Hi BP,So my brother and I are buying our first home in Sacramento with intention of house hacking. We are speaking with the seller who wants to sell the house as-is, which I understand but the seller also wants us to ...

Please forgive my newbie question, but I see that there is a contingency fee AND an ernest money fee in North Carolina. Can you help me understand how these are used and how they differ from each other?  Thanks.

Suppose you borrow private money for a deal and the deal goes bust. Now with a bank mortgage there in normally a 'deficiency clause' allowing the bank to try to seize other assets you may have if the foreclosure proce...

I'm about to make my first offer on an investment property.  SFR property with a tenant that pays $425 a month.  I obviously want a contingency stating that I want a free and unencumbered title to the property, and th...

My offer has been accepted on a bank owned property. My Listing agent is reading to send over final contracts and suggesting to include a financing contingency. I couple of investors interested in the property who wil...

preparing to make offer on an out of state property and unsure about how to word/handle financing and inspection contingency clauses. I want to protect myself in the event I can't find decent financing (asking $1.2M) ...

During the inspection period you are made aware that the repairs are much more extensive then you originally anticipated.  So you go back to the seller and ask for an amount off the sale price.  They take a little off...

Is it typical for a flip deal to have the deal contingent on a favorable home inspection to protect the flipper?

Just to clarify if within the 10 day inspection contingency clause I decided to back out because I can't find a buyer do I get my EMD back?I watched a Flipping Mastery video and he explained it where this is totally a...

Now I know I need a Inspection clause in my contract but what about any other contingencies that I may need to place in there, would I place it on the purchase and sale agreement or an "Contract Addendum"? or it doesn...