The only thing I held firm to was I want the bank to pay all closing.

You need to make sure that your exit strategy is TIGHT.I would personally get money from the buyer of my contract and let it be held by the Title company or attorney which ever your states uses.

I agree Dave, you are absolutely right, and you've brought up some very important points - ie. land does not depreciate, short-life assets can be replaced and depreciated too, and all methods will yield the same cumulative deduction if the property is held that long - most of these complexities were edited out of the article to make it a more simple read for viewers.

the other buyer went to $305K...i held at $300K but its kinda killing me- to lose out by $5k...but even if i went back in at $306K how do i know the other buyer wont lift to $310K, so im done on this deal, although the broker said he'd put both offers in and see what the bank says...

She's allowed to sell her own stuff, but paying $30K for two broken lawn chairs and a poker table might be considered risky.We are probably putting the cart way ahead of the horse though.

Madoff Investment Securities LLC, the closely-held market-making firm he launched in 1960.

OK, if there is a signed deed being held in escrow, then it is probably time to record the deed, hire another contractor to finish the rehab and then get the property sold.

If any provision of this title or the application thereof to any person or circumstances is held to be unconstitutional, the remainder of the title and the application of its provisions to other persons and circumstances shall not be affected thereby. **** In CA, tenants have 60 days to vacate.

I want to list a property held by an asset manager but unsure of the correct wording of the listing agreement and potential sales contract.

Almost zero interest and get paid interest on your reserves.....http://www.federalreserve.gov/newsevents/press/monetary/20081006a.htm Interest on ReservesThe Financial Services Regulatory Relief Act of 2006 originally authorized the Federal Reserve to begin paying interest on balances held by or on behalf of depository institutions beginning October 1, 2011.