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11 March 2022 | 8 replies
My state's contract has an assignability clause built in with 3 options:May not assignMay assign but buyer is still liable to uphold contract termsMay assign and be released from contract termsIt sounds like you don't know your state's Realtor contract, so you should definitely read it.
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15 February 2022 | 4 replies
I'd retro fit them to get a release in place.
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16 February 2022 | 0 replies
January 2022 Housing Market Update for Austin, TX MSAJanuary 2022 statistics have been released for the Central Texas Housing market.
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18 February 2022 | 9 replies
Thank you for the recommendation, Sonia, from a fellow New Englander active in the Midwest.Are you heading out to Vegas for the Century21 celebration next month?
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31 May 2022 | 3 replies
Unfortunately the seller never made the repair and the title company won't release the funds to me unless the seller signs off on it.
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18 February 2022 | 2 replies
If large tenant is coming due like that the lender often imposes heavy reserves per sq ft in anticipation of the tenant not renewing and owner having to pay out TI,LC, and attorney fees to get re-leased along with down rent time.
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21 February 2022 | 8 replies
Sounds bad but it’s real.3) legally, if a military member is deployed, you HAVE to release them from the contract and if 40 of your 70 units has military personnel, you could find yourself with 40% occupancy.Just food for thought…
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24 February 2022 | 7 replies
However, they might not- if they balk, you will need to offer a concession- maybe release some of the earnest money to them or offer a small increase in the purchase price to cover any potential FHA appraisal repairs.
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26 February 2022 | 3 replies
With mom and pop tenants would make sure rents are way below market so if they go dark after your release costs of (TI,LC, and legal fees) you at a minimum break even or have some upside on NOI growth.
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23 February 2022 | 9 replies
They typically release the funds to you in stages as you perform work on the job.