In the meantime I started marketing the house with for rent signs, news paper ads, Craigslist, and several other internet sites.

The biggest challenge (and this is what I had to learn the hard way) will be to overcome the decades-long stigma that has plagued the neighborhood and get prospective tenants to sign on.

For example: Buyer signs an agreement with a minimum commission of $3000.

I was thinking a free months rent in return for a signed addendum from myself/tenants stating that the lease ends when the transaction closes, whether it be them who purchases or someone else.

In the event he does not cure the lien you cancel the contract and get your EMD back for default of the seller.The seller has no recourse against the title company, he likely signed a document agreeing that the property is free and clear, which it is not and a document which says he will cure any material defects with the sale.

Only you and the seller need to know what that amount is and once they sign the agreement you can make the introduction and then step out of the way as you will only clog of the deal.

I am not an attorney but I know in PA you can wholesale if you sign an assignable AOS and give them legal consideration ($1 in contract I use).

I realize verbal agreements mean nothing, but it did leave us feeling very positive that we would get the signed contract.

Hi, I've been enjoying this site for months now and finally signed up.

Hey guysI have a contract that has been signed recently.