If the seller gets $250 and the nonrefundable deposit is $1000, you still walk away with $750, on a deal that never happened.I'm not quite sure I understand.

Also my credit score is quite low around 500.

I got interested in the market by doing home loans as a side business early this century then started selling RE and ultimately quit doing Engineering.

FSBO'd the sale and voila before closing we were told he (the former land contract tenant) had to sign a quit claim paper prepared by the buyer's closing attorney to complete the deal.

I quite enjoy playing pool with my friends on the weekend when time is available.

If the tenant has a very good job that they can't quit, you've got a chance.

It's kind of nice hearing that I'm on the right track, because right now I am feeling quite overwhelmed with all the information that I need to learn.Overwhelmed and excited all at the same time I should say...Thanks a bunch

Not quite sure how to read that.

So, you pay one set of buyer costs and one set of seller costs.Its not quite that bad because not all fees apply in all cases.

We've got quite a few contractors on the site and we relish your advice.