Section by section.Also any personal experiences on strategies used during closing would be great.So far I've learned about:What it means to sell "AS-IS" therefore stating the cost of repairs would be at the buyer's discretion.Also, including the cost of transfer on the seller and buyer, respectively (especially with PA's transfer tax law).I also understand getting both agreements notarized is wise.If there's anything else that I should be aware of, please let me know.Thank you in advance for all your insights!

It's also common for buyers to overpay for real estate.

In my experience, those large cuts are normally due to findings during inspections from past potential buyers.

You should ask them if they have done wholesale deals before and represented different buyers, sellers and wholesalers.

Note that brokers are being bombarded with buyers, and having problems finding sellers. 

I wanted to get insight on how to market this home to find and attract the right kind of teant/buyers at this price point.

If you get the property tied-up and don't like the due diligence, think of the hard deposit as a "Lease Option" payment and try to JV or assign the contract to another buyer in the area. 

My question is: Since the contract is under addendum; can I market the house to potential buyers on my website and social media in case the first deal falls thru?

SFH more competition from first time home buyer and all cash buyers...

I am a first-time home buyer in a complicated situation.