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26 July 2024 | 1 reply
Is it as simple as contract the new home with a move in date within 30 days, and write the lease back agreement with the current owners separately therefore leaving it still as a primary residence?
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2 August 2024 | 53 replies
most banks prediction these days doesn't come up with 1 forecast but they come into 4 scenario, what happen if there's hard landing , no landing, soft landing or we take off LOLbut most banks are in agreement gdp growth is lower than 2023 and unemployment is higher too so they're all agree that main economy is midly bearish at very least
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26 July 2024 | 1 reply
Quote from @Preston Gealy: It's impossible to answer without seeing your entire lease.You have a Pro account, which includes the Lease Agreement Package under "TOOLS" at the top of your screen.
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26 July 2024 | 2 replies
There are several components to keep in mind, none are too complicated.Provide a Purchase Option and a Lease Agreement as separate documents, if they dont pay rent, you can just show the lease agreement to the courts (without showing the Purchase Option and complicating the eviction).
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25 July 2024 | 3 replies
made an offer on a property only to find out later that one of the units was going through an eviction.tried to extend our inspection contingency to no avail to buy us some timeended up not being able to come to terms on how to proceed with sellerthe last HOUR of our inspection contingency the seller offers to try and buy out (cash for keys) the tenant the next day (he had a property manager handling the eviction and wasn't even aware of it initially).i get a (risky) oral agreement that even though the contingency window had passed, if the plan falls through my client will still get their EMD back the next day the seller ends up buying out the tenant for a bit over $3,000 and now we can move forward with the deal without the headache of a problem teanant/ picking up an eviction.
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27 July 2024 | 15 replies
In my market, if I do not remove contingencies or change the standard agreement I have 17 days to pull out for whatever reason I desire.
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26 July 2024 | 1 reply
It goes without saying that you should get the lease agreements as soon as possible so that you can have some transparency into the number of occupants, the rent, any agreements, utilities paid/not paid by the tenant, parking, storage, responsibilities like lawn/snow, expiration dates, special clauses, etc.
29 July 2024 | 40 replies
Discuss terminating the lease with the tenant and enter into a termination agreement for her to leave by a date certain.
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25 July 2024 | 24 replies
The termination would have included an agreement for how to disperse the EMD.
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26 July 2024 | 10 replies
I am starting to see more people put a cap on electricity in their lease agreements, though.