Nevertheless, make your offer based on actual rents.In addition to the items you mention, you'll need to account for vacancies, management expenses, advertising, utilities in vacant units, evictions, legal fees, tenant damage, make ready costs between tenants, etc...

Can anyone clarify any of this - whether it's legal, what kind of negotiations have to happen between the seller and the middle man/investor, and what forms you would need?

Legally, the Realtor has to present every offer.

What I am sure about is that we're in for a collapse of our economy and there will be a lot of suffering.However, his assertion that the free markets caused this mess is absolutely wrong.

Is this legal?

Looking at the property info from the Bell County Website, it lists my mom as having 100% ownership and in the deed history it is listed as Warranty Deed as of 10/15/1984.Does this mean that my mother has a clear title and can legally sell the house?

But there needs to be a legal/ethical way for agents to get paid IF it never closes.Why would an agent want to work for free?

Is this legal?

You would still have to cover any vacancies, interior maintenance, make ready costs, utilities while vacant, legal fees, evictions, advertising, etc.

Tell the agents your going to do you diligence on your offer up front and you will get your offer submited.ever hear of the 80/20 rule......80% of the people do 20% of the work and 20% do 80% of the work.......lots of people are lazy and we must make them do their jobs by what ever means (legal) we have to.