Donna Martinez
CA SB 644 - FULL refunds & AB-537 -Rates & Fees disclosure- July 1, 2024
Short term rentals will be required to refund full price beginning July 1, 2024 (for all bookings made prior to that date). Currently I have written in my contract the following:
A flat fee of $125 is charged for ev...
Alicia Miller
Fannie Mae is denying request for refund on earnest deposit
Hi BP! I need your advice. I put down a $5k deposit on a Fannie Mae owned property and they do not want to refund it. It's my first investment property and the plan was to purchase with FHA, renovate, occupy, and sell...
Davis Marsh
Wholesaling Vacant Lots: Assignment of contract specific question
I currently have a vacant infill lot under contract. The offer to purchase contract is written in a way that specifically lets me assign and or market the contract to another buyer. But I am a bit confused on the logi...
Susan Kelley
Seller Financing Reneged One Hour Before Closing
Simple 4 page executed contract provided for purchase money mortgage (pmm), seller financing $375k @ 4%, repayment monthly amortized 30 year, 15 yr balloon, no pre-payment penalty. Seller's P.O.A. is a non practicing ...
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...
Michael Stole
A big department store refuse to reissue me the promotion card
I got a promotion card (similar to a gift card) from a big department store half year ago when they had a promotion (spending $5000 and get $600 back in a promotion card). The promotion card has a expiration date, and...
Rob Smith
Breached Agency in sale of $250K Contract Position
Hoping to get some feedback from you all-I negotiated the terms of purchase with a Seller who owned a portfolio of real estate. The Seller had a Listing Agent, but they were doing nothing to market the properties. I v...
Diana T.
What happens to bookings when sold?
Im booked via airbnb well into oct, nov.... what happens if i want to sell my cabin in coming months? Are these able to transfer to new owner?
Bruce Woodruff
What to do when guest is a no-show?
Just looking for creative input....our guests that were supposed to arrive on Friday sent a literally last-minute message saying that she had gotten sick and couldn't make it. She said she noticed our cancellation pol...
Michael Nahm
AirBNB won’t issue a refund
Hi all, would appreciate some objective feedback as I only own LTR’s and not STR’s.
My family and I recently booked a trip to Europe and used AirBNB for accommodations.
The first place we booked was for 2 nights and...