first of all - if he's a buyers agent - meaning he will represent you, the buyer exclusively - the selling agent pays his commission.for every listing through a broker - there is an automatic split - for instance, at X real estate brokerage - they have a minimum that they'll take, say 3%...then when the get a listing, they'll take a 5% comission, offering 2% to agents bringing a buyer.forget this guy you met.

Thanks so much for the inputs of both pros.I am ok with Special Warranted Deeds + title Insurance (maybe subject to some special exclusion), but how will my potential buyer get when they are purchasing the property after rehabbing for couple of months?

I'm uncomfortable with this as I feel a studio is meant for 1 adult.

Here our privacy laws - and good judgement - would preclude providing personal information about one tenant to another.They're adults, they can work out their own issues.

I think the agent needs to fire you as a client.I know you are young and just getting started but you seem to think you have some kind of exclusive claim on their time.

@Mooro El , one thing to keep in mind is most listing agreements I have seen are exclusive so I doubt they would let their commission go even if you were able to sell it so you need to plan on getting enough to cover that as well, if you do not have a signed agreement with the seller and broker the broker could try to steal your sale as well, so whatever you do get an agreement in writing with both seller and broker.

If there are no remaining adults, but, at least, one minor, HACA will immediately contact the person identified as the "emergency contact" and determine who will care for the minor(s).

Karyn, I'm way south of you and deal exclusively in low income buy and hold, but like to shot out a hello to new members in Washington, so welcome!

The definition of Other non-interest income is:All non interest income of the bank not required to be reported elsewhere, including (but exclusive to):1.Income and fees from the rental of safe deposit boxes;2.Income and fees from the sale of checks, money orders, cashiers' checks, and travelers' checks; 3.Income and fees from the use of the bank's ATMs;4.Income from performing data processing services for others;5.Earnings on or other increases in the value of the cash surrender value of bank-owned life insurance policies;6.Rent and other income from Real Estate Owned.Alas, using the Statistics on Depository Institutions Report page doesn't provide granularity to see just the Rent and other income from Real Estate Owned.

We would like to ensure that you have a clear understanding of our rental process up front.We will conduct a credit and background check and contact references as part of the application process.It is important to provide a clear and complete application to make this process as smooth as possible.Please ensure you will meet the following qualification requirements before applying as there is a non-refundable application fee:Stable, verifiable gross income of at least 3 times the monthly rentFavorable credit history - no judgments to prior landlordsPositive references from previous 3 landlordsNo eviction historyClean criminal background check – no feloniesAll applications must be accompanied by a non-refundable application fee of $25 for the first adult and $15 for each additional resident over 18 years of age.This fee covers the cost of the credit and background checks.Again, we encourage you to apply only if you are confident in meeting the qualification requirements.Applications will be processed in the order received, and the fee will only be charged upon processing.If the apartment is rented prior to your application being processed, we will return your application fee.We use TransUnion SmartMove for our screening process.Upon receipt of a completed application with fee, we will send an invitation for you via e-mail to complete the application with SmartMove directly – there will be no additional cost for this beyond the application fee.This process helps protect the integrity of your personal information.