Jessica Giles
Seller won't sign termination agreement - help!
Hi all, I just sold a property and am in my 45 day window with a 1031 exchange to identify a new one. I did so early on and went under contract, but the inspection revealed MAJOR structural issues that cause use to te...
Shari Capers
MLS Offers Wholesaling
Hi All,
I am a Licensed Real Estate Broker in Georgia and have several investors(Wholesale) who wish for me to submit properties that they are planning to assign to end buyers. I have never done this before and have ...
Robert Fountain
What would you do in this situation?Agent really dropped the ball
My brother in law and I have been trying to purchase a rental for a few months now but we have been having trouble getting bids accepted.A few days ago we put in a bid on a short sale house last Friday. The sellers c...
Jon C.
Very basic question re: making an offer and using title company
These may be very stupid qustions but here goes.
1. I understand that "making an offer" on a fsbo can be done however you want(verbal, notepad, whatever) before the contract is written. What about when dealing with a...
Kyle M Nedd
Is being “Under Contract “ Solid
So I wanted to pose a question to my fellow New Yorkers.. I’ve heard being under contract may not matter when there was a a combination of greed and cash buyers . One the seller can contact it’s lawyer to kill to orig...
Ahmad Nassar
When to talk to a HML
Hi BiggerPockets,I’m about to put an offer on a bank owned multi family. I believe right now my best chance of getting this under contract is with an all-cash offer. Does that mean I need to contact a Hard money lende...
Todd Riner
Contract extensions after expiration--what is legal/ethical
I recently found a property I was interested in and upon further research revealed it was under contract until 30 Nov 2017 (per listing agent) The property could not be shown until that contract expired. On 1 Dec, th...
Account Closed
Binding contracts
If I am making an offer on a property do I need to pay a lawyer to prepare a binding contract or can I legally create my own? How does this process work?
P.S I do not plan on closing. My goal is to wholesale ...
Victor N.
Buying Short Sale Issues
Trying to purchase a short sale for the first time. This is a single family house that I'm hoping to live in. Current owner is an investor and was trying to flip the house but "ran out of money". The property is in fo...
María Salas
Do all investors use “and or assign” in purchase contracts?
Do all investors use the “and or assign” in their purchasing contracts? As an investor I think having this clause in the purchasing agreement gives you the extra strategy to assign your rights of buying to another inv...