Account Closed
Not disclosing sellers disclosures?
Long story short... We just closed on a house and during the initial process the sellers agent told us there were no seller disclosures. The day after we closed on the house the sellers agent sent our real estate agen...
Lee Perry
Are Termite Inspections a good practice
I have heard several different takes on this so I want to throw it out there. Is it good practice to call a termite company to come out and check even though there has never been termites or any signs of them. I hav...
Patrick Philip
What if I refuse to grant an extension?
I have some interested buyers that got the house under contract, with a deadline to cancel for inspection period today. Their realtor got back to me today and said they want to extend the period for 2 days to allow fo...
Gorden Lopes
Looking at a duplex in fremont with Termites - Things I should do
Hi Folks,I am currently looking at a house in Fremont area and the seller agent has mentioned that the house has termites. I wanted to get insight from other bay area investors on how to deal with this situation? I wa...
Kim Coleman
Termites found in Baltimore Row Home
Advice for how to proceed for an investor new to Baltimore City and the property has termites? Walk away? Ask seller to pay for some kind of warranty against re-investation? Thanks for any and all suggestions and stor...
Bradley N.
Why is the broker required to sign the "Contract Release - Earnest Money Disposition Request Form"
I am under contract to buy a HUD home as an O/O. I had an inspector meet me at the property and he believes I have a termite issue. I am having a termite inspector out next week to confirm and give a repair estimate. ...
Murtuza Bengali
About to close first house - inspection report revealed TERMITES!
Hello dear BP members,We are rookie investors who have been studying the markets, talking to agents, property managers and fellow investors diligently since the past few months. After going through multiple deals and ...
Kay March
Termite Inspector says wood rot, but agent won't show me report.
Selling a single family house FSBO. The termite inspector showed me and the buyer some minor wood rot. The buyer is getting VA financing. The buyer's agent claims I must repair the wood rot in order for the VA to see ...
Carol D.
Do I need a Termite Bond?
I had one of my properties inspected today and the inspector is telling me I need a termite bond. He said the house has no signs of active termites but signs that there were termites in the past. I have not owned th...
NaTarrio Jones
Active Termites...Renegotiate or walk away?
Hi BP Community,I just got an accepted offer on a Duplex in a class C neighborhood. After accounting for vacancy, maintenance, capex, and property management I'm looking to cashflow around $415 per month with an 18% ...