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Seller Financing/ agent agreement
I need help with seller financing/RE agent agreement. I am selling a rental unit that I own. I have it listed with an agent and it is on the MLS service. After about 60 days of no offers I began to try to advertise th...
Christopher Goldie
Selling Agent Ethics
My Buyers agent and I spent the past few weeks hammering out a purchase on a SFR. Our offer of $64,000 was accepted last week and a contract was sent to the selling broker with the agreement that at closing the owner ...
John McAllister
Can I negotiate selling price at closing table of buying as-is?
If I am under contract for a house to buy as-is, can I have my realtor negotiate after final walk through at closing table?My main concession would be the cost to remediate mold issues. I did waives on mold inspection...
Carrie Angyal
Seller is trying to back out....Need help!
We signed a contract with the seller's on 1/7/18 for a three family house. Since then we've had the inspection and have been trying to agree on a final contract but have been getting the run around from the seller's ...
Brandon Reed
Lease Option - Who is Responsible for Repairs/Maintenance?
Hey BP!When a tenant is living in your property under a Lease Option/Purchase contract...are you, as the homeowner, still responsible for repairs and maintenance? Or is the tenant responsible since it potentially will...
Steven Anderson
Mother receiving rental properties after divorce
Hello - my mother is in the process of finalizing her divorce with my father. She will be receiving an LLC with 6 rental properties (1 has a promissory note that will be transferred to my mother) by May 1. I'm looking...
Kevin Larson
Best way to fire a contractor?
To get to the point of my question, and not get too caught up in the details I wanted to get some advice on the best way to fire a contractor. The contractor I hired to rehab my out of state property is two months pa...
Yinan Q.
Is is legal for seller to accept another offer after agreeing to take the first one?
Negotiated with the seller back and forth a few time and finally seller agreed to take my counter offer yesterday. However, seller agent told my agent that they've accepted another offer today before we send in our pa...
Robert Burns
Lease w/Option to Purchase or Delayed Closing Date
Does anyone have the pros and cons of using a lease with an option to close vs. a standard sale and purchase agreement with a delayed closing date out 2 years?
Nadir M.
Owner wants to switch property manager mid lease.
Hello BP,An owner of multiple units reached out to me and was interested in my property management company. One of his questions was the transition of the properties from his current PMC to mine. From everyone’s exper...