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Results (10000)
Terry Royce Contract Outs
10 July 2008 | 26 replies

What do you use in your contracts as out clauses?

Have you ever had to use them, and if so did it get messy, or go easy?

Also, I hear about those who use an inspection clause as an out? Couldn't your end buyer use t...

Scott Bastarache Assignment of contract
18 March 2011 | 12 replies

I'm new to wholesaling and wondering if I can assign my "offer to purchase" or If I have to go through and complete a PSA with the seller and then assign that to my end buyer.

Thanks

Fred Roven 1031, Condition of sale
9 November 2015 | 5 replies

I have not been able to find a 1031 clause with sale of property as a condition of the purchase contract.  Buyer wants to use a 1031 exchange to purchase but wants contract to terminate if original sale does not occur...

Zackery Martinez Advice requested. Earnest money at risk?
30 July 2021 | 9 replies

Hi everyone, looking into buying a property (as a personal residence), I received this counteroffer around an hour ago. They have requested multiple changes to the original offer that worry me. 1) Termite clearance to...

Christopher Fawls Can you make a cash offer on a house with a contingency?
21 May 2019 | 3 replies

I have seen a number of houses in my area with contingencies on them. Can I make a cash offer and ,if so, does that take precedence over a contingency?Also, if so, can I propose a lower priced offer and how is that c...

Daniel Kramer Ohio Redemption Rights
17 December 2021 | 3 replies

I understand this may fall under the "consult with your attorney" category, but I thought I'd throw this question out there. In the state of Ohio, if a house is in foreclosure and scheduled to go to auction, if I succ...

Nghi Le MLS Pending Status
17 November 2014 | 5 replies

When does a property normally get to "Pending status"?  Is it mutual acceptance and both parties sign the contract?  Or is it when the Inspection, Financing, and/or other contingencies are waived?  I'm not sure if the...

Rian Ash Seller too eager to cancel
1 May 2019 | 4 replies

Hi BP Members,I am in a not so common situation right now. I got into contract to buy an apartment in Contra Costa, County California around 26 days back. We got into contract as soon as the property came on the prope...

Abena Cannady Getting out of an AS-IS Cash purchase?
3 August 2018 | 12 replies

Hey BP!I'm looking to go into contract on a 3 properties that I have not seen yet. I know the area because I have 2 properties there now so my only hesitation is how much work is needed. I know from the podcast as wel...

Chris T. Good Contingencey Clause?
10 June 2009 | 12 replies

I already have buyers in place but I want to protect myself as much as possible with a contingency clause.

The clause on my contract now states, "The sale of property is contingent upon buyer obtaining third party fi...