Advice to fellow newbs out there in wholesaling, TAKE ACTION!

AFter it get s before a judge you may have a problem.IMO, more mobile home installment agreements fail as they are tuff to finance anyway, so the buyer fails to meet any balloon payment and the ball begins to roll toward court action.

My action plan is to contact the current tenants to check on timing/walkthrough/cleanliness then advertise ASAP.

Sorry for so many questions, but I am trying to take some action and coming up empty.Thanks much!

Which means that if the seller backs out, they'll still be on the hook for the agent's commission; if this house is in CA, it's quite likely that the commission is more than $8500 (the amount of the pest control).I'd have your agent remind the listing agent that their client will be on the hook for the buyer's agent commission, plus also may face other action from you.

If you feel/know that a realtor/broker is selling a bank foreclosure to a friend or relative and taking actions to give them a competitive advantage, like telling them other peoples bids, restricting access to property for others while the insider knows the true condition of property.... what can be done?

i could be incorrect about your state but most states don't allow that. if they did, banks would be charging anyone with a loan that amount all day long.If that rent is under $1,000/month your $100 late fee would be considered "unreasonable" by a judge in any legal action were required.

Mike, probate is not rocket science, you can speak to a probate attorney and in 30 minutes you'll get the process of probate actions.

I think your best course of action is to let her know in advance when you plan to work on something, and ask that she (temporarily) move things out of the way.

You started brand new here and jumped in a took action right away.