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So when you submit an initial offer on a property are there any standard contingencies that go along with it?For example, if you submit a lower then asking offer but non-contingent upon an inspection, would this be an...
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Hi all,I am curious how it works when you put in a offer on a house.I am currently looking at a condo for 74kI want to make an offer of 62K and negotiate the closing cost with the owner.My question is:After I put in t...
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Hi,Im making an offer on a property that I want to flip using hard money lending and im not sure what to put in the financing chapter of the conract. is it a sort of mortgage? is it cash? if its mortgage should i add ...
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I went with a realtor to look at a 2 family home. Upon arrival we couldn't get in. The seller told my agent that the tenants were not being cooperative. So they suggested my options were to purchase it unseen or wait...
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What are all of the different forms and contracts you need the homeowner to sign in order to properly get a property under contract to wholesale it???
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Hello, I was trying to buy a property and everything’s fine until I got the appraisal report. The appraised value is lower than what the lender expected, so the lender lower the loan amount from 80% (which is on the p...
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Hello all,I want to throw this out to the BP community and see if we have a foot to stand on. So, two business partners and I were just in escrow on a listed "duplex." We are 25 days in on a 60 day escrow. The escrow ...
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I will be getting in to my first investment by buying a multi family and living in one side. I don't have much to my name so I will be using my VA loan with 0% down to get me started. But, I know, especially in my are...
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Hi,
I have a question as Rookie. I want to cancel escrow due to inspection contingency on the last min. Buyer didn’t reply to me or release deposit. Now they are on escrow with different buyer. I wonder if they can ...
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Is there any risk in just submitting an offer?
Context: Apparently this seller will allow viewing only if an offer is submitted. Weird, but I am really interested in seeing it. Doesn't mean I actually want it as of now