Gurjot Grewal
Do I have too many contingencies in my offer?
Iv made maybe around 40 offers in my long distance market and only 1 under contract which I had to back out of. The contingencies I include are these 4 things;-10 days inspection period -appraisal -Financing-seller...
Matthew Netwon Marquess
How to Write an Offer with Contingency for Idaho?
I'm wondering how do you write an offer with contingencies' for an investment property? I'm looking at multifamily properties in Boise, Idaho and my Real Estate Broker said that I need to make an offer in order to se...
Andrea Mas
GREAT MULTIFAMILY DEAL ***No finance contingency. How to proceed?
I have a huge interest in purchasing a prospective multifamily property. The original game plan is to use an FHA loan to finance, live in one unit and rent the others. I have a small amount of liquid assets, hence my ...
Todd Bowen
Look before offer or offer before looking (with contingencies)?
I've found myself looking at several properties which as you all know takes a lot of time and can be challenging to schedule with tenants, agents, contractor, and myself having a full time job. I have made about 10 o...
Henry Chen
Seeking advice: contingencies removed, buyer won't close in CA
I'm in a situation that's slightly more complicated than the average sale and need some advice. I'm in escrow to sell a duplex in Pasadena, CA. Included in the sale is a set of approved building plans for a 5 unit c...
Marc C.
Adding a purchase price contingency to the LOI...ideas?
Lately, we've been marketing directly to "mom and pop" owners who want to retire. Their books are usually more or less useless in a lot of ways: No management fee, no labor charges on repairs (they do their own), thin...
Jason James
An Offer Without Inspection Contingency.. This can't be normal!
I'm in a fairly hot Multifamily market in Northern California. My agent and i just made really strong offer, over asking price with a 30 day close. We were beat out by the same offer, without a inspection contingency...
Sean Murphy
When to remove financing contingency? Upon LOI or commitment?
I'm working on a 5+ unit purchase and have an LOI from a lender but a financing commitment will take a few more weeks beyond deadlines that have already passed. Is it common to remove a financing contingency based on ...
Michael Hoffman
Contract Contingencies to Include when needing to raise cash
Hello, I currently have one small scale deal under my belt and am interested in scaling larger. As with most beginners a lack of capital is my biggest challenge right now and I am just beginning to research the proces...
Stephen N.
What contingencies do you normally put in your offers?
do you pay someone to inspect the property before you make an offer or do you make the offer subject to inspection?
same thing for termites. do you pay someone to check for termites before you make an offer?