She knows that when she brings me a deal that meets my criteria, I WILL buy it immediately.

I guess the second bank would keep a lien on the house.The sellers' attorney is having a difficult time with the banks and doesn't think that he can bring the two banks to an agreement.

That brings me to my next concern.

first of all - if he's a buyers agent - meaning he will represent you, the buyer exclusively - the selling agent pays his commission.for every listing through a broker - there is an automatic split - for instance, at X real estate brokerage - they have a minimum that they'll take, say 3%...then when the get a listing, they'll take a 5% comission, offering 2% to agents bringing a buyer.forget this guy you met.

I would keep ALL of his option money and insist that he immediately bring the rent current before he can sell the property.

Any new construction/renovations is going to require you bring everything up to current code.

When you rehab for retail or for rental, do you do some things that are not very expensive, but that bring a big wow effect?

My initial reaction is that they should have at least placed spacers under the decking in that spot to bring it back to the roof pitch - to me they took a shortcut.

Also a point he mentioned that I was getting to (or planned to) was that an Agent isn't going to do that unless your bring major value (unfortunately most don't).

It might be the seller bringing cash to the table.