Max James
Easement not disclosed, want to terminate contract
A co-worker of mine is in a sticky situation.He is currently under contract to purchase a home which has an easement on the property that takes up about half the yard and is a deal breaker for them. The problem is th...
Rod Coleman
How to fill out the contract when you plan on wholesaling and assigning it
When wholesaling a contract, and you do not have an entity and you plan on assigning the contract do you put your name on the contract as buyers, and at closing the attorney uses the assignment of contract to close in...
David Hart
Paperwork - What Form is Required?
Newbie question alert!
Say I've negotiated a selling price with a motivated seller, and the exit strategy is to wholesale the property via a double-close.
Do I use a standard Real Estate Purchase Agree...
Allende Hernandez
Short rental for buyer before closing
Hello guys,I am selling this property and closing should happen sometime at the beginning of July. Mu buyer closes on the sale of his a few days before and asked if I would rent him the house until closing (just a few...
Ken Sanders
Mortgage Contingency & Commitment Question
I have a pending house sale with a closing date of August 16th. The buyer's mortgage contingency mentions an interest rate of up to 4.5%, however their mortgage commitment states a rate of 4.6% (mortgage commitment...
Albert D.
When can buyer lose earnest money?
All mighty BP experts,Under what circumstances, would a Buyer lose his earnest money if a transaction fails? Thanks in advance.Background:I'm in the middle of negotiation. Seller is asking for serious earnest money ...
Octavia D.
Receiving a non-refund EMD from an end buyer, which way is best?
Receiving a non-refundable EMD from an end buyer, which way is best?Just wondering, since there's ways to fake a check or some other money transaction, what way do you consider is best that has worked for you on recei...
James Wise
Are all of the Sub-To Scammers getting SCREWED with the new interest rates?
How are things going in the slimy world of Sub-To investing these days?
I've heard that a lot of the Sub-To deals that the bank's have previously turned a blind eye to are having their Due On Sale Clauses enforced no...
Karla Bazan
How to start with no capital and credit card debt
Hi,
I have heard many things about wholesaling, but I don’t know where to begin. My dream has always been to invest in real estate, and I was setting myself up for that financially. Unfortunately, last year I went th...
Demetrus Gibson
Can a wholesaler please clear up this closing Question!!!
Im trying to get this right:
Can the end buyer pay me the full assignment fee of (for an example :4k Money Order )
and I walk away, leaving he and the buyer meeting at the title co.
Or does he/ she give me a deposit...