Stephanie Simmons
Advice needed: pending deal - inspection & contingency problems
I’m a licensed agent in Florida. I’m an investor and I really only do my own deals. This is the first one of my properties that I have sold as an agent. Here’s the issue - got a contract from a buyer that is a commerc...
Spencer Lindquester
Inspection contingency for sale or inspection after acquisition?
I've just started making offers on houses to flip, and so far I've been beaten out by other investors who are waiving an inspection. Am I shooting myself in the foot by requiring an inspection before purchasing the pr...
Justin Gomberg
House Contingent Upon Inspection. Questions for post inspection.
Hi Everyone! I am a new investor and after reading "The Book On Rental Property Investing", "Buy, Rehab, Rent, Refinance, Repeat", "Long-Distance Real Estate Investing" and last but not least "The Book on Estimating R...
Mark Beekman
Non-contingent, cash offer -- Can you still mortgage?
This may be a stupid question, but I thought I'd ask anyway.
If you make a contingency-free, cash offer on a property, can you still mortgage it? That is, if you we're to decide after the agreement is signed ...
Colin Specter
Confirmation of Mortgage approval only on contingency date?
Hi New Yorkers - first time buying a home in New York state. I have a SFR house under contract with a close date next month. Question: I've asked my Loan Officer for an update on the mortgage and her response was, "We...
Jimmy Lieu
Do I need to include an appraisal contingency?
If I already have a financing/inspection contingency, do I REALLY need an appraisal contingency?My reasoning is because if I have a financing contingency, I feel like if there's an issue with the appraisal, the lender...
Julie Hassett
Buying from a wholesaler - why no EMD contingencies?
Hello BP! Looking at a wholesale deal in Baltimore city (21213). It's a townhome in pretty good shape on a good street in BelAir-Edison (Pelham). Wholesaler wants $39K cash to close. No contingencies.Question: I've ne...
Saeed Hadian
Cancelling a purchase contract before removing loan contingency
Hey guys,
I was in a contract for a duplex in California and had my appraisal and loan contingencies in place. The appraisal came at value but for some reason (finding discrepancy in rent info between listing and sel...
Josiah McQueen
Personal sale & Assignment contract with Inspection Contingency
Hey guys, I’m a new to this and would really like it if someone could send me a personal sale contract and assignment contract. I also would like it to have something along the lines of an inspection contingency in it...
Fallon Moore
Filling out "As Is" contract with financing contingencies
I'm obviously embarrassed to ask this, but please don't rip me to shreds. I'm a new agent who just switched brokerages and no one from within my brokerage is answering me but I'm on a time deadline. I'm stressed about...