For instance, in Texas if a seller does not give a buyer a disclosure of the property condition, the buyer can rescind (cancel) the contract up to the day of closing for absolutely no reason.Originally posted by "Frenzy":Q.2. or do i Have to buy and use the one from the board of realtors that is about 5 pages long?

This is very true in the RE world and evident in our country.For instance, previously it was seen as common place to purchase a property without seasoning.

In the first instance, you bought the property with $105,000 of instant equity.

For instance, he lets all desk phone calls go to voice mail and just checks e-mail once a week.

For instance if Coutrywide is the owner, they refuse to pay the selling side commission to the buyer if the buyer is the agent.

For instance, find a property were the owner is willing to finance and use required repairs for downpayment.

Depending on the size of your market and how sophisticated the MLS database may be, you could try to find a Realtor who is expert at working it to save both of you some time.I set up several different searches for distress property, including wild-card searches by owner (anything with "bank" in the name, for instance), agent remarks with terms like "as is" or "handyman" or "seller motivated," and listings of agents whom I know work with REOs.

For instance, if the furnace needs replacement, would you expect your tenant buyer to get it replaced?

Call a member of local HOA boards (pres or sec, for instance) (or developers) to see which ones companies have worked with and which have been more satisfactory than others.

For instance, growing now might mean having 10 triplexes.