The Department also promotes economic and community development as well as enforces the nation's fair housing laws.

It's a family deal, grandma owns it outright and needs the cash to maintain a comfortable lifestyle.

It's usually fairly inexpensive.

I just recently launched my career as an investor January 2007 and started my company Paramount Principle, IncI am a web designer/ graphic designer by day and an investor by night trying to build a consistent system and get and maintain deals in the pipeline. ..Short sales. .. . note buying....thats pretty much the direction I seem to be heading in.. ..I love this site and I appreciate the wealth of knowledge available. . thanks!

You neglect to mention the confirmed, as-is, fair market value of the home.

At first I wanted to call the investor and tell her she needs to jump on it to be fair to her, but then I feel like I would be taking away a possible commission from this realtor who brought me the lead.

I would never get into something until all of my ducks are in a row...meaning that I have already established a solid network of investors waiting for my deals (which I have), and having a custom Purchase Agreement with enough contingencies to cover me whether I cannot find an invester to assign my contract to (this is the worse case scenerio)...if it were completely impossible for me to assign my contract, my agreement allows for me to walk away from the deal without any risk to me (although this is not fair to the seller).

this is a contract which brokers use to assure they get paid.signing a buyer agency agreement is in your best interest because the agent then works for you and owes honest and fair dealing to the seller...but he/she works for you, on your behalf.you see - you've got to understand how realtor's do business.

There were no rent credits to be given.Basically my question is - Is it a fair settlement to offer him a 50%refund of his option fee?

In any event, even if he does call his preferred investors, then that would call for a multiple offer situation and that way everyone has a fair crack at it.