20 May 2021 | 0 replies
The contract was a C.A.R. land purchase agreement with a liquidated damages provision. - The buyers signed the release of contingencies at the end of the 60 days due diligence period - Buyers didn’t perform and asked an escrow extension of 4 months which was granted against a full release of the earnest deposit - Buyer signed the release and EM was transfered by the escrow company to my account- After the 4 months period buyers failed too close again- I served a notice to perform as well as a demand to close escrow- Sent the cancellation of contract and escrow but buyers refused to sign and informally communicated their desire to recover their EM- I refused to return the EMWhile the contract is likely dead, the unfortunate consequence of this situation is that the open escrow must be disclosed to the new prospective buyers which obviously is a turn off and causes me financial damages.I talked to an attorney who thinks the contract is void and suggested sending a formal letter to the buyers from his office to have them sign the cancellationThoughts anyone?

22 May 2021 | 12 replies
Moreover, it's a bathroom door, and they are always prone to minor water damage and paint damage.

26 May 2021 | 4 replies
I sent a certified letter within 15 calendar days notice of intention on the deposit with printed copy of estimates for the damages.

23 May 2021 | 6 replies
The first year of ownership - whether a newborn animal or a rescue - is the most likely time for damage to occur.

22 May 2021 | 4 replies
I'm three blocks away from that project, and it has lot of potential.

21 May 2021 | 1 reply
Recently, a common pipe within the building caused damage to a small portion of the floor.Thankfully, the building’s management company accepted responsibility and would like to move forward with repairs.

30 May 2021 | 6 replies
Or are they using Block/ concrete?

22 August 2021 | 1 reply
A high end investment property is a little stressful in regards to damage Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

9 February 2022 | 34 replies
I am financially ready to make the jump into realestate investing however, I have a job that requires a lot of my time. When I say a lot of my time we are talking 65 to 70 hours a week. Today for instance I was seto t...

21 May 2021 | 0 replies
My flood insurance policy covers property damage but doesn’t cover loss of business income.