As a buyer, it doesn't make sense for me to spend $300 on an inspection and have you the wholesaler write a contract with someone else before I can submit my contract.What is happening in our market, is wholesalers aren't allowing inspections, want a non-refundable deposit, and in Bienes case, a large one (this is assuming that it is a lower cost property).Is there a solution that creates a win/win for both parties?

I realize this is an extremely old thread, but in case anyone references it I thought I would add a bit of information.

Should I immediate deny this applicant without running any further reference check?

The HUD reference was to the HUD settlement statement from the initial purchase.Yea.

Please give me references based on experience.

Property A I listed January 14, 2011-- was lucky with that one: sold in 7 days pretty close to list priceProperty B I listed December 27, 2011-- sold in 32 days at a pretty strong priceJust wanted to let everyone know how it went for future reference.

Perhaps you've ran onto some good lenders in doing business and you can refer her to one of those.

I've been going over and over this situation in my head since I'm brand new at this and really couldn't think of any solution I could provide that would really work for this seller.

Thanks everyone for the suggestions.I've was referred to two realtors.

In reference to #2, you will not have a bunch of stuff "for the next project" to keep up with because you bought the wrong stuff in the first place.I got off on a different subject than what you asked for just thinking about how different my last project was from the one before it.