Only once both you and the seller agree on the details is the contract final.

Hence reading of the details can make or break a deal.

Do some searching around and you'll find details on how this situation can be treated by the courts.

Justin is spot on.If someone was to show up to a business meeting and they took the time to bring along business cards they would likely have full contact details.

A little motivation to those that are struggling, that's all.If you can, tell us what area the property is in,original list price,list price at sale,purchase price - negotiation details,seller concessions,days on market,property condition,any inspections,financing,smooth closing or not,agent(s) behavior,market conditions,etc.And if you've already listed or flipped the property, how did that work out for you?

I registered here recently, and after doing some browsing aroundI've come to the conclusion that I am extremely ignorant at this point regardingthe details of property investment or flipping.

If you just ask general questions, you may not find out some detail you really need to know.Jon

It would likely be mortgage fraud if you are not disclosing the full details to the lender.Assume lenders are more concerned about fraud now than they were in the past.

Please help detail these if you can.

Unless you are providing the equivalent of a mil-spec for the scope of work, there is a tremendous variable in materials, application, preparation, workmanship, project management, and 1001 other details.