When you get into large balance commercial contracts you tend to have commercial attorneys redlining a word doc with changes back and forth until a final document is ready to execute for a purchase and sale agreement.Your real estate agent/broker and the sellers real estate agent/broker are NOT,NOT experts when it comes to legal language.

The markup simply has to be higher, because otherwise a single return trip could redline a project.* Single-room projects in tight spaces are harder to schedule, because there's physically less space... so trades have to be sequential instead of concurrent.

I want to sell one of my Washington, DC. properties to have a larger down payment for a new primary residence in Irvine, CA.The property is a condo in Northeast Washing DC (Brentwood neighborhood near the Red line Rhode Island metro station (0.07 miles) that has been on the market for 135 days and isn’t selling.

I filed a complaint with HUD stating that the lender refused to extend a mortgage to a qualified buyer causing them to become homeless, falsified and appraisers report, issued instructions on repairs they were not authorized to do...and have effectively "redlined" a low-income client...all violations of fair housing and fair lending...So, what do you think...I've never seen anything like this in my career...not even close.

I purchased an REO from Bank of America several months back near the Rhode Island metro station (Red Line) I knew it was priced slightly below value based on my research, Comps, and ARV, so I offered list price, I did this knowing most people will low-ball an REO price no matter what the price is because that's what the Guru's, Podcast, and online forums said you're supposed to do with REO's because they said so, This property appraised $25K above what I paid, I spent another $16K having a contractor do some minor rehab on the property (all cosmetic).

It all started with Jimmy Carter and his Community Reinvestment Act and the Bill Clinton's prohibition of red lining neighborhoods.

Red line is unemployment (left axis).

I have had customers present their own contract but once they review mine we usually just red-line any changes they wish to include or exclude.

My RE agent told me the practice of excluding certain areas is called redlining and is very illegal.

Well I did a little staging (bought out the red line items at Garden Ridge pottery) and went ahead and dropped the price to $850 at the one week mark and now I have so many showings I can't keep up.