I'm happy to report that I just put my place under contract this weekend.

Having to dig up the parking lot and redo the line to the street and repave can be many tens of thousands of dollars depending on the length of the run involved and how deep the lines are.Make sure you have the full financial numbers from the seller and they verify before spending thousands on inspections to only find out sellers numbers are wrong and they will not adjust the price etc.Hopefully in your purchase and sale contract you had language such as due diligence period does not start until ALL of the items listed are received by the buyer.

There is little to dispute here as far as failure to perform on the contract (assuming the contract doesn't give them a longer period of time to finish than you are claiming).

BP community,Recently I was negotiating a 10 unit deal and got all the way to final contract revisions, and my partner and myself decided to stay put and not move any further.

I would highly recommend that during your option period or contract negotiations that you ask to see a copy of the restrictions so that you can determine if this falls into your objectives and tolerance.

Sent him the contract Friday and he was all about it.

But if you want to buy a property with a good tenant in it already, you can always write something in the contract giving you the right to do a standard background check on the the current tenant.

My buyer accepted it with no hesitation and we got it under contract.

Hi all, i am currently under contract for a rental property in Longview.

Do you know the exact break down between Park Owned Homes, Tenant Owned Homes, and homes that still have a rent to own contract on them?