum contingency options and protections?
1 April 2018 | 7 replies
Full cash offer with no finance contingency and quick close.
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6 April 2018 | 9 replies
We ended up buying the property, but, had to adjust the Rehab numbers after the inspection during Due Diligence.I always include an inspection contingency with my offers just encase something severe turns up during the inspection.
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3 April 2018 | 22 replies
Just hire a property manager to find you one, and make the lease contingent upon the closing of your sale.
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2 April 2018 | 7 replies
on our MLS we have something called bumpable.. seller can bump you if there are any contingencies.. and move the other into first position..
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27 September 2022 | 14 replies
Write down your contingencies like Wes suggested and leave that with your PM as well as the POA holder.