Certain factors which may indicate that there has been a valid verbal agreement to transfer ownership of property (as opposed to an agreement to transfer property by way of lease, license or similar arrangement) include:* cash, a cheque or a mortgage indicating payment for the property and a receipt given by the vendor;* at some point, a deed evidencing the transfer of ownership would be registered on title;* written memoranda of understanding between the parties or professional advisors indicating the date ownership is to be transferred which may be evidence of the existence of the verbal agreement;* an order for specific performance of the verbal agreement from a court of law.Where the parties are claiming that a verbal agreement to transfer ownership has been made, the onus is on the parties to prove that such agreement has in fact been made.

They say they are firm, my banker says hold tight for a couple of weeks at my price due his concerns with Edwardian era heating technology.200+ days on market. 6 year old roof, exterior is gorgeous, interior dated with kitchens and baths ranging from 1930s to 1980s.

The key difference I see now as opposed to 08 is rates are so low that people can continue to stay in their homes.

I saw two interesting options today, both have exterior damage due to poor maintenance.Can someone recommend a contractor in the South Side of Chicago?

I am sure the Beverly Hills, Rodeo drive, or Santa monica buyer will have different tastes than a buyer in inglewood, eagle rock, or el monte areas.In my experience it has been up to $35-50 to replace roof, siding, exterior paint, landscaping, Hvac, plumbing, and the major components along with the costmetic components mentioned above.

But, again, if you love that exterior DIY stuff then not so much..Also, if you have any specific questions, just quote or mention me  and I can come back and fill in (I don't know much about massive conversions or building or developing new ones, just owned and rented a few and been on 3 boards).....

You can continue to work with the same CPA and benefit from his contrasting perspective - while choosing to invest in RE knowing that you've given thought to the opposing perspective.

which is perfect condition... except it's decorated for the 85 year old man who lived here before.I'm excited for these projects but really know nothing about design, interior or exterior.

But I'm sure the cost to build doesn't vary too much from county to county (as opposed to cost of land). 

The parking lot should have good drainage (usually as 1-1.5% min. slope), but the grading of the building slab should be relatively flat (0% to 0.5% depending on what are the foundations (exterior for drainage 1-2% slope, interior definitely 0% slope).